Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    931 Dutchess Tpke Arlington, NY 12603
    Back to Search
    Property profile & analytics

    931 Dutchess Tpke, Arlington, NY 12603

    View on Map
    • Retail space
    • 1,948 SF
    • 0.50 lot acres
    Off-Market
    Property ID
    US63-2245162
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 931 Dutchess Tpke

    Lot size
    0.50 lot acres
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional commercial property, located at 931 Dutchess Turnpike in Arlington, NY 12603, presents a unique investment opportunity. The 1,948 square foot building sits on a half-acre lot (0.5 acres) and boasts a prime location next to Dutchess County's newest rental community. The property's strategic placement offers high visibility and exposure, with numerous restaurants, retail shops, medical offices, and seasonal entertainment options within easy walking distance. Currently configured as a two-story building, the property is zoned MHC, allowing for both residential and commercial uses. This flexibility allows for a variety of development options, including operating a retail store or restaurant on the first floor with residential space above, or demolishing the existing structure to create a new commercial development. The asking price is $700,000, translating to $359.34 per square foot. This property is an ideal investment for entrepreneurs seeking high visibility and diverse development potential in a thriving community. Don't miss this chance to own a piece of Arlington's vibrant commercial landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Dutchess
    State
    New York
    Longitude
    -73.86623263
    Latitude
    41.70910218

    Comparable in this City

    • $250,000

      Poughkeepsie Retail/Restaurant Opportunity

      Retail storefront/restaurant near Vassar College, partially updated and ready to finish.
      300 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • $225,000
      0.08 Acres

      Poughkeepsie Retail Storefront Opportunity

      Retail storefront/restaurant near Vassar College, partially updated. Seller financing available.
      300 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      14,742 SF

      Freestanding Walgreens Investment Property

      Absolute NNN lease with over 11 years remaining.
      825-827 Dutchess Tpke, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      1,500 SF

      Poughkeepsie Shop Space For Sale

      1,500 SF shop space in Poughkeepsie, NY.
      661 Dutchess Tpke, Poughkeepsie, NY 12603
      View Details

    Similar Nearby for Sale

    • $250,000

      Poughkeepsie Retail/Restaurant Opportunity

      Retail storefront/restaurant near Vassar College, partially updated and ready to finish.
      300 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • $225,000
      0.08 Acres

      Poughkeepsie Retail Storefront Opportunity

      Retail storefront/restaurant near Vassar College, partially updated. Seller financing available.
      300 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      14,742 SF

      Freestanding Walgreens Investment Property

      Absolute NNN lease with over 11 years remaining.
      825-827 Dutchess Tpke, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      1,500 SF

      Poughkeepsie Shop Space For Sale

      1,500 SF shop space in Poughkeepsie, NY.
      661 Dutchess Tpke, Poughkeepsie, NY 12603
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Professional Office/Retail Space Available

      Office/retail suite with U.S. Route 9 access and visibility.
      3 Spackenkill Rd, Poughkeepsie, NY 12603
      View Details
    • $1,875 /Mo
      6,970 SF

      Retail Space in High Exposure

      Retail space in Poughkeepsie, near 44/55, high traffic area.
      511 Haight Ave, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      1,200 SF

      Highly Visible Retail/Office Space

      Retail/office space with high visibility near Vassar College.
      37 Raymond Ave, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing

      Poughkeepsie Retail Space on Route 55

      Small retail space with open floor plan and ADA restroom.
      4 Commerce St, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      1,500 SF

      Poughkeepsie Retail Space For Rent

      1,500 SF shop space in Poughkeepsie, NY.
      661 Dutchess Tpke, Poughkeepsie, NY 12603
      View Details
    • Contact for pricing
      660 SF

      Retail Space in Poughkeepsie

      Retail space available for lease in Poughkeepsie, New York.
      25 Collegeview Ave, Poughkeepsie, NY 12603
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    931 Dutchess Tpke
    Arlington, NY 12603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    931 Dutchess Tpke, Arlington, NY, 12603
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!