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    1643 Route 82 Lagrangeville, NY 12540

    • Strip malls
    • 48,304 SF
    • 18.57 lot acres
    For Lease
    View listing
    Value Estimation
    $10,665,000
    Last Sale
    Feb 07, 2024
    $10,500,000
    Location Intelligence
    Property ID
    US63-0357297
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 1643 Route 82

    Year built
    1996
    Lot size
    18.57 lot acres
    Property size
    48,304 SF
    Zone code
    GH
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    133400 6559-03-316413-0000
    APU
    9223372036854775807

    Description

    LaGrange Commons, located at 1643 Route 82 in Lagrangeville, NY 12540, presents a unique retail investment opportunity. This two-building, single-story strip center offers two available spaces, one measuring 2,400 square feet and another up to 3,500 square feet as a pad site. The property boasts a total of nine suites and 323 parking spaces, ensuring ample customer convenience. Benefit from high visibility and traffic counts, with 7,464 cars daily on Route 82 and 42,526 cars daily on the nearby Taconic State Parkway. Strong co-tenancy includes ShopRite Supermarket, GoHealth Urgent Care (coming soon), Top Nail, Dominick's Cleaners, Happy Wok, All City Grill, and Dollar Plus. Nearby retailers include Dunkin' Donuts, Mobil, Verizon, and the United States Post Office. The property is situated in Dutchess County, New York, with easy access to the Taconic State Parkway. Taxes are $8.11 per square foot. Contact us for rental and CAM/tax details. This is an exceptional opportunity to join a thriving retail center in a high-traffic location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,920,000
      6.5%
      $11,180,000
      7%
      $11,505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,550,000
      Geo Method
      $12,005,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $10,340,000
      Retail
      $9,510,000
      Mixed-Use
      $9,395,000
      Hospitality
      $12,640,000
      Educational
      $9,615,000
      Residential Income
      $12,335,000
      Energy
      $9,685,000
      Income-Based Land
      $9,460,000
      Food Service
      $11,950,000

    Location Insight

    • Map
    • Local Demand
    City
    Lagrangeville
    County
    Dutchess
    State
    New York
    Longitude
    -73.7726
    Latitude
    41.6298
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $548,464
    $4,799,746
    $5,348,210
    -
    $770,311
    $6,741,189
    $7,511,500

    Comparable in this City

    • Value Estimation by Request
      29,287 SF

      1097 Rte 55

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      1097 Rte 55, Lagrangeville, NY 12540-5059
      View Details
    • Value Estimation by Request
      25,814 SF

      1618 Rte 82

      SHOPPING CENTER, STRIP CENTER • 25,814 SF
      1618 Rte 82, Lagrangeville, NY 12540-6089
      View Details
    • Value Estimation by Request
      19,681 SF

      1516-1520 Rte 55

      SHOPPING CENTER, STRIP CENTER • 19,681 SF
      1516-1520 Rte 55, Lagrangeville, NY 12540
      View Details
    • Value Estimation
      $760,000
      12,936 SF

      2419 Rte 82

      SHOPPING CENTER, STRIP CENTER • 12,936 SF
      2419 Rte 82, Lagrangeville, NY 12540-5146
      View Details
    • Value Estimation by Request
      6,079 SF

      1198-1202 Rte 55

      RESTAURANT • 6,079 SF
      1198-1202 Rte 55, Lagrangeville, NY 12540
      View Details
    • Value Estimation by Request
      4,448 SF

      155 Stringham Rd

      FINANCIAL BUILDING • 4,448 SF
      155 Stringham Rd, Lagrangeville, NY 12540-5524
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      LaGrange Commons Retail Space

      Prime Dutchess County retail opportunity. Two spaces available.
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      View Details
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    1643 Route 82
    Lagrangeville, NY 12540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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