160 Salt Point Tpke Poughkeepsie, NY 12603
- Office buildings
- 5,564 SF
- 2.00 lot acres
Current Use by Public Records
- Popavero Jr Thomas J CPA / Accountant
Property Details for 160 Salt Point Tpke
- Year built
- 1920
- Lot size
- 2.00 lot acres
- Property size
- 5,564 SF
- Zone code
- BN
- Property type
- Office buildings
- APN
- 134689 6162-02-953737-0000
- APU
- 9223372036854775807
Description
This exceptional commercial property, located at 160 Salt Point Turnpike in Poughkeepsie, NY, presents a unique opportunity for a variety of businesses. The expansive 5,720 square foot building sits on a two-acre corner lot at the intersection of Salt Point Turnpike and N. Grand Avenue, offering excellent visibility and accessibility. Ample paved parking is available on all three sides of the building, ensuring convenient parking for employees and clients. The property boasts a tranquil wooded backdrop, providing a sense of privacy and seclusion. The building is divided into multiple units, each featuring several private offices, comfortable sitting areas, dedicated receptionist spaces, and restrooms. Each unit also includes a large central conference room, perfectly situated for meetings and collaborations. The property benefits from separate electric meters, heating, and central air conditioning systems for each unit, allowing for independent climate control and energy management. Municipal water, sewer, and natural gas services are readily available. The substantial lot size presents significant potential for future expansion, making this property an ideal investment for businesses seeking growth and flexibility. The property's versatile layout and prime location make it suitable for a wide range of commercial uses. This is a rare opportunity to acquire a substantial and well-maintained commercial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $480,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $480,000
- Mixed-Use
- $540,000
- Hospitality
- $510,000
- Educational
- $555,000
- Residential Income
- $555,000
- Energy
- $435,000
- Income-Based Land
- $555,000
- Food Service
- $550,000
Location Insight
- Map
- Local Demand
- City
- Poughkeepsie
- County
- Dutchess
- State
- New York
- Longitude
- -73.8951
- Latitude
- 41.7212
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA