Property profile

Hopewell Rte 82 & Beekman Rd Hopewell Junction, NY 12533

OFF-MARKET
Land
9.84 ac lot
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Property summary

AI-generated overview

This exceptional 9.84-acre parcel presents a unique opportunity for developers seeking a prime location in Hopewell Junction, New York. Situated at the highly visible intersection of Route 82 and Beekman Road, this cleared and level property boasts over 1,700 feet of road frontage, maximizing visibility and accessibility. Its strategic location offers convenient access to major transportation arteries, including the Taconic State Parkway and I-84, placing it within easy reach of the thriving Hudson Valley Development Center. Currently zoned residential, the Town of East Fishkill is receptive to mixed-use residential/commercial development proposals, opening doors to a variety of project possibilities, from retail and office spaces to multi-family residential complexes. The property benefits from the availability of municipal water along Route 82, with sewer services also accessible to the site. Priced at $2,650,000, this offering represents a compelling investment in a high-growth area with significant development potential. The seller is open to considering offers subject to specific conditions. This is a rare chance to acquire a substantial tract of land in a desirable location with excellent infrastructure and zoning flexibility. Don't miss this opportunity to capitalize on the burgeoning development landscape of the Hudson Valley.

Property profile

Verified
Property type Land
Lot 9.84 ac (428,630 SF)

Cap rate & NOI

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

Location

Hopewell Rte 82 & Beekman Rd Hopewell Junction, NY 12533
Hopewell Junction 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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