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    OFF-MARKET
    Land

    0 Hathorn Rd, Warwick, NY 10990

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional one-acre commercial lot presents a unique investment opportunity in Warwick, New York. Located on Hathorn Road, this level corner lot boasts 390 feet of frontage on County Route 1A, directly across from the Old Stone House Restaurant. Its prime location offers excellent visibility, situated just south of the Village of Warwick and benefiting from high traffic counts exceeding 13,000 vehicles daily on State Route 94. The property is zoned for commercial use and permits the construction of a 12,000 square foot flex building, making it suitable for a variety of light retail or office uses. This is one of the few remaining commercial lots near the Village of Warwick, less than one mile away. The property's strategic location at a signalized intersection on State Route 94 ensures maximum exposure. Furthermore, there's a potential for expansion, with an additional seven or more acres available for purchase directly on State Route 94 and Hathorn Road, providing significant growth opportunities. The asking price for this exceptional property is $475,000. This presents a rare chance to acquire a highly visible and strategically located commercial lot in a thriving area of Orange County.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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