250 Dolson Ave Middletown, NY 10940
- Commercial real estate
- 30,700 SF
- 3.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 250 Dolson Ave
- Year built
- 1989
- Lot size
- 3.30 lot acres
- Property size
- 30,700 SF
- Zone code
- TC-1
- Property type
- Commercial real estate
- APN
- 335600 4-1-28.22
- APU
- 335600412822
Description
This exceptional 6-acre development site presents a prime opportunity for investors seeking high-visibility commercial development in Middletown, New York. Strategically located at 250 Dolson Ave, this property boasts unparalleled access to Interstate 84, a major transportation artery, with the I-84 ramp just 0.6 miles (2 minutes) away. Its location also provides convenient access to NYS Route 17M, County Route 56 (1.1 miles, 3 minutes), and County Route 78 (1.6 miles, 3 minutes). The site comprises three contiguous parcels, offering flexibility for various development plans. The property benefits from readily available municipal water, sewer, gas, and central utilities, simplifying the development process. This densely populated area sees a significant daily traffic count of 39,699 vehicles, ensuring high visibility and potential customer reach. The site is surrounded by a robust mix of established businesses, including major retailers such as ShopRite, McDonald's, IHOP, Walgreens, Wendy's, Taco Bell, and Quizno's, as well as several auto retailers like Compass Motors, Johnston's Subaru, Friendly Acura, and Healey Chevrolet. This location offers a unique blend of accessibility, high traffic volume, and established commercial presence, making it an ideal location for a variety of commercial ventures. The property's size and location make it an attractive investment opportunity with significant potential for future growth and return.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,200,000
- 6.5%
- $3,180,000
- 7%
- $3,210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,545,000
- Geo Method
- $3,855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,165,000
- Retail
- $3,070,000
- Mixed-Use
- $4,145,000
- Hospitality
- $3,085,000
- Educational
- $3,125,000
- Residential Income
- $3,610,000
- Energy
- $3,945,000
- Income-Based Land
- $3,255,000
- Food Service
- $4,095,000
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.4298
- Latitude
- 41.4235
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
