1978 South Rd, Poughkeepsie, NY 12601
This 1,600 square foot commercial building is ideally situated on US Route 9 in Poughkeepsie, NY, offering excellent visibility and accessibility. Located at 1978 South Road, zip code 12601, this vacant Class C office space presents a unique investment opportunity. The property sits on a 0.34-acre lot and benefits from a high daily traffic count of nearly 50,000 vehicles, placing it in close proximity to major shopping destinations such as the Poughkeepsie Galleria, South Hills Mall, and Chestnut Plaza. Its versatile nature allows for various uses, including creative office, medical office, or traditional office space. The asking price is $550,000, translating to $343.75 per square foot. The property's strategic location provides easy access to significant demand generators, including IBM, the Culinary Institute of America, Vassar College, Marist College, the Walkway Over the Hudson, and the Samuel F.B. Morse Historic Mansion. This prime location and high traffic volume make this property an attractive investment for a wide range of businesses. The building is currently vacant, providing immediate occupancy for the new owner. This presents a chance to establish a presence in a thriving commercial area with strong potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.