500 Highland Ave, Nyack, NY 10960-1135
This exceptional Class A warehouse, located at 500 N Highland Ave in Nyack, New York, presents a compelling redevelopment opportunity. Boasting 2,700 square feet of space on a generous 1.8-acre lot, this property is zoned OB and offers significant potential for various uses. The building underwent a complete renovation in 2022, ensuring modern functionality and efficiency. Currently vacant, this presents a blank canvas for an investor seeking to capitalize on a prime location in Rockland County. The asking price is $2,000,000, translating to $740.74 per square foot. The property's industrial classification, combined with its substantial land area, makes it ideal for a range of projects. The triple net (NNN) lease type offers a straightforward ownership structure. Its strategic location in Nyack, NY, zip code 10960, provides easy access to major transportation routes and a thriving local market. This is a rare chance to acquire a fully renovated, vacant warehouse in a desirable area, ready for immediate development or lease. The property's size and zoning provide flexibility for a variety of commercial ventures. Don't miss this chance to secure a valuable asset in a rapidly growing market.
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
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.