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1574 Route 52 - Self-Storage Development Site 2.8 Acres of Commercial Land Offered at $5,495,000 in Fishkill, NY 12524
INVESTMENT HIGHLIGHTS
- Prime location: 1570 Route 52, Fishkill, NY – excellent visibility and access from Route 52 & HWY 82
- Market strength: area competitors 83–95% occupied; strong rental rates and limited new supply
- Development plan: 2.8-acre parcel; ±97,000 RSF multi-story, climate-controlled class a facility
- High demand: underserved for climate controlled storage despite modest overall oversupply
EXECUTIVE SUMMARY
Lee & Associates NYC, as exclusive broker, is pleased to present the self-storage development opportunity located at 1570 Route 52, Fishkill, New York (the “Property”). Featuring approximately 2.8 acres of land, the Property has been approved for two phases of development for self-storage: Phase 1 contains a 2.5 story building with approximately 97,275 gross square feet while Phase 2 contains approximately 18,150 gross square feet. The site is located at the merge of Routes 52 and 82, near the major traffic interchange of Route 9 and I-84 with robust demand from the surrounding Hudson Valley and Duchess County area. A partial foundation is already in place, and the Property represents the opportunity for a developer to build just over 800 self-storage units in a highly traffic market with only one other existing self-storage facility within a 5 mile radius.
PROPERTY FACTS
| Price | $5,495,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 2.80 AC |
| Zoning | GB | ||
| Price | $5,495,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.80 AC |
| Zoning | GB |
1 LOT AVAILABLE
Lot
| Price | $5,495,000 | Lot Size | 2.80 AC |
| Price Per AC | $1,962,500.00 |
| Price | $5,495,000 |
| Price Per AC | $1,962,500.00 |
| Lot Size | 2.80 AC |
1 1
PROPERTY TAXES
| Parcel Number | 133089-6256-04-689291-0000 | Improvements Assessment | $0 |
| Land Assessment | $80,000 | Total Assessment | $80,000 |
PROPERTY TAXES
Parcel Number
133089-6256-04-689291-0000
Land Assessment
$80,000
Improvements Assessment
$0
Total Assessment
$80,000
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1574 Route 52 - Self-Storage Development Site
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