3945 Us Hwy 9w, Highland, NY 12528-2125
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Highland, NYHighland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.