1598 Columbia Tpke, Castleton, NY 12033-9548
This exceptional 7.42-acre commercial land parcel presents a unique investment opportunity in Castleton-on-Hudson, NY. Located at 1598 Columbia Turnpike, this property boasts nearly 600 feet of road frontage, providing excellent visibility and accessibility for a wide range of commercial ventures. The zoning allows for commercial development, making it ideal for businesses seeking a prominent location. The property's convenient access to I-90/787 and other major highways ensures easy transportation and connectivity. While the property currently includes a 2200 square foot building, it is in need of significant rehabilitation or removal, offering flexibility for future development plans. Interestingly, the current lot is a result of combining two separate parcels in the 1990s; therefore, the possibility of subdividing the land into smaller, individual parcels exists. The asking price for this expansive commercial land is $390,000. Detailed documentation is available upon request, providing further insights into the property's potential and development possibilities. This is a rare opportunity to acquire a substantial commercial property in a highly desirable location with excellent infrastructure access. Don't miss out on this chance to build your business in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
HC · Castleton, NYCastleton. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.