661 Dutchess TpkePoughkeepsie, NY 12603
- Investment properties
- 2,980 SF
Property Details for 661 Dutchess Tpke
- Year built
- 1984
- Lot size
- 0.68 AC
- Property size (Sq ft)
- 2,980 SF
- Zone code
- BSC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 134689 6261-01-119864-0000
- APU
- 9223372036854775807
Description
This exceptional 1,500-square-foot office space is available for lease in a prime Poughkeepsie, NY location at 661 Dutchess Turnpike. Situated on the northwest corner of U.S. Route 44 and Burnett Boulevard, this property benefits from exceptional visibility and high traffic counts. The space is offered as a net lease. The building is currently under construction. This location boasts prominent co-tenancy with national and regional retailers, including Adams Fairacre Farms, CVS, Verizon, and Starbucks, ensuring a steady flow of potential customers and high foot traffic. The area also enjoys proximity to significant government offices, including the NYS DOT Region 8 Offices and Town of Poughkeepsie Government Offices. This makes it an ideal location for businesses seeking high visibility and convenient access to a diverse customer base and government services. The property's address is 661 Dutchess Turnpike, Poughkeepsie, NY 12603, located in Dutchess County. The property is currently under construction. This is a fantastic opportunity for businesses seeking a well-located, high-traffic office space in a thriving commercial area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $674,268
- 6.5%
- $622,401
- 7%
- $577,944
-
Comparable approach
- Method
- Valuation
- Relative Method
- $604,336
- Geo Method
- $603,519
-
Alternative Use
- Use
- Valuation
- Residential
- $622,401
- Hospitality
- $570,116
- Educational
- $474,330
- Medical
- $490,643
- Retail
- $737,847
Location Insight
- City
- Poughkeepsie
- County
- Dutchess
- State
- New York
- Latitude
- 41.6974
- Longitude
- -73.889
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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