Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway Commercial Land Available Title is generated by Realmo AI

    143 Shawangunk Road, Middletown, NY 10940

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $115,000

    Two lots available, suitable for various commercial uses.

    Type:Land or Vacant Lot
    Lot size:
    2.10 Acres
    Added:
    Aug 8, 2025
    Days on Market:
    287
    Last Refresh:
    Apr 5 at 8:56 pm

    Property Features for 143 Shawangunk Road

    General Information

    Standard status
    Active
    Lot size
    2.10 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    RICHARD J. SMITH

    Listing agent RICHARD J. SMITH License #10301212317

    Listing office RAND COMMERCIAL

    Listing date Aug 8, 2025

    Source Corcoran

    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 RAND COMMERCIAL

    HighLights

    • Excellent interstate and highway access via NYS Rt 17/Quickway/Interstate 86 between exits 116 and 118.
    • Zoned Highway Commercial, suitable for several commercial uses subject to site plan approval.
    • High visibility location.
    • Two lots available: 2.1 acres and 2.3 acres.
    • Previously engineered (requires updates).
    • Available for $115,000 each.

    Overview

    Two lots are available, each priced at $115,000. The properties are zoned Highway Commercial, making them suitable for several commercial uses, subject to site plan approval. Lot 1 encompasses 2.1 acres, while Lot 2 spans 2.3 acres. The lots were previously engineered, but updates are required as part of the design process. The location offers convenient access between exits 116 and 118 on NYS Rt 17/Quickway/Interstate 86, providing excellent interstate and highway access. The site benefits from high visibility. The property was previously engineered for single-family use, which would require a variance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Kitchen & Bath Showroom HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange
    State
    New York
    Longitude
    -74.4157
    Latitude
    41.5333

    Nearby Similar for Sale

    • $799,000

      Versatile Industrial Shell in Middletown

      Industrial space with high power, flexible zoning, and great location.
      8 John Street, Middletown, NY 10940
      View Details
    • $3,000,000
      24,000 SF

      Iconic Brewery & Entertainment Venue

      Fully operational brewery, restaurant, and entertainment venue in Middletown, NY.
      22 Cottage Street, Middletown, NY 10940
      View Details
    • $880,000

      Middletown Commercial Space For Sale

      High-visibility commercial space suitable for retail, medical, or financial use.
      357 E Main Street, Middletown, NY 10940
      View Details
    • $630,000

      Spacious Two-Family Home, Middletown, NY

      Two-family home with 6 and 4-bedroom units, great location.
      317 E Main Street, Middletown, NY 10940
      View Details
    • $439,990
      1,338 SF

      Middletown Two-Family Investment Opportunity

      Spacious two-family home with strong rental income potential.
      14 Bonnell Street, Middletown, NY 10940
      View Details
    • $1,590,000
      5,600 SF

      Historic Restored Multi-Family Investment Property

      Fully renovated 4-unit property with 5 rentable garages in Scotchtown, NY.
      375 Blumel, Middletown, NY 10941
      View Details
    • $350,000

      Middletown Commercial Land For Sale

      Commercial land in Middletown, NY, suitable for various business ventures.
      65 James P Kelly Way, Middletown, NY 10940
      View Details
    • $700,000
      3,600 SF

      Office Building on Large Lot

      3600 sqft office building on 3-acre lot for sale.
      39 Bloomingburg Rd, Middletown, NY 10940
      View Details
    • $799,999
      13,000 SF

      Middletown Commercial Building For Sale

      Highly visible building in Middletown, suitable for retail or warehouse.
      40 Dolson Avenue, Middletown, NY 10940
      View Details
    • $2,499,900

      Hudson Valley Paving Business Opportunity

      Established paving business with 1.9-acre commercial property for sale.
      45 Webb Road, Middletown, NY 10940
      View Details
    • $400,000

      Middletown Commercial Building For Sale

      Commercial building in downtown Middletown, NY, with development potential.
      26, 28 Robert Street, Middletown, NY 10940
      View Details
    • $399,900

      Renovated Mixed-Use Property, Middletown

      Two-unit property with commercial zoning, ideal for owner-user or investor.
      25 Mill Street, Middletown, NY 10940
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two lots available, suitable for various commercial uses.
    Where is this commercial land located?
    The property is located at 143 Shawangunk Road Middletown, NY.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Excellent interstate and highway access via NYS Rt 17/Quickway/Interstate 86 between exits 116 and 118.; Zoned Highway Commercial, suitable for several commercial uses subject to site plan approval.; High visibility location.
    (845) 744-2095
    We can help!
    Listing Contact
    RICHARD J. SMITH
    Real Estate License ID: 10301212317
    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

    Thank You for Inquiry
    143 Shawangunk Road, Middletown, NY 10940
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!