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Property profile & analytics
OFF-MARKET
Manufacturing properties

44 Washington St Rear Auburn, NY 13021-2403

20,491 SF 1.08 ac lot Built 1920
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-2451823
Property summary
AI-generated overview

This 20,491 square foot commercial property in Auburn, NY, sits on a 1.08-acre lot and presents a compelling investment opportunity. Priced at $139,900, the property boasts recently renovated storage areas ideal for various uses, including landscaping, boat storage, or contracting businesses. Twelve and fourteen-foot ceilings provide ample vertical space, while convenient features such as an electric garage door on the main storage area and two loading docks enhance functionality. A portion of the property generates immediate monthly income from existing tenants, helping offset carrying costs. The property is being sold "as is," offering significant upside potential for further development and expansion of storage capacity. The existing storage areas are clean and ready for immediate use. This is an excellent chance to acquire a well-located commercial property with strong rental income potential and room for future growth. The property's size and features make it suitable for a variety of commercial storage needs. Don't miss this chance to acquire a profitable and versatile commercial property in a desirable location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1920
Total area 20,491 SF
Lot 1.08 ac (47,045 SF)
Zoning code CC
APN 050100 115.51-1-37.1
UPID US63-2451823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Printerly.com Inc Custom T-Shirt Store
  • WINAND PRODUCTS INC Food Processing Plant Factory
  • TrophyMantle Department Store
  • Digby Custom Tees Custom T-Shirt Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Omega Wire INC · 13 yrs held
Omega Wire INC
since 2013
Last sale
$128,750
3 recorded transactions
2013
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
CC · Auburn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CC Central Corridor District. A. Purpose and intent. The purpose of the Central Corridor District (CC) is to promote well-designed small-scale commercial development and accommodate a mixture of uses compatible with surrounding neighborhoods. B. Permitted uses. The following uses are permitted within the CC District: (1) Agricultural processing plant. (2) Ar…

Zone name Central Corridor
General category UNKNOWN
Zone area 117.78 ac
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