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    Property profile & analytics

    364 Main St Beacon, NY 12508

    • Banks
    • 0.85 lot acres
    For Lease
    View listing
    Last Sale
    Jul 19, 2024
    $1,300,000
    Value Estimations
    $1,300,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-6278038
    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.

    Current Use by Public Records

    • ATM / Atm
    • FedEx Drop Box / Mailing Service
    • Bob Anderson - Citizens Bank, Home Mortgages / Mortgage Lender

    Property Details for 364 Main St

    Lot size
    0.85 lot acres
    Zone code
    CB
    Property type
    Banks
    APN
    130200 6054-29-006819-0000
    APU
    9223372036854775807

    Description

    This exceptional freestanding retail property, located at 364 Main Street in Beacon, New York, presents a unique investment opportunity. The 6,542 square foot building, constructed in 1970, is situated on a 0.54-acre lot and features a single story design. Currently vacant, the entire space is available for lease, offering flexibility for a variety of commercial uses. The property boasts approximately 25 parking spaces and includes a convenient drive-thru, ideal for restaurants or other businesses requiring quick customer access. Concept plans are available for two distinct retail spaces: one measuring 3,267 square feet and another at 3,275 square feet, both with drive-thru capabilities. The property's strategic location between Eliza Street and Fishkill Avenue on Main Street ensures high visibility and accessibility. A full basement provides ample storage space, further enhancing the property's versatility. The property's Dutchess County location (APN: 13020000605400290068190000) offers a thriving market and strong potential for growth. This is a rare opportunity to acquire a well-positioned, versatile commercial property in a desirable location. The minimum divisible space is 3,267 square feet, with a maximum contiguous space of 3,275 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,300,000
      ML approach
      $1,300,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Beacon
    County
    Dutchess
    State
    New York
    Longitude
    -73.9677
    Latitude
    41.5044
    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
    $40,526
    $400,000
    $1,300,000
    $1,700,000
    -
    $400,000
    $1,300,000
    $1,700,000

    Comparable in this City

    • Value Estimation
      $370,000
      5,329 SF

      200 Main St

      FINANCIAL BUILDING • 5,329 SF
      200 Main St, Beacon, NY 12508-2728
      View Details
    • Value Estimation
      $770,000
      4,000 SF

      463 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      463 Main St, Beacon, NY 12508-7306
      View Details
    • Value Estimation
      $370,000
      3,700 SF

      234 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,700 SF
      234 Main St, Beacon, NY 12508-2732
      View Details
    • Value Estimation
      $270,000
      2,460 SF

      89 Dewindt St

      SHOW ROOM, WAREHOUSE • 2,460 SF
      89 Dewindt St, Beacon, NY 12508-3028
      View Details
    • Value Estimation
      $480,000
      0.18 Acres

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      Main St, Beacon, NY 12508
      View Details
    • Value Estimation
      $230,000
      0.17 Acres

      139 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      139 Main St, Beacon, NY 12508-2705
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,421 SF

      Commercial Building in Beacon, NY

      Commercial building for sale near Beacon's retailers and demand generators.
      421 Fishkill Ave, Beacon, NY 12508
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      Mixed-Use Building in Beacon, NY

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      Historic Building on Beacon's Main

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      Profitable Chocolate Shop with Real Estate

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      Beacon Retail Condo - Prime Location

      Downtown Beacon retail space, high visibility, tenant occupied.
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      Beacon Main Street Retail Gem

      High-traffic retail space with upside potential.
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    Similar Nearby for Lease

    • Contact for pricing
      6,542 SF

      Beacon Main Street Retail Opportunity

      Prime Beacon retail space, 6,542 sq ft, drive-thru.
      364 Main St, Beacon, NY 12508
      View Details
    • $1,400 /Mo

      Versatile Mixed-Use Property For Rent

      Two commercial units in high-traffic location, ideal for small business.
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      View Details
    • $6,500 /Mo

      East End Retail/Manufacturing Space

      Over 3000 SF space suitable for retail/manufacturing.
      578 Main St, Beacon, NY 12508
      View Details
    • $24 SF/Yr

      Divisible Commercial Space in Beacon

      Divisible commercial space available in Beacon's Linkage Zone.
      18 W Main St, Beacon, NY 12508
      View Details
    • $1,450,000
      5,360 SF

      Former Dealership Commercial Building

      Former Mitsubishi Dealership available for sale in Beacon, NY.
      409 Fishkill Ave, Beacon, NY 12508
      View Details
    • $1,400 /Mo

      Versatile Mixed-Use Property For Rent

      Two commercial units in high-traffic location, ideal for small business.
      634 Route 52, Beacon, NY 12508
      View Details
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    364 Main St
    Beacon, NY 12508
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    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
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