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    100 Snake Hill Rd West Nyack, NY 10994

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    Mixed-use site for self-storage redevelopment with high traffic visibility.

    Type:Industrial
    Property size:
    50,879 SF
    Lot size:
    5.90 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 5 at 11:23 pm

    Property Features for 100 Snake Hill Rd

    General Information

    Standard status
    Active
    Size
    50,879 SF
    Lot size
    5.90 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Hans Hardisty
    Hans Hardisty

    Listing agent Hans Hardisty

    Listing office National Storage Partners

    Listing date Jan 27, 2026

    Source Nationalstoragepartners

    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 National Storage Partners

    Overview

    Mixed-Use Site For Redevelopment

    Located at 100 Snake Hill Road in West Nyack, New York, this property encompasses approximately 5.9 acres. Currently a mixed-use office and industrial site, it features around 50,000 square feet divided into two sections of approximately 25,000 square feet each, suitable for conversion into multi-story self-storage. Additionally, there is a 5,000 square foot annex building, currently rented NNN for $60,000 per year until October 2021. The property benefits from excellent visibility from both directions of the New York State Thruway (I-87), situated just west of the Tappan Zee Bridge, a major Hudson River crossing with over 120,000 average daily traffic counts. The site has an exit on its side of the Thruway, just before Route 303, and boasts 1,100 feet of frontage on I-87. The proposed redevelopment plan aims to increase the gross square footage to 100,000, enabling approximately 72,000 net rentable square feet of self-storage. The location is across from the Palisades Mall and benefits from strong demographics and an under-supplied market with strong rental rates. West Nyack is located approximately 18 miles north of New York City and is part of the New York–Newark–Jersey City Metropolitan Statistical Area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Bright Electric Electrical Service Execudent Dental Laboratory Dental Office Extra Space Storage Storage Facility Village Fairgrounds II Hotel & Motel

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    West Nyack
    County
    Rockland
    State
    New York
    Longitude
    -73.9591
    Latitude
    41.1014

    FAQs

    What type of property is this?
    Self storage facility - Mixed-use site for self-storage redevelopment with high traffic visibility.
    Where is this self storage facility located?
    The property is located at 100 Snake Hill Rd West Nyack, NY.
    What are key features of this property?
    This property features: High visibility location with 1,100 feet of frontage on I‑87 and excellent lines of sight from the New York State Thruway (I‑87), with 130,000 average daily traffic counts.; Opportunity for self‑storage redevelopment to increase gross square footage to 100,000, enabling 72,000 +/- net rentable square feet.; Located across from the Palisades Mall, the 2nd largest mall in the NYC area.
    (914) 489-7909
    We can help!
    Listing Contact
    Hans Hardisty
    Hans Hardisty
    Learn More
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    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
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