Property profile

1804 Route 9 Halfmoon, NY 12065

OFF-MARKET
Land
4.5 ac lot
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Property summary

AI-generated overview

This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Halfmoon, New York. Strategically located on Route 9, this property offers unparalleled visibility and accessibility, boasting significant frontage along this major thoroughfare. Its prime location provides easy access to both Exit 9 and Exit 10, ensuring convenient connectivity for businesses and their clientele. The land is currently undeveloped, presenting a blank canvas for a wide range of commercial ventures. All necessary utilities are readily accessible, simplifying the development process and minimizing upfront costs. The asking price is $2,137,500, translating to $475,000 per acre, reflecting the high value of this strategically positioned land in a thriving commercial area. The property's Assessed Parcel Number (APN) is 412400 265.-1-22.112. This is an exceptional opportunity to acquire a substantial piece of commercial real estate in a high-demand location with excellent visibility and convenient access to major transportation routes. Don't miss this chance to secure a prime location for your next commercial development project. The property is situated at 1804 Route 9, Halfmoon, NY 12065.

Property profile

Verified
Property type Land
Lot 4.5 ac (196,020 SF)

Cap rate & NOI

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

Location

1804 Route 9 Halfmoon, NY 12065
Halfmoon metro
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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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