This exceptional 6-acre development site presents a prime opportunity for investors seeking high-visibility commercial development in Middletown, New York. Strategically located at 250 Dolson Ave, this property boasts unparalleled access to Interstate 84, a major transportation artery, with the I-84 ramp just 0.6 miles (2 minutes) away. Its location also provides convenient access to NYS Route 17M, County Route 56 (1.1 miles, 3 minutes), and County Route 78 (1.6 miles, 3 minutes). The site comprises three contiguous parcels, offering flexibility for various development plans. The property benefits from readily available municipal water, sewer, gas, and central utilities, simplifying the development process. This densely populated area sees a significant daily traffic count of 39,699 vehicles, ensuring high visibility and potential customer reach. The site is surrounded by a robust mix of established businesses, including major retailers such as ShopRite, McDonald's, IHOP, Walgreens, Wendy's, Taco Bell, and Quizno's, as well as several auto retailers like Compass Motors, Johnston's Subaru, Friendly Acura, and Healey Chevrolet. This location offers a unique blend of accessibility, high traffic volume, and established commercial presence, making it an ideal location for a variety of commercial ventures. The property's size and location make it an attractive investment opportunity with significant potential for future growth and return.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$8,729,244
Hospitality
$7,995,941
Educational
$6,652,529
Medical
$6,881,320
Retail
$10,348,378
Location Insight
City
Middletown
County
Orange
State
New York
Latitude
41.4235
Longitude
-74.4298
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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