Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Drillers Ln Montgomery, NY 12549-2634
    Back to Search
    Property profile & analytics

    1 Drillers Ln, Montgomery, NY 12549-2634

    View on Map

    • Warehouses
    • 2,688 SF
    • 1.10 lot acres
    Off-Market
    Last Sale Dec 25, 2024
    $2,200,000
    Property ID
    US63-1502131
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 1 Drillers Ln

    Year built
    1964
    Lot size
    1.10 lot acres
    Zone code
    I1
    Property type
    Warehouses
    APN
    334289 30-1-22.2
    APU
    334289301222

    Description

    This exceptional Montgomery, NY investment property offers a unique blend of industrial and residential income streams. Situated on a 4.04-acre lot zoned I-1, the property includes a variety of buildings ideal for diverse uses. A 40x60 garage features two 14-foot overhead doors, a concrete floor, employee restroom, and a 450 sq ft attached office. Above the garage is a 780 sq ft apartment with a screened porch. Additionally, a modern 3-bay garage (3,800 sq ft) boasts 16-foot ceilings and three 14-foot high drive-in overhead doors. A new pre-engineered steel building is planned for construction. Ample paved parking is available. The property also includes a 1,596 sq ft updated ranch-style home with three bedrooms, two bathrooms, and a detached two-car garage. Both residential units are currently leased month-to-month, providing immediate rental income. The industrial buildings offer a 16-ton floor load capacity. This multifaceted property presents a compelling investment opportunity with significant potential for growth and return. The combination of industrial space and income-producing residential units creates a diversified and attractive investment portfolio. The I-1 zoning allows for a variety of industrial uses, including truck, auto, and equipment repair, or other related businesses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.1978
    Latitude
    41.5207
    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
    2021
    $0.00
    $49,600
    $42,400
    $92,000
    -
    $118,070
    $100,930
    $219,000
    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