Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    740 Southwoods Dr Monticello, NY 12701

    • Investment properties
    • 1,812 SF
    • 1.00 lot acres
    For Sale
    View listing
    Value Estimation
    Last Sale
    Jan 05, 2022
    $250,000
    Location Intelligence
    Property ID
    US63-1687557
    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

    • Investment properties

    Property Details for 740 Southwoods Dr

    Year built
    1989
    Lot size
    1.00 lot acres
    Property size
    1,812 SF
    Zone code
    CI
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    484689 31.-1-80.3
    APU
    484689311803

    Description

    This exceptional mixed-use property, located at 740 Southwoods Drive in Monticello, NY, 12701, presents a unique investment opportunity. Situated on a 2.2-acre lot with Highway Commercial zoning, this property boasts two buildings offering a diverse range of spaces. The main building features a 1,800 square foot house with three bedrooms, two bathrooms, a kitchen, living room, outside patio, and attic. The house includes gas heat and window air conditioning. The property also includes a 3,000 square foot warehouse space. The lower level of the warehouse has windows and 7-foot ceilings, while the ground floor offers 9 to 12-foot ceilings and a drive-in feature. The property benefits from excellent visibility and signage, easy access from Route 17, and proximity to downtown Monticello. Utilities include gas heat, a septic tank, and well water. This versatile property is suitable for a variety of commercial, industrial, and medical office uses, making it an attractive option for investors seeking a multi-faceted investment in Sullivan County, New York. The property's zoning and location offer significant potential for growth and development.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $180,000
      7%
      $180,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $165,000
      Mixed-Use
      $190,000
      Hospitality
      $180,000
      Educational
      $190,000
      Residential Income
      $150,000
      Energy
      $170,000
      Income-Based Land
      $155,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6389
    Latitude
    41.6397

    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
    2021
    $0.00
    $63,000
    $57,000
    $120,000
    -
    $126,000
    $114,000
    $240,000

    Comparable in this City

    • Value Estimation by Request
      480 SF

      Forestburgh Rd

      STORE/OFFICE (MIXED USE) • 480 SF
      Forestburgh Rd, Monticello, NY 12701
      View Details
    • Value Estimation by Request
      1,175 SF

      629 State Rte 17b

      STORE/OFFICE (MIXED USE) • 1,175 SF
      629 State Rte 17b, Monticello, NY 12701
      View Details
    • Value Estimation
      $530,000
      4,468 SF

      461 Broadway

      STORE/OFFICE (MIXED USE) • 4,468 SF
      461 Broadway, Monticello, NY 12701-1738
      View Details
    • Value Estimation
      $330,000
      4,380 SF

      1 Schroeder St

      STORE/OFFICE (MIXED USE) • 4,380 SF
      1 Schroeder St, Monticello, NY 12701-4219
      View Details
    • Value Estimation
      $255,000
      2,812 SF

      311 Broadway

      STORE/OFFICE (MIXED USE) • 2,812 SF
      311 Broadway, Monticello, NY 12701-8810
      View Details
    • Value Estimation
      $235,000
      1,800 SF

      82 Cold Spg Rd

      STORE/OFFICE (MIXED USE) • 1,800 SF
      82 Cold Spg Rd, Monticello, NY 12701-4250
      View Details

    Similar Nearby for Sale

    • $749,000
      3,270 SF

      Live-Work Investment Opportunity in Monticello

      2.1-acre property with commercial building and residential house.
      107 Jefferson St, Monticello, NY 12701
      View Details
    • Contact for pricing
      2.20 Acres

      Monticello Mixed-Use Property

      Versatile 2-building complex, ideal for various uses.
      740 Southwoods Dr, Monticello, NY 12701
      View Details
    • $974,900
      5,443 SF

      Versatile Mixed-Use Property in Monticello

      Mixed-use property with garage, rental unit, and development potential.
      36 Cold Spring Rd, Monticello, NY 12701
      View Details
    • $9,000,000
      76,275 SF

      Monticello Industrial Complex

      76,275 SF Industrial Property, $9M
      419 State Rt 17B, Monticello, NY 12701
      View Details
    • $495,000
      3,100 SF

      Monticello Mixed-Use Redevelopment

      Prime 1.61-acre corner lot, Hwy commercial zoning.
      78 Cold Spring Rd, Monticello, NY 12701
      View Details
    • $950,000
      6,390 SF

      Monticello Retail Building - Prime Location

      High-traffic retail space, fully occupied.
      366 Broadway, Monticello, NY 12701
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      1,168 SF

      Monticello Retail Space For Lease

      Versatile commercial space in Monticello near busy intersection.
      193 E Broadway, Monticello, NY 12701
      View Details
    • $2,500 /Mo
      692 SF

      High-Traffic Corner Retail Unit

      692 SF retail space in Monticello, NY for lease.
      191 E Broadway, Monticello, NY 12701
      View Details
    • $675 /Mo
      190 SF

      Restored Office Space in Monticello

      Upscale office spaces in a restored building, convenient location.
      456 Broadway, Monticello, NY 12701
      View Details
    • $775 /Mo
      209 SF

      Restored Office Space in Monticello

      Upscale office spaces in a restored building in Monticello, NY.
      456 Broadway, Monticello, NY 12701
      View Details
    • $5,000 /Mo

      Class A Office Building

      Self-contained, renovated office building with modern amenities for rent.
      19 Prince St, Monticello, NY 12701
      View Details
    • $900 /Mo

      Retail Space Available For Rent

      Retail space available for rent at $11 per square foot.
      456 Broadway 302, Monticello, NY 12701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    740 Southwoods Dr
    Monticello, NY 12701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.