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Wilton Industrial/Flex Warehouse Compound

10 Commerce Park Drive Wilton, NY 12831

10 Commerce Park Drive, Wilton, NY, 12831

$1,400,000

Pending

For Sale

$1,400,000

Pending

Well-located industrial/flex warehouse compound on 2.6 acres in Saratoga County.

Property Size13,344 SF

Lot Size2.60 Acres

Days on Market197

Property Features for 10 Commerce Park Drive

General Information

Standard status: Pending
Size: 13,344 SF
Lot size: 2.60 Acres
Property subtype: Commercial

Building Details

Year Built: 2004

Listing Agency REALIZE BROKERS

Listed by NICHOLAS KETTER

Source Corcoran

Added: Jan 5 Updated: Jul 10 at 3:47 pm Checked: Jul 19 at 4:38 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALIZE BROKERS

Investment Insights

Based on property information with market context.

The property at 10 Commerce Park Drive is an industrial/flex warehouse compound situated on 2.6 acres in Saratoga County. It benefits from C3 zoning and convenient access to I-87 (Northway) at Exit 16. The site features three Butler-style steel buildings, totaling approximately 13,344 square feet. Two buildings each measure approximately 6,000 square feet (60' x 100') and offer 18-foot ceiling heights. These buildings have a mix of warehouse and office buildout, with non-load-bearing interior walls that allow for easy conversion to fully clear-span spaces. Additionally, there is a 1,344 square foot garage/shop building with 16-foot ceilings and three overhead doors. The property includes a total of 11 at-grade overhead doors across the site, along with ample parking, turn-around space, and an outdoor storage area. Each building has separate utilities. The site is served by a private well and septic system. The warehouse spaces are equipped with radiant floor heat. The property is well maintained with short-term tenants and can be delivered vacant at closing.

Key Highlights

Excellent access to I‑87 (Northway) at Exit 16.
C3 zoning in Saratoga County allows for a variety of uses.
Three buildings totaling 13,344 SF, including two 6,000 SF warehouses with 18' ceilings.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$126.5k	$9.48
− Vacancy	−$8.6k	−$0.64
EGI	$117.9k	$8.84
− OpEx	−$17.7k	−$1.33
NOI	$100.2k	$7.51

13,344 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use

Flex RnD

$2.77M

$2.42M – $3.23M (±1% cap)

NOI $193,595 @ 7.0% cap · market cap 13.83%

Second Best

Warehouse

$1.43M

$1.25M – $1.67M (±1% cap)

NOI $100,214 @ 7.0% cap · market cap 7.16%

Theoretical Best

Office A

$3.99M

$3.49M – $4.66M (±1% cap)

NOI $279,583 @ 7.0% cap · market cap 19.97%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

518 Disaster Restoration Hardware & Home Improvement SERVPRO of Southern Saratoga ... Hardware & Home Improvement

Suggested Use

For sale
Flex space
NY
Wilton
12831
10 Commerce Park Drive

What type of property is this?

Flex space - Well-located industrial/flex warehouse compound on 2.6 acres in Saratoga County.

Where is this flex space located?

The property is located at 10 Commerce Park Drive Wilton, NY.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Excellent access to I‑87 (Northway) at Exit 16.; C3 zoning in Saratoga County allows for a variety of uses.; **Three buildings totaling 13,344 SF, including two 6,000 SF warehouses with 18' ceilings.**