THE GRAY RIDER Real Estate Co.

PEACEDALE FARM - 63 ACRES IN SCHODACK - $2.5M


Peacedale Farm for sale
Aerial View with Adjoining

Peacedale Farm - a 63+/- Acres property located on US Route 9 in the town of Schodack. Located in the Capital Region of New York State and only 15 minutes from downtown Albany and Troy, this prime residential/commercial site is ideal for a wholesale/retail organic farm operation. The history of this farm goes back to the 1700's and it has always been a center for trading with the indians and early white settlers in the area.


Historic Home The large Barn
The Historic Home and the large Barn

apartment building Farm Market Building
The 8-Unit Apartment House and Farm Market Building (currently rented)

Equipment Included
All Equipment Included

As new residential and commercial development has moved out from the state capital in Albany and traffic has increased along the Albany to Boston corridor, the property has become even more important because of its close proximity to the last underdeveloped interstate exit ramp on I-90. This is one of the last pieces of prime development property located next to an Interstate interchange in the Capital District area of New York State. With only a small handful of residential properties in the same general area, community opposition would be minimal.


Aerial View
Aerial View of the Area

The traffic to the site and the development potential of the land increased dramatically when the New York State Thruway built an entrance/exit ramp (Exit B-1) onto Route 9, located about a mile from the property. Most recently, another highly traveled entrance/exit ramp (Exit 12) from Interstate I-90 was constructed even closer to the property. The site is also the "key" to providing access to some of the adjoining commercial properties in the area and the Buyers may be able to recoup some of the purchase price by permitting access to these other properties over this land at some future date. It also has a good water supply and 3 phase electrical power and optical cable lines are available.

The Owners of the Peacedale Farm have one primary goal and that is to have the property developed not only the way they would want it, but to develop it in conformance with the wishes and desires of the Town planners and the community as well. The Peacedale Farm site is not something to be wasted with a hodgepodge of smaller independently developed parcels, which quickly becomes apparent after a visit to the site.



CLICK HERE TO GO TO COMMERCIAL DEVELOPMENT PLANS FOR THE PROPERTY


If you would like more information on this property, please call John Wallace at 518-392-7062, or click on the mailbox below to email him.

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