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Property profile & analytics
FOR SALE
Super regional malls

1105 Route 9 Fishkill, NY 12590

26,334 SF 7.57 ac lot Built 1990
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-2127538
Property summary
AI-generated overview

This exceptional 7.6-acre redevelopment site, located at 1105-1115 Route 9 in Fishkill, NY (Dutchess County, zip code 12590), presents a unique investment opportunity. Currently improved with several buildings totaling 15,934 square feet, the property is zoned HB Highway Business and offers significant potential for redevelopment. The existing structures include a well-maintained, single-story steel-framed building (1990 construction) situated on a level, irregularly shaped parcel. This building, totaling 10,400 square feet, is currently occupied by tenants. An additional 3.7 acres are improved with various structures including multiple year-round canopy structures, greenhouses, graveled outdoor storage areas, truck parking, and contractor yards. The property boasts 162 paved parking spaces and is serviced by municipal gas, a well, and a private subsurface sewage disposal system. This prime location on Route 9's "golden mile" places it within a thriving retail hub, surrounded by numerous retail chains, plazas, office buildings, recreational attractions, hotels, multi-family housing, warehouses, and self-storage facilities. The asking price is $4,000,000, translating to $251.04 per square foot. This property is ideal for investors seeking a high-impact redevelopment project in a densely populated and commercially active area. The existing infrastructure provides a solid foundation for a variety of retail, mixed-use, or other permitted development options.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1990
Total area 26,334 SF
Lot 7.57 ac (329,749 SF)
Zoning code HB
APN 135689 6156-02-664986-0000
UPID US63-2127538
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$572k
Blend (final) Blend
$535k
Owner & transaction history
Carmax Auto Superstor INC · 2 yrs held
Carmax Auto Superstor INC
since 2023
3 recorded transactions
2023
$4.0M
2007
Price N/A
2007
Price N/A
Zoning & alternative use
HB · Fishkill, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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