963 Kings Hwy Saugerties, NY 12477
Property profile & analytics
963 Kings Hwy Saugerties, NY 12477
- Investment properties
- 4,448 SF
- 3.45 lot acres
Property ID
US63-3051744
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Stone Pony Catering Co. / Take-out & Catering / Catering Service
- LibertyX Bitcoin ATM / Atm
Property Details for 963 Kings Hwy
- Year built
- 1987
- Lot size
- 3.45 lot acres
- Property size
- 4,448 SF
- Zone code
- 06 - INDUSTRIAL
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 514889 28.2-3-26.200
- APU
- 514889282326200
Description
This exceptional Saugerties property presents a unique investment opportunity encompassing a 7,372 square foot warehouse complex situated on a generous 3.45-acre lot. The property, located at 963 Kings Highway in Ulster County, NY, 12477, is zoned for commercial use and offers significant potential for various ventures. The complex comprises three distinct buildings. The first, a 2,000 square foot structure renovated in 2001, boasts a high-end professional kitchen, complete with pizza ovens, ideal for food service operations. The second building, constructed in 2015 and spanning 2,448 square feet, features an attractive bar and dining area, perfectly suited for restaurant or banquet use. Finally, a third building provides a 3-bedroom, 1-bathroom apartment currently generating below-market rental income at $1,125 per month. This versatile property, situated on a busy roadway, presents endless possibilities for entrepreneurs in the food and beverage industry or other commercial uses. The 1962 construction offers a solid foundation for future development or immediate occupancy. This is a must-see for investors seeking a high-return property with significant upside potential. The asking price is $949,900.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $785,000
- 6.5%
- $725,000
- 7%
- $670,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $870,000
- AI Estimate
- $771,000
Market price range: $478k - $870kMarket price range: $306k - $772k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $685,000 Current use
- AUTO REPAIR, GARAGE
- $835,000 Change: +22% Conversion: Difficult
- OFFICE BUILDING
- $605,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saugerties
- County
- Ulster
- State
- New York
- Longitude
- -73.9799
- Latitude
- 42.0528
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$49,500
$614,000
$663,500
-
$49,500
$614,000
$663,500
