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Property profile & analytics
OFF-MARKET
Investment properties

740 Southwoods Dr Monticello, NY 12701

1,812 SF 1 ac lot Built 1989
Entity Owned 4-yr Hold Free & Clear
Property ID
US63-1687557
Property summary
AI-generated overview

This exceptional mixed-use property, located at 740 Southwoods Drive in Monticello, NY, 12701, presents a unique investment opportunity. Situated on a 2.2-acre lot with Highway Commercial zoning, this property boasts two buildings offering a diverse range of spaces. The main building features a 1,800 square foot house with three bedrooms, two bathrooms, a kitchen, living room, outside patio, and attic. The house includes gas heat and window air conditioning. The property also includes a 3,000 square foot warehouse space. The lower level of the warehouse has windows and 7-foot ceilings, while the ground floor offers 9 to 12-foot ceilings and a drive-in feature. The property benefits from excellent visibility and signage, easy access from Route 17, and proximity to downtown Monticello. Utilities include gas heat, a septic tank, and well water. This versatile property is suitable for a variety of commercial, industrial, and medical office uses, making it an attractive option for investors seeking a multi-faceted investment in Sullivan County, New York. The property's zoning and location offer significant potential for growth and development.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1989
Total area 1,812 SF
Lot 1 ac (43,560 SF)
Zoning code CI
APN 484689 31.-1-80.3
UPID US63-1687557
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kerendian&sons INC · 4 yrs held
Kerendian&sons INC
since 2022
Last sale
$250,000
1 recorded transaction
2022
$250,000
Zoning & alternative use
CI · Monticello, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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