931 Dutchess Tpke Arlington, NY 12603
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.