9 Rte Wappingers Falls, NY 12590
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.