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    Route 9W Commercial Space Title is generated by Realmo AI

    3139 Route 9W, Saugerties, NY 12477

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    Claim this Listing
    Pending
    $1,125 /Mo

    COMMERCIAL - Saugerties, NY

    Type:Retail
    Lot size:
    7.10 Acres
    Added:
    Sep 11, 2025
    Days on Market:
    246
    Last Refresh:
    May 14 at 7:06 am

    Property Features for 3139 Route 9W

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    GB
    Standard status
    Pending
    APN
    4889-029.021-0007-007.000-0000
    Lot size
    7.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5952

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1964
    Building materials
    Block

    We can help!

    Listing Contact
    Joel Craig
    Joel Craig

    Listing agent Joel Craig

    Listing office Coldwell Banker Village Green 11-13 Mill Hill Road, Kingston, NY

    Listing date Sep 11, 2025

    MLS# 912045

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

    HighLights

    • High‑visibility location on busy Route 9W, thousands of cars passing daily.
    • Two 2000 sq ft units available, option to lease both for 4000 sq ft.
    • Brand new roof, two 5‑ton HVAC units with new ductwork, and 200‑amp, 3‑phase electrical service.
    • Versatile space suitable for various businesses.
    • Rear area can be fitted with oversized double doors for deliveries.
    • Landlord is open to negotiating rent based on tenant's investment.

    Overview

    This commercial space for lease is located on Route 9W and offers high visibility. The property is located minutes from the Village of Saugerties and the New York State Thruway (I-87), and is surrounded by residential neighborhoods. Two units are available, each offering 2,000 square feet, or the full space can be leased for a total of 4,000 square feet. The space is suitable for healthcare providers, smoothie and juice bars, coffee shops, bakeries, cafes, health food stores, vitamin or supplement shops, specialty grocery or retail stores, and fast-casual restaurant concepts. The rear area can be fitted with two oversized double doors, making it truck-friendly for deliveries and inventory management. Recent upgrades include a brand-new roof, two 5-ton HVAC units with all-new ductwork, 200-amp, 3-phase electrical service (one meter per unit), and new gas lines (one meter per unit). The interior has been gutted and is ready for buildout. The landlord is open to negotiating rent in consideration of investment in finishing the space. The property is zoned GB and is located in Ulster County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Take-out & Catering IXL Health & Fitness ... Gym & Fitness Center FedEx Authorized Ship ... Courier Service Maloney's Wine and Liquor Department Store U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Saugerties
    County
    Ulster
    State
    New York
    Longitude
    -73.955631
    Latitude
    42.057459

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    FAQs

    What type of property is this?
    Retail space - High-visibility commercial space available for lease on Route 9W.
    Where is this retail space located?
    The property is located at 3139 Route 9W Saugerties, NY.
    What is the lease rate?
    The lease rate is $1,125 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on busy Route 9W, thousands of cars passing daily.; Two 2000 sq ft units available, option to lease both for 4000 sq ft.; Brand new roof, two 5‑ton HVAC units with new ductwork, and 200‑amp, 3‑phase electrical service.
    (518) 821-6548
    We can help!
    Listing Contact
    Joel Craig
    Joel Craig
    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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