Property summary
This exceptional 72.96-acre property presents a rare investment opportunity, ideally positioned at Exit 112 of Route 17, soon to be I-86. The strategic location offers unparalleled visibility and accessibility. The land boasts a unique zoning configuration, maximizing development potential. Approximately 62 acres are designated Interchange Commercial, providing the ideal site for a variety of commercial ventures. This section represents the Town of Mamakating's premier opportunity for significant commercial development, given its proximity to the interstate. The remaining acreage, a separate 10-acre parcel situated further uphill, is zoned Mountain Greenbelt, allowing for the creation of residential lots of 10 acres or more, presenting an additional revenue stream or potential for future expansion. The combined zoning allows for a mixed-use development, offering flexibility and diverse investment options. The scarcity of available land at interstate exits makes this a truly exceptional opportunity for developers seeking a high-impact location with significant growth potential. This property offers a unique blend of commercial and residential zoning, providing a rare combination of immediate development potential and long-term investment value. Don't miss this chance to acquire a substantial parcel of land in a prime location with exceptional future prospects. The asking price is $499,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 2021Property description
Physical attributes from public recordsZoning & alternative use
RAG1 · Wurtsboro, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning