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Property profile

9 Rte Wappingers Falls, NY 12590

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre development site presents a unique opportunity for investors seeking a high-visibility location in Wappingers Falls, New York. Situated directly across from Adams Fairacre Farms on U.S. Route 9, this property boasts significant frontage on a major thoroughfare, ensuring high traffic exposure and excellent visibility for any commercial venture. The land is zoned for both commercial and residential development, offering flexibility for a variety of projects. The commercial zoning designation falls under the Highway Business District (HB), while the residential zoning is categorized as R-20/40, One-Family Residence District. This dual zoning allows for the potential creation of a mixed-use development, combining commercial spaces with residential units, catering to a diverse range of needs and maximizing investment potential. The property's location in Dutchess County, New York, within the 12590 zip code, provides easy access to major transportation routes and a thriving community. With its strategic location, flexible zoning, and substantial acreage, this property is ideally suited for a wide range of development projects, promising significant returns for the discerning investor. The asking price for this remarkable opportunity is $995,000. Detailed zoning information and site plans are available upon request.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

9 Rte Wappingers Falls, NY 12590
Wappingers Falls 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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