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Zoned Industrial Land with Building

LaBarre St. Hancock, NY 13783

LaBarre St., Hancock, NY, 13783
$945,000
For Sale
$945,000

COMMERCIAL - Hancock, NY

Property Size3,540 SF
Lot Size20.00 Acres
Price / SF$266.95
Days on Market479

Property Features for LaBarre St.

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
20.00 Acres

Taxes and HOA fees

Tax Annual Amount
6799

Utilities

Water front features
River Front
Listing Agency UPPER DELAWARE REAL ESTATE
538 W MAIN ST, HANCOCK, NY
Listed by Christopher J Gross
Added: Mar 27, 2025 Checked: Jul 18 at 4:06 am
MLS# 11501382

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A 20-acre industrially zoned parcel offered for sale with an existing 3,540-square-foot concrete and steel building. The site features surveyed road frontage of 694.32 feet and more than 1,700 feet of frontage on the East Branch Delaware River. Three-phase electric is available, and municipal water, sewer, and natural gas are available.

The property is described as having easy access to a town road that can accommodate heavy trucks, with proximity to a state highway and interstate roadways. An active railroad is adjacent across the street.

The property is positioned for industrial development with utility access and substantial river frontage, and it is also described as having other potential uses subject to appropriate approvals.

Key Highlights

  • 20‑acre industrial‑zoned parcel with 694.32' of surveyed road frontage
  • Over 1,700' of frontage on the East Branch Delaware River
  • 3,540 SF concrete and steel building on site

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.0k $14.40
− Vacancy −$3.5k −$0.98
EGI $47.5k $13.42
− OpEx −$14.3k −$4.03
NOI $33.3k $9.39
3,540 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Industrial
$475.1K
$415.7K – $554.3K (±1% cap)
NOI $33,257 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M (±1% cap)
NOI $121,578 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Manufacturing properties

FAQs

What type of property is this?
Industrial land - 20-acre industrial parcel with road frontage, utilities available, river frontage, and an existing concrete and steel building.
Where is this industrial land located?
The property is located at LaBarre St. Hancock, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 20‑acre industrial‑zoned parcel with 694.32' of surveyed road frontage; Over 1,700' of frontage on the East Branch Delaware River; 3,540 SF concrete and steel building on site
Contact an agent
More about this property
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