This exceptional 6,236-square-foot industrial building is situated on a 0.71-acre lot at 5153 Route 9W in Newburgh, New York, 12550. Categorized as a distribution, manufacturing, and warehouse space, this single-tenant property offers a compelling investment opportunity with a list price of $1,100,000 ($176.40/sq ft). The property benefits from a highly desirable location, providing convenient access to major transportation arteries including Interstates 84 and 87, as well as NYS Routes 17K and 300, and the Newburgh-Beacon Bridge. Furthermore, its proximity to Stewart International Airport (15 minutes away) enhances its logistical advantages. The building's versatile nature makes it suitable for a variety of industrial uses. The lease type is NNN. This property presents a strong investment prospect due to its strategic location and functional design, offering significant potential for growth and return. The property is located in Orange County, New York.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,302,524
Hospitality
$1,193,105
Educational
$992,649
Medical
$1,026,788
Retail
$1,544,121
Location Insight
City
Newburgh
County
Orange
State
New York
Latitude
41.5356
Longitude
-74.0146
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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