Two-Bay Auto
For Sale
$430,000
3945 Us Highway 9W, Highland, NY 12528
Includes dedicated office space, on-site parking, and zoning designations supporting several commercial use possibilities.
Property Size1,111 SF
Lot Size1.50 Acres
Days on Market49
Property Features for 3945 Us Highway 9W
General Information
Standard status
Active
Size
1,111 SF
Lot size
1.50 Acres
Property subtype
Commercial
Zoning
HBD and R-1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
2
Taxes and HOA fees
Annual Taxes
$6,238
Building Details
Building Size
1,111 SF
Year Built
1980
Buildings
1
Listing Agency:
Keller Williams Realty Hudson Valley North
Listed By:
Karen Chung
(845) 705-6744
Source:
Elliman
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 24 at 5:22PM
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 Keller Williams Realty Hudson Valley North
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Investment Insights
Based on property information with market context.
Built in 1980, this automotive property includes a two-bay garage, dedicated office space, and additional parking. The offering includes both the building and approximately 1.5 acres of land, providing an established site for an automotive business or other uses identified in the property information.
The property is located at 3945 US Highway 9W in Highland, along the Route 9W corridor. Zoning is designated HBD and R-1. An approval is in place for a proposed three-bedroom double-wide, adding another documented component to the site’s existing configuration.
The property is located at 3945 US Highway 9W in Highland, along the Route 9W corridor. Zoning is designated HBD and R-1. An approval is in place for a proposed three-bedroom double-wide, adding another documented component to the site’s existing configuration.
Key Highlights
- Two‑bay automotive garage with dedicated office space
- Approximately 1.5 acres included with the building and land
- Zoned HBD and R‑1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,229
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,580
$264.6K
Cap Rate 7%
$188,986
$189.0K
Cap Rate 9%
$146,989
$147.0K
Market Conditions
NOI Build-Up for 1,111 SF
Gross rent
$20.0K $18.00/SF
− Vacancy
−$1.1K −$0.99/SF
EGI
$18.9K $17.01/SF
− OpEx
−$5.7K −$5.10/SF
NOI
$13.2K $11.91/SF
Area
Ulster County, NY
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,580
Cap Rate 7%
$188,986
Cap Rate 9%
$146,989
Alternative Uses
Best Use
Retail
$189.0K
$165.4K – $220.5K
NOI $13,229 @ 7.0% cap · market cap 3.08%
Second Best
Industrial
$93.2K
$81.5K – $108.7K
NOI $6,523 @ 7.0% cap · market cap 1.52%
Theoretical Best
Multifamily LT 5
$10.39M
$9.09M – $12.12M
NOI $727,287 @ 7.0% cap · market cap 169.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12528, NY
14,089
Population
6,332
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
94%
High-School Grad
44.9 sq mi
ZIP Area
314
Density / Sq Mi
$89,096
Median Household Income
$57,626
Median Earnings
$1,642
Median Rent
$337,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Town Line Auto Center — 3851 Us Highway 9W, Highland, NY 12528
- Grand Slam Auto & Richard's — Us Highway 9w, Highland, NY 12528
- A&B Car Care — 3819 Rte 9W, Highland, NY 12528
Frequently Asked Questions
What type of property is this?
Auto shop - Includes dedicated office space, on-site parking, and zoning designations supporting several commercial use possibilities.
Where is this auto shop located?
The property is located at 3945 Us Highway 9W Highland, NY.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two‑bay automotive garage with dedicated office space; Approximately 1.5 acres included with the building and land; Zoned HBD and R‑1
