Property profile

2637 Ny-52 Hopewell Junction, NY 12533

OFF-MARKET
Land
19.5 ac lot
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Property summary

AI-generated overview

This exceptional 19.5-acre parcel in Hopewell Junction, NY, presents a unique investment opportunity. Located at 2637 NY-52, this flat lot boasts over 400 feet of frontage on Route 52, experiencing a daily traffic count of 14,672 vehicles. The property is zoned for both commercial and residential uses and falls within the Taconic Parkway Overlay District, permitting a variety of developments including assisted living facilities, mixed-use buildings, grocery stores, and outdoor dining establishments (see ecode360/37532511 for zoning details). Its strategic location offers unparalleled accessibility, with close proximity to Route 84 and Taconic State Parkway ramps, facilitating easy commutes to New York City and Albany. Nearby amenities include John Jay High School, Onsemi, a new Amazon building, and various local conveniences. The property's high visibility and substantial size make it ideal for a wide range of commercial ventures. An adjacent 79-acre parcel is also available, providing significant potential for expansion and large-scale development. The asking price for this remarkable 19.5-acre property is $650,000. This presents a rare chance to acquire a highly desirable location with immense growth potential. The property's zip code is 12533, located in Dutchess County.

Property profile

Verified
Property type Land
Lot 19.5 ac (849,420 SF)

Cap rate & NOI

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

Location

2637 Ny-52 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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