Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    557 Route 44/55 Highland, NY 12528

    View on Map
    Claim this Listing
    For Sale
    $499,000

    COMMERCIAL - Highland, NY

    Property size:
    1,700 SF
    Lot size:
    4.12 Acres
    Added:
    Jul 20, 2025
    Days on Market:
    270
    Last Refresh:
    Apr 15 at 2:06 pm

    Property Features for 557 Route 44/55

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    c-2
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    513600
    Size
    1,700 SF
    Lot size
    4.12 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8635

    Building Details

    Year built
    1960

    We can help!

    Listing Contact
    Dawn Passante
    Dawn Passante

    Listing agent Dawn Passante

    Listing office Coldwell Banker Village GreenN 157 Main Street, Kingston, NY

    Listing date Jul 20, 2025

    MLS# 20253134

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Property in Highland, NY

    This renovated commercial property in Highland, NY, offers visibility and high traffic exposure. The building is located across from a gas station and minutes from Rocking Horse Ranch Resort. The property features a fully renovated building with modern updates, ready for immediate use. It includes a three-bay garage suitable for storage, automotive use, a workshop, or flexible commercial operations. Ample parking is available for customers, staff, or fleet vehicles. The property is located approximately 5 miles from the NYS Thruway (I-87) and the Mid-Hudson Bridge. The property is suitable for a range of commercial uses, including automotive repair and detailing, contracting operations, retail showrooms with integrated storage, or investment opportunities with rental potential. The lot size is 4.12 acres and the property size is 1700 square feet. The zoning is C-2.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Highland
    County
    Ulster
    State
    New York
    Longitude
    -74.0091
    Latitude
    41.693012

    Nearby Similar for Sale

    • $499,000

      Renovated Commercial Property in Highland, NY

      Renovated commercial property with high visibility and versatile potential.
      557 Route 44-55, Highland, NY 12528
      View Details
    • $975,000
      7,362 SF

      Highland Commercial Building For Sale

      Commercial building in Highland, NY, currently set up for brewery.
      17 Milton Ave, Highland, NY 12528
      View Details
    • $225,000
      1,392 SF

      High Traffic Area Investment Property

      Investment opportunity in high traffic area, suitable for office.
      3523 Us-9w, Highland, NY 12528
      View Details
    • $500,000

      Highland Mixed-Use Opportunity

      Mixed-use property with commercial space and residential units.
      24-28 Vineyard Ave, Highland, NY 12528
      View Details
    • $900,000

      Highland Mixed-Use Investment Opportunity

      Eleven-unit mixed-use building in Highland, New York.
      81 Vineyard Ave, Highland, NY 12528
      View Details
    • $3,900,000
      27,000 SF

      27,000+ SF Warehouse on 8 Acres

      27,000+ SF warehouse on 8 acres with loading docks.
      381 Vineyard Ave, Highland, NY 12528
      View Details
    • $1,195,000
      16,620 SF

      Fully Occupied Professional Building

      Well-established commercial building in a desirable location with stable tenants.
      652 State Route 299, Highland, NY 12528
      View Details
    • $400,000

      Highland Village Three-Family Property

      Three-unit residential income property in Highland, NY.
      19-21 Church St, Highland, NY 12528
      View Details
    • $2,400,000
      12,800 SF

      Industrial

      550 N Riverside Rd, Highland, NY 12528
      View Details
    • $999,999

      Highland Restaurant with Apartment For Sale

      Fully equipped restaurant with a spacious 4-bedroom apartment above.
      80 Vineyard Avenue, Highland, NY 12528
      View Details
    • $975,000
      6,032 SF

      Commercial Building in Highland, NY

      Commercial building for sale or lease in Highland, New York.
      20 Park Ln, Highland, NY 12528
      View Details

    FAQs

    What type of property is this?
    Automotive property - Versatile commercial property with high visibility and modern updates.
    Where is this automotive property located?
    The property is located at 557 Route 44/55 Highland, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: High visibility and traffic exposure across from a busy gas station.; Fully renovated building with modern updates, ready for immediate use.; Three spacious bay garage suitable for storage, automotive use, workshop, or flexible commercial operations.
    (845) 706-5268
    We can help!
    Listing Contact
    Dawn Passante
    Dawn Passante
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!