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Property profile & analytics

8 Ibm Rd Poughkeepsie, NY 12601

  • Investment properties
  • 1,700 SF
  • 0.28 lot acres
Value Estimations
Cap Rate Potential
7.3%
Investment properties
Location Intelligence
Property ID
US63-3128123
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

  • Investment properties

Property Details for 8 Ibm Rd

Year built
1951
Lot size
0.28 lot acres
Property size
1,700 SF
Zone code
BN
Property type
Investment properties
Property subtype
Retail residential properties
APN
134689 6160-03-015172-0000
APU
9223372036854775807

Description

This exceptional 1,700-square-foot commercial building is available for sale at $595,000, representing a price per square foot of $350. Located at 8 IBM Road in Poughkeepsie, New York, 12601, this property enjoys a prime location on the southwest corner of IBM Road and Rosewood Road. The building is currently vacant and offers significant potential for a variety of uses, including medical, office, and service-oriented businesses. Its B-N zoning designation within the Business District allows for a range of commercial activities. The property boasts excellent highway visibility from US Route 9, benefiting from high traffic counts. Conveniently situated, it's just seven minutes from the Mid-Hudson Bridge and eighteen minutes from Interstate 84, providing easy access to major transportation routes. The 0.28-acre lot includes ample on-site parking. This is a rare opportunity to acquire a well-located commercial property with strong potential for growth and return on investment. The building's size and location make it an ideal investment for entrepreneurs and businesses seeking a high-traffic, easily accessible location in a thriving area. The property is offered as a Net Net Net (NNN) lease.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $285,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $345,000
    6.5%
    $320,000
    7%
    $295,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $223,000
    Market price range: $91.4k - $224k
    AI Estimate
    $188,000
    Market price range: $67.6k - $189k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Poughkeepsie
County
Dutchess
State
New York
Longitude
-73.9299
Latitude
41.651
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
2020
$15,927
$147,100
$79,900
$227,000
-
$147,100
$79,900
$227,000
More about this property
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