Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    511 Schutt Rd Ext Middletown, NY 10940-2569

    • Grocery and convenience stores
    • 62,400 SF
    • 5.10 lot acres
    OFF-MARKET
    Value Estimation
    $690,000
    Location Intelligence
    Property ID
    US63-0998751
    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

    • Price Chopper Pharmacy / Pharmacy / Drug Store
    • Redbox / Movie Rental Store / Movie Rental Kiosk
    • Price Chopper / Butcher Shop Deli / Deli
    • Western Union / Money Transfer Service
    • Coinstar / Money Transfer Service

    Property Details for 511 Schutt Rd Ext

    Year built
    1992
    Lot size
    5.10 lot acres
    Property size
    62,400 SF
    Zone code
    TC
    Property type
    Grocery and convenience stores
    APN
    335200 50-2-57
    APU
    33520050257

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $725,000
      6.5%
      $740,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $695,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $585,000
      Retail
      $680,000
      Mixed-Use
      $730,000
      Hospitality
      $765,000
      Educational
      $775,000
      Residential Income
      $590,000
      Energy
      $695,000
      Income-Based Land
      $645,000
      Food Service
      $660,000

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange
    State
    New York
    Longitude
    -74.3826
    Latitude
    41.4502
    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
    2021
    $0.00
    $102,000
    $1,106,500
    $1,208,500
    -
    $703,450
    $7,631,050
    $8,334,500

    Comparable in this City

    • Value Estimation by Request
      21,556 SF

      130 Dolson Ave

      GROCERY, SUPERMARKET • 21,556 SF
      130 Dolson Ave, Middletown, NY 10940-6563
      View Details
    • Value Estimation by Request
      0.18 Acres

      123 Nn St

      GROCERY, SUPERMARKET • 0.18 Acres
      123 Nn St, Middletown, NY 10940-4817
      View Details
    • Value Estimation
      $420,000
      1.60 Acres

      50 Fulton St, Unit 58

      GROCERY, SUPERMARKET • 1.60 Acres
      50 Fulton St, Middletown, NY 10940-6339
      View Details
    • Value Estimation by Request
      1.06 Acres

      77 Wisner Ave, Unit 83

      SHOW ROOM, WAREHOUSE • 1.06 Acres
      77 Wisner Ave, Middletown, NY 10940-3618
      View Details
    • Value Estimation by Request
      2,176 SF

      216 Commonwealth Ave

      SHOW ROOM, WAREHOUSE • 2,176 SF
      216 Commonwealth Ave, Middletown, NY 10940-4406
      View Details
    • Value Estimation
      $410,000
      4,857 SF

      33 Trust Way

      FINANCIAL BUILDING • 4,857 SF
      33 Trust Way, Middletown, NY 10940
      View Details

    Similar Nearby for Sale

    • $1,050,000
      Pending

      Middletown Gas Station Redevelopment Opportunity

      Gas station and convenience store redevelopment opportunity in Middletown, NY.
      18 County Highway 78, Middletown, NY 10940
      View Details
    • $2,400,000

      Downtown Middletown Investment Opportunity

      Fully occupied retail and restaurant spaces in downtown Middletown.
      22 Railroad Ave, Middletown, NY 10940
      View Details
    • $130,000
      900 SF

      Established Dry Cleaning Business Opportunity

      Turnkey dry cleaning business with loyal customer base in Middletown.
      125 Dolson Ave, Middletown, NY 10940
      View Details
    • $1,650,000

      Versatile Commercial Space with Warehouses

      Four buildings totaling approximately 25,000 SF on 1.63 acres.
      24 Sands Station Rd, Middletown, NY 10940
      View Details
    • New
      $2,550,000
      0.17 Acres

      Updated Mixed-Use Building For Sale

      Renovated mixed-use building with apartments and retail in Middletown, NY.
      104 North St, Middletown, NY 10940
      View Details
    • $799,999

      Middletown Retail/Warehouse Opportunity

      Highly visible building in Middletown, close to major highways.
      40 Dolson Ave, Middletown, NY 10940
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo
      2,157 SF

      Versatile Rental Space in Middletown

      Adaptable space near highways and retail, ideal for business.
      22 John St, Middletown, NY 10940
      View Details
    • $12 SF/Yr
      8,500 SF

      Retail Space on Route 211

      8,500 SF retail space with great visibility.
      341 Route 211 E, Middletown, NY 10940
      View Details
    • $8 SF/Yr
      4,970 SF

      Retail Space in Middletown, NY

      Retail space available in a busy, booming Middletown location.
      39 Railroad Ave, Middletown, NY 10940
      View Details
    • $2,900 /Mo
      3,000 SF

      Prime Retail Space, Middletown, NY

      Highly visible retail space in the heart of Downtown Middletown.
      26 W Main St, Middletown, NY 10940
      View Details
    • $21 SF/Yr
      3,150 SF

      Retail Space in Middletown, NY

      Retail space available for lease in Middletown, New York.
      333 Route 211 E, Middletown, NY 10940
      View Details
    • $5,000 /Mo
      43,560 SF

      Middletown Commercial Space Available

      High-visibility commercial space available for lease or purchase in Middletown.
      357 E Main St, Middletown, NY 10940
      View Details

    Property Visit Statistics

    • Visits by month
      43.4k
    • Visitors by month
      25.2k
    • Avg Time on site
      26 min
    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.
    511 Schutt Rd Ext
    Middletown, NY 10940-2569
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.