120 Bracken Rd, Montgomery, NY 12549
This exceptional 1,485 square foot industrial property, situated on a 0.75-acre lot at 120 Bracken Rd, Montgomery, NY, presents a remarkable investment opportunity. Ideally located in Montgomery's Industrial 1 zoning district, this building offers unparalleled versatility, accommodating a wide array of business uses. Permitted uses include, but are not limited to, business offices, professional services, utility companies, personal service shops, retail stores, food service establishments, animal hospitals/boarding facilities, and non-intensive warehouse operations. Its strategic location provides exceptional accessibility, with proximity to major highways such as Interstate 84, Route 17K, and Route 208. Furthermore, its convenient 20-minute drive to Stewart International Airport makes it particularly attractive for businesses requiring regional or international connectivity. The property's significant potential is further enhanced by a proposed expansion plan, adding over 6,700 square feet of additional space. This presents an unparalleled chance to establish or significantly expand a business in a thriving and rapidly developing area. The asking price for this exceptional property is $599,999. Don't miss this chance to secure a prime location with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Montgomery, NYMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.