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Property profile & analytics
OFF-MARKET
Commercial land

2201 State Rte 208 Montgomery, NY 12549-2220

6.7 ac lot
Individually Owned 24-yr Hold Free & Clear
Property ID
US63-3911606
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Phyllis C Brescia · 24 yrs held
Phyllis C Brescia
since 2001
1 recorded transaction
2001
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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