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    OFF-MARKET
    Auto shops

    3945 Us Hwy 9w, Highland, NY 12528-2125

    1,111 SF 1.5 ac lot Built 1980
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US63-4972999
    Property summary
    AI-generated overview

    This exceptional 1,111 sq ft commercial property, situated on 1.5 acres of land in Highland, NY, presents a unique investment opportunity. Ideally located on US Highway 9W, it enjoys high visibility and convenient access, just minutes from the Mid-Hudson Bridge and nearby shopping centers. The building's zoning (HBD, R-1) allows for a variety of uses, including office space, bank, convenience store, and motor vehicle sales. Currently configured as a well-equipped auto repair shop with two bays, it includes valuable equipment such as Mohawk lifts, a 100-gallon shop air compressor, tire machine, and balancer, along with a waste oil heater. An office is also included within the existing structure. Adding to its appeal, the seller is offering the highly sought-after New York State Inspection Station License as part of the sale. Furthermore, the 1.5-acre lot has already received approval for the construction of a three-bedroom single-family home, presenting additional development potential. This property offers a rare blend of established commercial use and significant future development possibilities, making it an attractive investment for discerning buyers. Priced at $425,000, this is a motivated seller opportunity not to be missed.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1980
    Total area 1,111 SF
    Lot 1.5 ac (65,340 SF)
    Zoning code R1
    APN 513200 95.4-1-18
    UPID US63-4972999
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Desmond Walker · 11 yrs held
    Desmond Walker
    since 2014
    2 recorded transactions
    2014
    $23,043
    1969
    Zoning & alternative use
    R1 · Highland, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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