Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1895 South Rd Poughkeepsie, NY 12601

    • Retail properties & Spaces
    • 517,450 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • My Wine and Spirits / Specialty Food Shop / Wine and Liquor Store
    • Chuck E. Cheese / Arcade & Gaming Center
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • D'Marie Beauty / Hair Salon
    • Salon Nirvana LLC / Hair Salon / Nail Salon

    Property Details for 1895 South Rd

    Property size
    517,450 SF
    Property type
    Retail properties & Spaces

    Description

    The Shoppes at South Hills, located at 1895 South Rd, Poughkeepsie, NY 12601, offers exceptional retail space in Dutchess County. This prominent center boasts a total of 517,450 square feet and features 12 suites, with 118,786 square feet currently available. Spaces range from a minimum of 1,150 square feet to a maximum contiguous space of 80,275 square feet, providing flexibility for various business needs. The property is situated along the heavily trafficked Route 9 corridor, a key commercial artery in Dutchess County, ensuring high visibility and accessibility. Benefit from a substantial trade area encompassing over 100,000 people with an average household income exceeding $113,000. Strong national anchors such as ShopRite, At Home, Hobby Lobby, Ashley Home Store Outlet, and Bob's Discount Furniture draw significant customer traffic to the center. Ample parking is available with 3,111 spaces to accommodate customers and employees. This prime retail location presents a unique opportunity to establish or expand your business within a thriving commercial environment. Contact us today to learn more about the available spaces and leasing options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.921
    Latitude
    41.6171

    Comparable in this City

    • Value Estimation by Request
      1,697 SF

      134-136 South Ave

      Retail properties & Spaces • 1,697 SF
      134-136 South Ave, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      1.00 Acre

      2331 South Rd

      Automotive properties • 1.00 Acre
      2331 South Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      4.39 Acres

      240 Route 9D

      Flex space • 4.39 Acres
      240 Route 9D, Wappingers Falls, NY 12601
      View Details
    • Value Estimation by Request
      52,386 SF

      2016-2024 South Rd

      Lifestyle centers • 52,386 SF
      2016-2024 South Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      22,700 SF

      37 Academy St

      Retail properties & Spaces • 22,700 SF
      37 Academy St, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      20,566 SF

      2001 South Rd

      Retail properties & Spaces • 20,566 SF
      2001 South Rd, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Sale

    • $1,290,000
      0.08 Acres

      Mixed-Use Building in Downtown Poughkeepsie

      Mixed-use building with commercial and residential units in prime location.
      302-304 Main St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Prime Retail Development Site Available

      Exceptional visibility on Route 9, ideal for retail development.
      2331 South Rd, Poughkeepsie, NY 12601
      View Details
    • $1,900,000

      Poughkeepsie Innovation District Development Opportunity

      1.12-acre assemblage in Poughkeepsie's Innovation District, ideal for development.
      194 Church St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Renovated Commercial Space Opportunity

      Renovated commercial space near business district and waterfront.
      1 Cottage St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing
      3,500 SF

      Established Retail Business For Sale

      Established retail business specializing in fruit and gift arrangements.
      2585 South Rd, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr

      10 Dutchess Landing Rd

      One Dutchess Landing
      10 Dutchess Landing Rd, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Poughkeepsie Retail Space For Lease

      Retail and restaurant spaces available for lease in Poughkeepsie.
      2521 South Rd, Poughkeepsie, NY 12601
      View Details
    • $300 /Mo
      6,098 SF

      Poughkeepsie Commercial Space For Rent

      Affordable Poughkeepsie commercial space in high-traffic area. Utilities included.
      53 Market St, Poughkeepsie, NY 12601
      View Details
    • $2,500 /Mo
      3,485 SF

      Prime Retail Space in Poughkeepsie

      Revitalized Poughkeepsie business district retail space for lease.
      200 Main St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent in Poughkeepsie, NY.
      3440 North Rd Rte 9, Poughkeepsie, NY 12601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1895 South Rd
    Poughkeepsie, NY 12601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!