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Property profile & analytics
OFF-MARKET
Industrial land

230 Neelytown N Rd Montgomery, NY 12549-2852

1,079 SF 63 ac lot Built 1970
Entity Owned 3-yr Hold
Property ID
US63-2499851
Property summary
AI-generated overview

This exceptional industrial property, located at 230B Neelytown North Road in Hamptonburgh, New York, presents a unique opportunity for a single-tenant manufacturing operation. The expansive 245,000 square foot warehouse facility is currently vacant and ready for immediate occupancy. Situated on a substantial 62.96-acre lot, this property offers ample space for both building expansion and outdoor storage or operations. The building boasts a generous 30-foot clear ceiling height, providing significant vertical capacity for various manufacturing processes and equipment. Power is robust, featuring a 2000A 3-phase 277/480V service, ensuring sufficient electrical capacity for demanding industrial applications. The property's location in Orange County, New York, provides convenient access to major transportation routes, facilitating efficient logistics and distribution. This is a rare opportunity to acquire a large-scale, ready-to-occupy manufacturing facility in a desirable location. The property is currently under construction, offering the chance to customize aspects of the space to meet specific operational needs. The zip code is 12549. This property is ideal for businesses seeking a significant footprint in a strategically advantageous location.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1970
Total area 1,079 SF
Lot 63 ac (2,744,280 SF)
Zoning code I
APN 333489 1-1-6.2
UPID US63-2499851
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lgp Capital Neelytown LLC · 3 yrs held
Lgp Capital Neelytown LLC
since 2023
Last sale
$267,000
4 recorded transactions
2023
Price N/A
2023
$300,000
2020
$267,000
1969
Price N/A
Zoning & alternative use
I · Montgomery, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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