Freestanding Single-Story Commercial
1 N Roberts Road Highland, NY 12528
1 N Roberts Road, Highland, NY, 12528
$839,000
For Sale
$839,000
Single-story freestanding building with flexible open-plan interior, ample parking, and prominent signage on a busy corridor.
Property Size2,318 SF
Price / SF$361.95
Days on Market64
Property Features for 1 N Roberts Road
General Information
- Standard status
- Active
- Size
- 2,318 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing agency
Century 21 Alliance-NP
(914) 474-7028
Listed by
Dominick Martorana
(914) 474-7028
Source
Xome
Added: May 20 Updated: Jul 22 at 1:35AM Checked: Jul 22 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Alliance-NP
Investment Insights
Based on property information with market context.
This freestanding, single-story commercial building features a flexible interior layout designed to support a range of uses. The open-plan configuration is well suited for immediate owner-occupation, redevelopment, or conversion into a leased asset, with room to accommodate office, medical/allied-health, financial or professional services, retail showrooms, and service-oriented operations.
Located directly off US 9W at a signalized intersection, the property offers high visibility and direct highway access. It also sits adjacent to the Walkway Over the Hudson and the Hudson Valley Rail Trail, benefiting from steady pedestrian and bicycle traffic in addition to a busy commercial/recreational corridor.
A generous lot supports ample client parking, and the site’s prominent signage is positioned to maximize exposure. The building’s adaptable footprint and strong visibility make it a practical fit for owner-operators and investors seeking a versatile commercial property in an active trail-connected setting.
Located directly off US 9W at a signalized intersection, the property offers high visibility and direct highway access. It also sits adjacent to the Walkway Over the Hudson and the Hudson Valley Rail Trail, benefiting from steady pedestrian and bicycle traffic in addition to a busy commercial/recreational corridor.
A generous lot supports ample client parking, and the site’s prominent signage is positioned to maximize exposure. The building’s adaptable footprint and strong visibility make it a practical fit for owner-operators and investors seeking a versatile commercial property in an active trail-connected setting.
Key Highlights
- Freestanding, single‑story commercial building built in 1980
- More than 2,300 sq. ft. of flexible interior space with an open‑plan layout
- Located off US 9W at a signalized intersection with direct highway access
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.5k | $30.00 |
| − Vacancy | −$8.8k | −$3.81 |
| EGI | $60.7k | $26.19 |
| − OpEx | −$15.2k | −$6.55 |
| NOI | $45.5k | $19.64 |
2,318 SF · lease $30.00/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$650.4K
$569.1K – $758.9K
NOI $45,531 @ 7.0% cap · market cap 5.43%
Second Best
Healthcare Medical
$582.8K
$510.0K – $679.9K
NOI $40,796 @ 7.0% cap · market cap 4.86%
Theoretical Best
Multifamily LT 5
$21.68M
$18.97M – $25.29M
NOI $1,517,417 @ 7.0% cap · market cap 180.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Peter M. Cordovano, ...
Law Firm
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FAQs
What type of property is this?
Office building - Single-story freestanding building with flexible open-plan interior, ample parking, and prominent signage on a busy corridor.
Where is this office building located?
The property is located at 1 N Roberts Road Highland, NY.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Freestanding, single‑story commercial building built in 1980; More than 2,300 sq. ft. of flexible interior space with an open‑plan layout; Located off US 9W at a signalized intersection with direct highway access
