Property summary
This exceptional 4.58-acre commercial and industrial development site is ideally situated at 51 Vassar Road in Poughkeepsie, New York, 12603. Boasting 237 feet of frontage on Vassar Road, this property offers unparalleled potential for a wide range of commercial ventures. Its convenient location provides easy access to US Route 9, placing it just eight minutes away from a major transportation artery. The zoning regulations permit a diverse array of uses, including retail spaces, office buildings, service businesses, restaurants, banks, post offices, health clubs, and laundromats, among other possibilities. This presents a unique opportunity for developers seeking a versatile and strategically located parcel in a thriving area. The asking price for this prime development land is $599,000. The property's size and zoning flexibility make it an attractive investment for those looking to capitalize on the growing commercial landscape of Poughkeepsie, within Dutchess County. Serious inquiries are encouraged to explore the full potential of this exceptional offering.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district defines the commercial hamlet center at Red Oaks Mills. The uses within this district are intended to provide convenient shopping facilities of sufficient variety to supply the daily requirements of adjacen…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
ROMNSC · Poughkeepsie, NYThis district defines the commercial hamlet center at Red Oaks Mills. The uses within this district are intended to provide convenient shopping facilities of sufficient variety to supply the daily requirements of adjacen…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district defines the commercial hamlet center at Red Oaks Mills. The uses within this district are intended to provide convenient shopping facilities of sufficient variety to supply the daily requirements of adjacen…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ROMNSC in Poughkeepsie, NY.
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