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    524 Route 303 Orangeburg, NY 10962

    For Sale
    $15,900,000

    8.3-Acre Industrial Building, 61,000 SF

    Property size:
    61,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 61,000-square-foot industrial and office building presents a significant investment opportunity in Orangeburg, NY. Situated on a generous 8.3-acre lot, the single-level structure boasts a robust steel frame and masonry construction, ensuring durability and longevity. The building is currently fully occupied by two tenants, providing immediate cash flow. However, one tenant's lease expires in November 2024, freeing up approximately 27,821 square feet of space. This presents a unique opportunity for the new owner to either lease this space to generate additional income or utilize it for expansion or internal operations. The existing building layout includes approximately 6,400 square feet of well-maintained office space, complementing the substantial industrial area. The property's floor load capacity is rated at 15 tons, accommodating a wide range of industrial uses. Its strategic location in Orangeburg offers excellent access to major transportation routes, making it an ideal location for distribution, manufacturing, or warehousing operations. This property is being offered at $15,900,000 and represents a compelling investment prospect with strong potential for future growth and profitability. Further specifics and details are available upon request.

    Property Features for 524 Route 303

    General Information

    Property type
    Industrial properties
    Square Feet
    61,000 SF
    Lot Size
    361,548 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orangeburg
    County
    Rockland County
    State
    New York
    Longitude
    -73.9482
    Latitude
    41.05437

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    FAQs

    What type of property is this?
    Industrial property - 8.3-Acre Industrial Building, 61,000 SF
    Where is this industrial property located?
    The property is located at 524 Route 303 Orangeburg, NY.
    What is the asking price?
    The asking price for this property is $15,900,000.
    (845) 634-0400
    Request Owner's contact information
    524 Route 303 Orangeburg, NY 10962
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    Orangeburg, NY 10962
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    524 Route 303 Orangeburg, NY 10962
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