This exceptional commercial land offering presents a unique investment opportunity in Highland, New York. Encompassing a total of 12.78 acres, this property is subdivided into two available lots. Lot A, measuring 2.7 acres, is priced at $310,000, translating to $114,815 per acre. Lot C, significantly larger at 10.14 acres, is offered at $650,000, or $64,103 per acre. Both lots are serviced by Water Tower Road, a town road. The property is designated as Commercial Land and is ready for development. Note that a third lot within the subdivision is occupied by a town water storage tank and is not included in this offering. The property's APN is 3200-088.001-0001-008.130-0000. This prime location in Ulster County, NY, with its zip code 12528, offers excellent potential for various commercial ventures. The property is not located within an Opportunity Zone. The total price range for the combined available lots is $310,000 to $960,000. This is an owner-user sale. The property is situated at Route 9W, Highland, NY.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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