265 Orange TpkeSloatsburg, NY 10974

Property Details for 265 Orange Tpke

Year built

1975

Lot size

1.00 AC

Property size (Sq ft)

6,030 SF

Zone code

05 - COMMERCIAL

Property type

Automotive properties

APN

392603 29.52-1-1

APU

392603295211

Description

This exceptional 5.1-acre commercial property presents a unique investment opportunity. Located at 265 Orange Turnpike (Route 17), this strategically positioned land boasts over 700 feet of prominent frontage along a major thoroughfare, offering unparalleled visibility and accessibility. The property straddles the Sloatsburg and Tuxedo town lines, falling within the MU1 and MU-1 zoning districts respectively. Its convenient location is just 3.6 miles from Route 287, providing easy access to major transportation arteries. The expansive 10,300 square foot area offers significant development potential. Detailed information regarding potential multi-family development is available in the attached documents. Note that the villages are currently working on zoning modifications, which may impact future development plans. This prime location and substantial acreage make this property ideal for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities and review the comprehensive development information provided. The asking price is $2,499,000. Don't miss this chance to acquire a highly visible and strategically located commercial property with significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,617,114

  6.5%

  $1,492,721

  7%

  $1,386,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,988,140

  Geo Method

  $1,985,457

• Alternative Use

  Use

  Valuation

  Residential

  $1,259,166

  Hospitality

  $1,153,389

  Educational

  $959,606

  Medical

  $992,609

  Retail

  $1,492,721

Location Insight

City

Sloatsburg

County

Rockland

State

New York

Latitude

41.1768

Longitude

-74.188

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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