59 Lanahan Rd Monticello, NY 12701
Property profile & analytics
59 Lanahan Rd Monticello, NY 12701
- Commercial real estate
- 17,457 SF
- 6.04 lot acres
Property ID
US63-0580936
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 59 Lanahan Rd
- Year built
- 1930
- Lot size
- 6.04 lot acres
- Property size
- 17,457 SF
- Zone code
- HC1
- Property type
- Commercial real estate
- APN
- 484689 13.-2-2.3
- APU
- 48468913223
Description
This exceptional 6-acre commercial land parcel, located at 59 Lanahan Road in Monticello, New York, presents a remarkable investment opportunity. Zoned HC-2, this property is ideally situated in the heart of Thompson's bustling business district, offering unparalleled access and visibility. The land boasts convenient access to Interstate 86/Route 17 via Exit 105B, ensuring high traffic flow and easy accessibility for customers and employees. The property features egress access adjacent to a Taco Bell on Route 42, and significant frontage on Lanahan Road, which provides a right turn at the traffic light leading directly to Walmart. This strategic location offers exceptional exposure to a large customer base. The property's HC-2 zoning allows for a diverse range of commercial uses, including hotels, retail establishments, box stores, shopping centers, and restaurants, making it an incredibly versatile investment. The APN is 4689-013-0-0002-002-003 and the ownership is held by Western Sullivan ORE LLC. With its prime location, flexible zoning, and significant size, this property is poised for substantial growth and return on investment. The asking price is $950,000. This is a rare opportunity to acquire a highly desirable commercial property in a thriving market. Don't miss out on this chance to secure a piece of Monticello's vibrant commercial landscape. The zip code is 12701.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,104,000
- AI Estimate
- $1,225,000
Market price range: $763k - $2.04MMarket price range: $766k - $2.17M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,360,000 Current use
- RESTAURANT
- $1,760,000 Change: +29% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,560,000 Change: +14% Conversion: Difficult
- OFFICE BUILDING
- $1,275,000 Change: -6% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monticello
- County
- Sullivan
- State
- New York
- Longitude
- -74.6755
- Latitude
- 41.669
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
$474,100
$29,200
$503,300
-
$948,200
$58,400
$1,006,600
