Peacedale Properties For Sale
Approx 100 Acres Of Prime Real Estate. 
Centrally Located Near Albany, NY


Below are attributes of the Peacedale properties that will

apply to large uses that would require municipal approval 

for major revisions versus leaving the properties in their 

present state and enjoying its Grandfathering status.

 

Below are added attributes.

1.  Property in the middle of the Northeast corridor on a major

double interchange, located 1 mile south of the cloverleaf 

and is void of vehement public opposition.

 

2.   For large uses with an abundant labor number this will attract

financial cooperation for the improvements necessary for a large

use, water storage and traffic control with the improvements serving

the balance of the properties and an avalanche of demand for these 

properties.  This would result from the availability of safe ingress and 

access through traffic control along with substantial water under 

pressure for fire protection.

 

3. Egress and Ingress have been tentatively addressed and suitable 

placement of traffic control has been located by an engineering firm to 

observe the concerns of NY DOT regarding distance site visibility on the  

4 lane highway that fronts the property and with Peacedale road 

approaches 2 miles of municipal  road frontage.

 

4.  Most large properties run into a major concern regarding the need to

to change zoning ordinances.  This results in long delays and  litigation 

by retired legal and State officials that in most if not all proposals 

squelch the entire affair.  Hannaford Bros.  North of the B-1 Interchange 

is just one example of this nightmare.  Peacedale south of the 

Interchange is zoned PD, not RA Agriculture and qualifies for most 

large applications.

 

5.  Peacedale properties can provide ROW back to the large areas west 

of route 9 that includes railroad access.  This access will be determined  

by the new owner pro or con. 

 

6.   The existing  Peacedale road that is presently a Town road carries 

substation electrical power and T 1 optical cable.  Recent estimates are 

in the 1 million dollar range to construct these assets from scratch.

 

7.  If Peacedale can attract a high tech  development the golf course to 

the south that has never been completed other than rough play could 

enjoy the water resources developed on the Schodack designated water 

storage area, with 425 ft. elevation across route 32.

 

Last is the price.  We have set an unprecedented price for Interchange 

properties without factoring in the valuable attributes stated above.

CBRE in Albany who has our 103 acres listed will attest to the value of 

this listing in the $20 K per acre range.  The owners of the property have 

placed a very attractive price on the lands involved because of age and 

health issues.

   

 


    

The Peacedale Properties Are 

Between 5 Rural Communities

Schodack, East Greenbush, Kinderhook, Valatie, 
Chatham and all North
Columbia County hamlets.

Over 125 K Residents

In addition to the traffic flow off of the nearby Interstate System.

 

Illustrations and information below applies predominately to a

Grandfathering status and included in the price lock stock and barrel.


Beautiful 4 Bedroom 2 1/2 Bath Remodeled Colonial Home 

 

This home is included with the approx. 100 Acre Package and can 
be used for
additional rental income or owner living quarters.

8 Unit Apartment House

Generates about $67,000 (with home) In Yearly Gross Income


Approximately 3,200 SQ Foot Market With Loading Docks

Generates About $25,000 In Yearly Gross Income.

Market building and Shed business is currently

 leased and is operated by a very successful 

flea market operation and Shed sales operation.

Includes large barn that can be converted  

into a sales or storage facility 
after purchase
 in an eventual expansion mode.


The aerial photo below shows the property is on 
a
Major Double Interstate Connection
I-90 and I-87.

           


The Master Plan Below 
when completed
will provide 7 major corner 
locations
(With East Side) along with multiple internal lots.

  

 

The master plan is presently being engineered to include 

the lands and assets outside of the Peacedale Envelope

The expanded areas primarily are in the thousands of acres of

the South Schodack area that includes the water assets

that will be merged with the Peacedale Water system

These areas will be available for railroad and other large needs.


Reduced Price - $2,350,000

Please Contact

Jeff Sperry CBRE

518-452-2700 

 


"Excellence through Knowledge"
143 Longview Drive
Chatham, New York 12037
Tel: 518-392-7062
- See more at: http://www.grayrider.com/#sthash.9Dh9SqKA.dpuf

"Excellence through Knowledge"
143 Longview Drive
Chatham, New York 12037
Tel: 518-392-7062
- See more at: http://www.grayrider.com/#sthash.9Dh9SqKA.dpuf

 

 

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