170 Saw Ml Riv Rd, Hawthorne, NY 10532-1505
This exceptional commercial property at 170 Saw Mill River Road, Hawthorne, NY 10532, presents a unique investment opportunity. The 39,997 square foot lot houses a 1,000 square foot former fuel and service station building, currently vacant and ready for redevelopment. The building features two drive-in auto bays and space suitable for a convenience store, previously equipped with four fuel pumps (tanks have been removed). The property benefits from a highly desirable C-RB (Highway Commercial Retail Zone) zoning designation, allowing for a variety of commercial uses. Annual property taxes are $36,107. This location boasts exceptional visibility and high traffic volume, averaging 18,750 cars daily on Route 9A (Saw Mill River Road). The property's strategic position is further enhanced by the proximity to a newly constructed 153,062-square-foot warehouse across the street, occupied by Amazon, and a nearby Audi dealership. This presents a compelling opportunity for investors seeking a high-traffic location with significant redevelopment potential in a thriving commercial area. The property is situated in Westchester County and offers excellent access to major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.