Property profile & analytics
88 Plank Rd Newburgh, NY 12550-1739
- Grocery and convenience stores
- 53,395 SF
- 5.50 lot acres
OFF-MARKET
Last Sale
Jul 15, 2022
Jul 15, 2022
$4,100,000
Value Estimations
$4,625,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-4834756
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
- Green Garden / Restaurant
- Domino's Pizza / Take-out & Catering
- Ocean State Job Lot / Discount Store
- V N Nails & Spa / Nail Salon
- Subway / Take-out & Catering
Property Details for 88 Plank Rd
- Year built
- 1997
- Lot size
- 5.50 lot acres
- Property size
- 53,395 SF
- Zone code
- 4
- Property type
- Grocery and convenience stores
- APN
- 334600 77-2-2.1
- APU
- 33460077221
Description
This exceptional retail opportunity is located at 88 N Plank Rd in Balmville, New York, within Orange County. The property is a shopping center totaling 49,976 square feet, currently featuring one suite available for lease. This particular space offers 1,500 square feet of versatile retail space, ideal for a variety of businesses. The address is conveniently situated in the vibrant Balmville area, offering excellent visibility and accessibility for customers. The property's location within a larger shopping center provides potential for synergistic benefits and increased foot traffic. The building's overall size and single-suite vacancy suggest a well-established and potentially thriving retail environment. This presents a unique chance to establish or expand a business in a desirable location with existing infrastructure. The property is zoned for retail use and is ready for immediate occupancy. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The zip code is 12550, and the property is situated at latitude 41.5279242 and longitude -74.0328706. This is a single-tenant space within a larger multi-tenant building.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,115,000
- ML approach
- $4,590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,224,000
Market price range: $5.22M - $13.8M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0331
- Latitude
- 41.5277
- 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
2021
$0.00
$429,000
$583,700
$1,012,700
-
$1,987,032
$2,703,568
$4,690,600
