Technical
Financial
Distress signals
Property profile

2201 State Rte 208 Montgomery, NY 12549

OFF-MARKET
Commercial land
Property ID
US63-3911606
6.7 ac lot
Individually Owned 24-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6.7-acre vacant land parcel, located at 2201 State Route 208 in Montgomery, New York, presents a remarkable opportunity for commercial development. Priced at $175,000, this property boasts a substantial 291,852 square feet and is zoned B4 Highway Commercial, offering a wide array of permitted uses. Ideal for businesses seeking high visibility and convenient access, the site allows for a diverse range of developments, including retail, office, restaurant, bank, tavern, fitness center, hotel, shopping center, warehouse, and contractor storage or equipment yards. Its strategic location provides excellent exposure and proximity to major transportation arteries such as Route 17K, I-84, and the New York State Thruway, ensuring easy accessibility for customers and employees. Furthermore, its central position near the villages of Montgomery, Maybrook, and Walden enhances its appeal and potential for attracting a broad customer base. This prime commercial land presents a unique investment opportunity with significant growth potential in a thriving area. The property's size and zoning regulations provide ample flexibility for a variety of commercial ventures, making it an attractive proposition for developers and investors alike. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly developing region. The zip code is 12549.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.7 ac (291,852 SF)
APN 334289 30-1-7
UPID US63-3911606

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2201 State Rte 208 Montgomery, NY 12549-2220
Montgomery metro Census 10801 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2001
1 recorded transaction
2001
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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