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    OFF-MARKET
    Land

    0 Saddle Ridge Dr, Hopewell Junction, NY 12533

    79 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 79-acre parcel presents a remarkable residential development opportunity in the highly sought-after East Fishkill Town, New York. A recent feasibility study indicates the potential for subdividing the land into approximately 27 individual lots, making this a highly attractive investment. The property's strategic location offers unparalleled accessibility and convenience. Bordering the Taconic State Parkway to the east provides easy commuting access to both New York City and Albany. Proximity to Route 376 and existing residential developments on Saddle Ridge Road further enhances its appeal. The land is also conveniently located near Gayhead Elementary School and Emmadine Pond Town Park, providing residents with access to excellent schools and recreational amenities. The potential for two entrance/exit points from Saddle Ridge Drive adds to the property's development potential. The Dutchess County location, with APN 132800-6457-04-991, offers a desirable setting for a new residential community. A survey is available for review. Note that a separate 19.5-acre mixed-use/commercial parcel with over 400 feet of Route 52 frontage is also available for purchase nearby. This 79-acre property, listed at $999,000, is a rare opportunity to capitalize on the strong demand for residential development in this area. The lot size is 79 acres, and the property is zoned for residential use. The address is Saddle Ridge Dr, Hopewell Junction, NY 12533.

    Property profile
    Verified
    Property type Land
    Lot 79 ac (3,441,240 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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