Property profile

2294 State Rte 208 Montgomery, NY 12549

OFF-MARKET
Other investment properties
Property ID
US63-1495441
8,532 SF 1.5 ac lot Built 2001
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

A fully occupied 8-unit strip mall on a 1.5-acre site in Montgomery, New York (Orange County), zoned OB. The property includes a combination of commercial spaces and one 2-bedroom residential apartment with a 2-car garage, and each unit has separate utilities. Tenant uses historically include a dog grooming service, an insurance agency, a hair salon, and a home health care company. The site provides off-street parking and is positioned for roadway visibility, with frontage/positioning along a heavily traveled corridor near Route 17K and I-84.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2001
Total area 8,532 SF
Lot 1.5 ac (65,340 SF)
Zoning code OB
APN 334289 20-1-56.22
UPID US63-1495441

Cap rate & NOI

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

Location

2294 State Rte 208 Montgomery, NY 12549-2217
Montgomery metro Census 10802 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
$1.15M
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2026
Last sale
$975,000
5 recorded transactions
2026
$950,000
2020
$975,000
2013
$62,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OB · Montgomery, NY
Top alternative use upside
Retail stores $1.8M +17.4%
Office building $1.6M +8.3%

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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