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Property profile & analytics
FOR LEASE
Warehouses

481 Crescent Ave Highland, NY 12528

27,100 SF 5.5 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-2740236
Property summary
AI-generated overview

This exceptional 2,000-square-foot warehouse space is available for lease at 481 Crescent Avenue in Highland, New York, 12528. The property is a single-story building situated on a 5.5-acre lot, offering ample room for expansion or outdoor storage. The warehouse features an 8-foot garage door, perfect for easy loading and unloading of goods. The zoning is designated AG1.5. The building's interior is currently vacant and ready for immediate occupancy. Its central location provides convenient access to major roadways, the New York State Thruway, and the Mid-Hudson Bridge, ensuring efficient transportation and logistics. This property is suitable for various uses, primarily dry storage, but other applications may be considered. Note that additional building space on the property is also available for lease separately. This presents a unique opportunity for businesses seeking a versatile and strategically located warehouse in the thriving Highland area. The property is a single-tenant space, providing privacy and control.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Total area 27,100 SF
Lot 5.5 ac (239,580 SF)
Zoning code AG1.5
APN 514200 95.1-3-2.11
UPID US63-2740236
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
Current use
Occupant on record · Public records
  • C & M Coldstorage Storage Facility Warehouse & Storage
  • Ulster Overhead Doors Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$718k
Blend (final) Blend
$555k
Owner & transaction history
K E M Landscaping LLC · 4 yrs held
K E M Landscaping LLC
since 2022
Last sale
$450,000
1 recorded transaction
2022
$450,000
Zoning & alternative use
AG1.5 · Highland, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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