454 Hurley Ave, Hurley, NY 12443-5121
This exceptional 0.93-acre commercial lot, located at 454 Hurley Ave in Hurley, NY, presents a unique opportunity for entrepreneurs and developers. Boasting 205 feet of road frontage on Hurley Avenue, this highly visible property offers unparalleled exposure to significant traffic flow. Previously a Citgo gas station, the site has undergone complete environmental remediation, with all underground storage tanks removed and cleaned. The property is zoned OM, allowing for a wide range of commercial uses, including gas stations, heavy commercial operations, banks, retail establishments, cafes, fast-food restaurants, and multi-family dwellings – most uses are permitted by right, eliminating the need for special use permits. This presents a significant advantage over properties requiring extensive renovations or demolition. The lot's strategic location is further enhanced by its proximity to a major redevelopment project at the former high school, recently sold for approximately $3 million. This neighboring development will generate substantial traffic, creating a prime location for new businesses. The property allows for construction up to seven stories high, and includes a large existing sign ready for immediate branding. Annual property taxes are $8,500. An existing office trailer is situated on the property and will be removed upon sale. Two curb cuts are already in place, simplifying the development process. Don't miss this chance to establish your business in a thriving location for under a million dollars.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
37 · Hurley, NYHurley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.