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Property profile

55 State Rte Lagrangeville, NY 12540

OFF-MARKET
Warehouses
View Sample
4,000 SF 1.5 ac lot

Property summary

AI-generated overview

This exceptional commercial property in Lagrangeville, NY, presents a unique investment opportunity. Situated on State Route 55, this offering encompasses a 4,000 square foot retail building seamlessly integrated with a 9,000 square foot warehouse. The property boasts an impressive 9.7 acres of land, providing ample space for expansion or future development. Over 1.5 acres of this land is dedicated to a paved outdoor yard, ideal for storage or operational needs. The strategic location offers unparalleled accessibility, being less than two miles from the Taconic State Parkway/Poughkeepsie exit and New York State Route 82. With over 400 feet of road frontage on Route 55, this property ensures high visibility and convenient access for customers and deliveries. The asking price for this combined retail and warehouse space is $1,575,000. This property is zoned for retail and industrial use, offering flexibility for a variety of businesses. The substantial lot size and prime location make this an ideal investment for businesses seeking significant space and convenient access to major transportation routes in Dutchess County, New York. The zip code is 12540.

Property profile

Verified
Property type Warehouses
Total area 4,000 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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