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    200 Blue Point Rd Highland, NY 12528

    Sponsored
    For Sale
    $24,500,000

    Prime Hudson River location, massive development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 24.5 million dollar mixed-use property presents a unique investment opportunity in Highland, NY. Boasting 1.5 miles of stunning Hudson River frontage, this expansive site offers unparalleled views and development potential. The property currently has approved zoning for up to 800 residential units, providing a significant opportunity for residential development. In addition to the residential zoning, the property includes plans for a 120-key hotel and conference center complete with a restaurant, ideal for corporate retreats, weddings, and other private events. A substantial 155,000 square feet of space is designated for commercial, retail, and office uses, offering diverse income streams. Furthermore, the property encompasses 450,000 square feet of light industrial space, catering to a wide range of businesses. This is a blank canvas for a visionary developer to create a thriving mixed-use community, capitalizing on the breathtaking riverfront location and the approved zoning for a large-scale project. The scale and scope of this development opportunity are truly remarkable, offering significant returns for a long-term investment. The property's strategic location and diverse offerings make it an exceptional investment prospect with significant upside potential. Don't miss this chance to acquire a truly unique and expansive development opportunity.

    Property Features for 200 Blue Point Rd

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1952
    Location Intelligence

    Current Use by Public Records

    Hudson Valley Wine ... Housing Development

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Dental Office Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Ulster County
    State
    New York
    Longitude
    -73.9497
    Latitude
    41.68844

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Hudson River location, massive development potential.
    Where is this mixed-use property located?
    The property is located at 200 Blue Point Rd Highland, NY.
    What is the asking price?
    The asking price for this property is $24,500,000.
    (516) 621-3555
    Request Owner's contact information
    200 Blue Point Rd Highland, NY 12528
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    Highland, NY 12528
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    Realmo Value Estimation

    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.

    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.

    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
    200 Blue Point Rd Highland, NY 12528
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