Property Details
Basic Information
- MLS Number: 5065434
- List Price: $750,000
- Date Listed: 10/11/2025
- Description: Presenting a rare 64± acre development opportunity offering both industrial and residential potential in one contiguous site. The front 400 feet of the property are zoned IND-1, allowing for commercial or light manufacturing uses, while the remaining acreage is zoned Rural Residential, ideal for a new housing subdivision or estate lots. Preliminary concept plans prepared by a local engineering firm indicate the site could support a 20,000± SF industrial building at the front portion, along with approximately 30 single-family homes throughout the balance of the property (subject to approvals). This property offers a highly flexible layout, allowing developers, investors, or end users to pursue a range of uses - from a mixed-use industrial/residential project to a standalone subdivision or business park. With significant frontage, strong zoning diversity, and large acreage, this site presents a unique opportunity to capture both commercial and residential demand in the area.
Building
- Acreage: 64
- Square Feet: 2,787,840
- Zoning: IND I
Location
- County: Sullivan
- Town: Newport
Finance
- Taxes: $131
Utilities and Appliances
Utilities and Appliances
- Utilities: None
Community
Schools
- High School: Newport Middle High School
Other Details
Water
- Water: None