Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24 Sprout Creek Ct Wappingers Falls, NY 12590
    Property profile & analytics

    24 Sprout Creek Ct, Wappingers Falls, NY 12590

    View on Map
    • Distribution centers
    • 9,943 SF
    • 1.01 lot acres
    For Lease
    $15 SF/Yr
    View Listing →
    Wappingers Falls Flex/Industrial Space For Lease
    $15 SF/Yr
    3,132 SF

    Wappingers Falls Flex/Industrial Space

    Flex/industrial space available for lease in Wappingers Falls, NY.

    24 Sprout Creek Ct, Wappingers Falls, NY
    View Listing
    Property ID
    US63-6073823
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $635,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DTQ Data Systems / Production Facility
    • Imaginearth Inc / Food Processing Plant / Factory
    • NaturaLawn of America / Landscaping

    Property Details for 24 Sprout Creek Ct

    Year built
    2007
    Lot size
    1.01 lot acres
    Zone code
    I3
    Property type
    Distribution centers
    APN
    132800 6358-02-506541-0000
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $430,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $649,000
      Market price range: $640k - $1.54M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.8391
    Latitude
    41.6059
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $21,442
    $400,000
    $300,000
    $700,000
    -
    $400,000
    $300,000
    $700,000

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      12 Vellano Dr

      DISTRIBUTION WAREHOUSE
      12 Vellano Dr, Wappingers Falls, NY 12590
      View Details
    • Value Estimation
      $2,265,000
      19,200 SF

      1496 Rte 9d

      DISTRIBUTION WAREHOUSE
      1496 Rte 9d, Wappingers Falls, NY 12590-7111
      View Details
    • Value Estimation
      $865,000
      15,120 SF

      33 Mckinley St

      DISTRIBUTION WAREHOUSE
      33 Mckinley St, Wappingers Falls, NY 12590-2300
      View Details
    • Value Estimation
      $905,000
      9,900 SF

      30 Airport Dr

      DISTRIBUTION WAREHOUSE
      30 Airport Dr, Wappingers Falls, NY 12590-6164
      View Details
    • Value Estimation by Request
      4,000 SF

      2785 Main St

      TRUCK TERMINAL (MOTOR FREIGHT)
      2785 Main St, Wappingers Falls, NY 12590-1576
      View Details
    • Value Estimation by Request
      1,848 SF

      298 New Hackensack Rd

      TRUCK TERMINAL (MOTOR FREIGHT)
      298 New Hackensack Rd, Wappingers Falls, NY 12590
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Wappingers Falls Commercial Land

      2.46 acres zoned Highway Business, suitable for various uses.
      Stage Door Rd, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      25,340 SF

      Self-Storage and Industrial Property

      Self-storage and industrial property with expansion potential in Wappingers Falls.
      1190 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      10,858 SF

      Wappingers Falls Investment Property

      Mixed-use investment property featuring apartments, garages, and an office.
      7-13 Delavergne Ave, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing

      Wappingers Falls Storage Investment Opportunity

      Self-storage facility with expansion potential in a prime location.
      1190 Route 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing

      Stabilized Self-Storage Facility on Route 9

      Value-add self-storage facility in Wappingers Falls, NY, 99% occupied.
      1190 S 9, Wappingers Falls, NY 12590
      View Details
    • $325,000

      Industrial Condo Near Hudson Valley Airport

      Multi-unit industrial condo building near Hudson Valley Airport, built in 2006.
      72 Airport Dr, Wappingers Falls, NY 12590
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,132 SF

      Wappingers Falls Flex/Industrial Space

      Flex/industrial space available for lease in Wappingers Falls, NY.
      24 Sprout Creek Ct, Wappingers Falls, NY 12590
      View Details
    • $1,979 /Mo

      Versatile Commercial Storefront in Wappingers

      Adaptable commercial space ideal for various businesses in Wappingers Falls.
      10 Market St, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space in Prime Location

      Retail space available in a shopping center with ample parking.
      1490 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      666 SF

      Retail/Office Space on Route 9

      Retail or office space for rent in Wappingers Falls.
      1562 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      364 SF

      Wappingers Falls Office Space Available

      Office space for rent on Route 9 in Wappingers Falls.
      1564 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      22,198 SF

      Retail Space in Wappingers Falls

      58,678 SF shopping center with high visibility.
      1701 Us Highway 9, Wappingers Falls, NY 12590
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Sprout Creek Ct
    Wappingers Falls, NY 12590
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24 Sprout Creek Ct, Wappingers Falls, NY, 12590
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!