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    243 Vineyard Ave Highland, NY 12528

    Sponsored
    For Sale
    $2,100,000

    70 acres, 4 buildings, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 70-acre parcel presents a unique investment opportunity in Highland, New York. Ideally situated just outside the village, this mixed-use property offers unparalleled versatility. The land itself is suitable for agricultural pursuits or subdivision, presenting a range of development possibilities. The property includes four existing structures: three farm worker units, one vacant house, a substantial steel building featuring high ceilings and oversized garage doors, and a barn. The steel building's spacious design and ample access points offer significant potential for various commercial or industrial uses. The existing residential units provide immediate income potential or housing for farmhands or on-site staff. This location boasts convenient access to major transportation arteries, including Metro-North, the New York State Thruway, and is within easy reach of the scenic Mohonk Mountains and the Hudson Valley Rail Trail. The combination of expansive acreage, existing buildings, and strategic location makes this property an attractive proposition for investors seeking a multi-faceted investment with significant upside potential. The asking price is $2,100,000. The property is located at 243 Vineyard Ave, Highland, NY 12528, in Ulster County.

    Property Features for 243 Vineyard Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    3,049,200 SF

    HighLights

    • $2,100,000 asking price.
    • 70‑acre mixed‑use land parcel in Highland, NY.
    • Includes three farm worker units, one vacant house, a large steel building, and a barn.
    • Convenient location near Metro North, NYS Thruway, Mohonk Mountains, and Hudson Valley Rail Trail.
    • Potential for farming or subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Ulster
    State
    New York
    Longitude
    -73.980516388579
    Latitude
    41.703420417454

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    FAQs

    What type of property is this?
    Multifamily property - 70 acres, 4 buildings, prime location.
    Where is this multifamily property located?
    The property is located at 243 Vineyard Ave Highland, NY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price.; 70-acre mixed-use land parcel in Highland, NY.; Includes three farm worker units, one vacant house, a large steel building, and a barn.
    Request Owner's contact information
    243 Vineyard Ave 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
    243 Vineyard Ave Highland, NY 12528
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