5316 Route 9W Newburgh, NY 12550
- Investment properties
- 1,588 SF
- 1.30 lot acres
Current Use by Public Records
- Del's Deli / Deli
- LibertyX Bitcoin ATM / Atm
- ATM / Atm / Cars
- Western Union / Money Transfer Service
Property Details for 5316 Route 9W
- Year built
- 1970
- Lot size
- 1.30 lot acres
- Property size
- 1,588 SF
- Zone code
- 04 - FARM
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 334600 20-2-5.21
- APU
- 334600202521
Description
This 1.3-acre commercial/industrial property in Orange County, NY, offers significant development potential. Currently featuring a 1,600 sq ft building (suitable for repurposing or demolition), the site boasts 206 feet of frontage on Route 9W, with an average daily traffic count of 20,000 vehicles. The B/LHI zoning allows for diverse uses including retail, restaurants, offices, banks, dispensaries, motor vehicle businesses (gas station, repair, car wash), hotels, motels, and daycare facilities. The property includes 40 parking spaces and is conveniently located 3 miles north of the Newburgh/Beacon Bridge. A portion of the land is currently leased for truck parking, offering an additional income stream for a potential buyer. The area is experiencing growth, with numerous nearby apartment complexes and further development planned. A recently constructed U-Haul storage facility across the street further underscores the area's commercial viability. This property presents a unique opportunity for investors and developers seeking a high-traffic location with flexible zoning and substantial development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0034
- Latitude
- 41.5574
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
