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Property profile

1 Castagna Dr Pawling, NY 12564

OFF-MARKET
Land
80 ac lot
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Property summary

AI-generated overview

This exceptional 80-acre parcel, known as Castagna Corporate Park, presents a unique investment opportunity in Dutchess County, New York. Located at 1 Castagna Drive, Pawling, NY 12564 (APN: 134089-7056-00-611351-0000), this Planned Development District (PDD) site offers significant potential for a wide range of commercial and industrial developments. The property boasts convenient access to major transportation arteries, including Interstates 84 and 684, ensuring easy commutes to major NYC markets and nearby tourist attractions. Situated on a private road off Route 22, the site benefits from existing infrastructure, including readily available sewer and water, natural gas, and electric connections. The secluded, wooded setting offers a unique blend of natural beauty and development potential. Permitted uses within the PDD zoning include, but are not limited to, retail, office, hotels, water parks, self-storage facilities, and medical/professional offices. The asking price for this remarkable 80-acre (estimated total 120 acres) property is $4,200,000. Don't miss this chance to acquire a truly exceptional development site in a highly desirable location.

Property profile

Verified
Property type Land
Lot 80 ac (3,484,800 SF)

Cap rate & NOI

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

Location

1 Castagna Dr Pawling, NY 12564
Pawling metro
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Value estimations

Realmo proprietary · 4 methods
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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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