7 Mt Prosper RdWurtsboro, NY 12790

  • Specialty properties
  • 62.96 AC
For Sale
$499,000 View listing

Property Details for 7 Mt Prosper Rd

Lot size
62.96 AC
Zone code
RAG1
Property type
Specialty properties
APN
484089 48.-1-33
APU
48408948133

Description

This exceptional 72.96-acre property presents a rare investment opportunity, ideally positioned at Exit 112 of Route 17, soon to be I-86. The strategic location offers unparalleled visibility and accessibility. The land boasts a unique zoning configuration, maximizing development potential. Approximately 62 acres are designated Interchange Commercial, providing the ideal site for a variety of commercial ventures. This section represents the Town of Mamakating's premier opportunity for significant commercial development, given its proximity to the interstate. The remaining acreage, a separate 10-acre parcel situated further uphill, is zoned Mountain Greenbelt, allowing for the creation of residential lots of 10 acres or more, presenting an additional revenue stream or potential for future expansion. The combined zoning allows for a mixed-use development, offering flexibility and diverse investment options. The scarcity of available land at interstate exits makes this a truly exceptional opportunity for developers seeking a high-impact location with significant growth potential. This property offers a unique blend of commercial and residential zoning, providing a rare combination of immediate development potential and long-term investment value. Don't miss this chance to acquire a substantial parcel of land in a prime location with exceptional future prospects. The asking price is $499,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $779,813,824
    Hospitality
    $714,305,280
    Educational
    $594,293,568
    Medical
    $614,732,288
    Retail
    $924,456,704

Location Insight

City
Wurtsboro
County
Sullivan
State
New York
Latitude
41.5842
Longitude
-74.5144

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$57,700
-
$57,700
-
$153,867
-
$153,867

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