Property profile

17K At Racquet Rd Albany, NY 12250

OFF-MARKET
Land
3.5 ac lot
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Property summary

AI-generated overview

This exceptional 3.5-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Newburgh, NY market. Located at 17K Racquet Road, this property boasts an enviable corner location with double road frontage, ensuring excellent visibility and accessibility. Its strategic position offers significant advantages for businesses seeking high traffic exposure. The site is situated just half a mile from Interstate 84 and in close proximity to Stewart International Airport, providing unparalleled connectivity for employees and customers. The land is available immediately for sale, ground lease, or build-to-suit options, catering to a diverse range of development projects. Given the area's rapid growth, this location is perfectly suited for a variety of commercial ventures, including office buildings, hotels, self-storage facilities, quick-service restaurants (QSRs), and assisted living facilities. The property's size and location make it an exceptional opportunity for developers and investors looking to capitalize on the thriving Newburgh commercial real estate market. The address is 17K Racquet Road, Newburgh, NY 12250, within Albany County. The property is zoned for commercial use (specific zoning details should be verified independently). This is a rare chance to acquire a substantial parcel of land in a prime location with excellent potential for significant return on investment.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

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

Location

17K At Racquet Rd Albany, NY 12250
Albany metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

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