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Property profile & analytics
OFF-MARKET
Retail space

931 Dutchess Tpke Arlington, NY 12603

1,948 SF 0.5 ac lot
Property ID
US63-2245162
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Total area 1,948 SF
Lot 0.5 ac (21,780 SF)
UPID US63-2245162
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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