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Property profile & analytics
OFF-MARKET
Land

1250 Us-9 CASTLETON, NY 12033

85.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 85.5-acre parcel is strategically located on Route 9 in Castleton, New York, offering significant development potential. The property boasts Highway Commercial zoning, allowing for a wide range of commercial and industrial uses. Its prime location provides easy access to major transportation arteries, including Interstate 90 (exit 12), situated less than one mile south. The area has experienced substantial recent growth, with notable industrial development including two significant Amazon facilities totaling over 1.2 million square feet. This presents a unique opportunity to capitalize on the thriving industrial sector in a rapidly expanding region. The expansive lot size provides ample space for large-scale projects, making it an ideal investment for developers seeking a high-impact location. The asking price for this exceptional property is $2,600,000. The property is situated approximately seven miles southeast of Albany, New York, placing it within close proximity to a major metropolitan area and its robust workforce. Over 30 acres are zoned Highway Commercial, offering flexibility for various development plans. This presents a rare opportunity to acquire a substantial land holding in a high-demand location with excellent infrastructure and access to a thriving market.

Property profile
Verified
Property type Land
Lot 85.5 ac (3,724,380 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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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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