Property profile

10 Corporate Park Dr Hopewell Junction, NY 12533

OFF-MARKET
Specialty properties
24,000 SF 2.34 ac lot Built 2002
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Property summary

AI-generated overview

This single-story, 24,000 square foot Class B office building, built in 2002 and renovated in 2018, offers multiple suites ranging from 3,000 to 14,000 contiguous square feet. Located in the desirable Mid Hudson Valley submarket of East Fishkill, NY, this property boasts a prime location on NYS Route 52, offering excellent visibility and accessibility. The building features 12' to 20' ceiling heights, 70+ parking spaces, one drive-in, and three-phase power. Its convenient location is adjacent to major employers including Amazon's 630,000 sq. ft. facility, the Hudson Valley Research Park (On-Semiconductor Plant), and iPark, a 1.3 million sq. ft. high-tech complex. The 2.34-acre lot provides ample space and attractive landscaping. The building's flexible zoning (B1 - Business) and layout cater to various business needs, making it ideal for executive offices, medical offices, flex space, R&D, or traditional office uses. The high daily traffic count of 12,888 vehicles on Route 52 ensures significant visibility. Currently, 14,000 square feet of space is available for lease, with four total suites in the building. This property presents a unique opportunity to establish a presence in a thriving commercial park with strong tenant demand.

Property profile

Verified
Property type Specialty properties
Year built 2002
Total area 24,000 SF
Lot 2.34 ac (101,930 SF)

Cap rate & NOI

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

Location

10 Corporate Park Dr Hopewell Junction, NY 12533
Hopewell Junction metro
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Value estimations

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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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