Elizabeth A. Paone

115 Farm To Market Road, Mechanicville, NY 12118

New - 20 Hours Ago
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Property Description

Attention residential and commercial developers, builders, and/or investors:This is a rare opportunity to acquire one of the largest privately owned developable parcels in the Town of Halfmoon and potentially the only property of its size currently available for purchase. Less than 5 miles to Exit 9 of the Northway (I87).Encompassing approximately 258.23 acres (per tax records), this exceptional property offers more than two miles of road frontage and access to public water and sewer, creating significant development potential. The majority of the property is zoned Agricultural Residential, and with a well designed Planned Development District (PDD), subject to Town approval, the site could support a substantial residential community consisting of hundreds of homes and/or other approved uses. A portion of the property is zoned C-1 Commercial and is ideally located along Route 146, providing superb opportunities for commercial development.The property includes several barns and an existing residence that is considered a teardown. Three public roads divide the property into four distinct sections: Parcel 1 Northwest section (House Side): Approximately 44 acres with 2,240 feet of road frontage. Parcel 2 Southwest section (Barn Side): Approximately 131 acres with frontage on two roads totaling 4,350 feet. Parcel 3 Northeast section (no structures): Approximately 59 acres with frontage on two roads totaling 2,470 feet. Parcel 4 Southeast section (Commercial - C-1 Zone): Approximately 24 acres with 1,620 feet of frontage along Route 146. This portion is available to purchase for $1,500,000 subject to requesting and receiving subdivision approval.The seller prefers to sell the property as a whole but will consider subdivision proposals, with pricing and terms subject to negotiation.All property tours are strictly by appointment only.

115 Farm To Market Road | MLS# 202620342

This land located at 115 Farm To Market Road, Mechanicville, NY 12118 is currently listed for sale with an asking price of $15,000,000. The property has approximately 258.23 Acres. Farm To Market Road is located within the Mechanicville school district. Search Mechanicville real estate on elizabeth-paone.coldwellbankerprime.com today.

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Property Features

Property Type: Land - Commercial
Lot Size: 258.23 Acres
Taxes: $12,502

Feature Descriptions

Current Use: Hay Fields, Other
Lot: Road Frontage, Views, Farm
Parcel #: 413800 267.-1-64.11
Sewer: Public Sewer
Structures: Barn(s)
Utilities: Sewer Available, Water Available
Water: Public

Local Schools

School District: Mechanicville

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Estimated Payment

$ 38,800.33 per month $33,383.50 Principal & Interest $1,041.83 Property Tax $4,375.00 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Capital Inc
Agency Phone: 1 518-584-0743

Shown By

Agent Name: Elizabeth A. Paone
Agent Phone: (518) 441-5352 Cell
Agency Title: Coldwell Banker Prime Properties

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