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Property profile

105 Hand Ave Elizabethtown, NY 12932

OFF-MARKET
Investment properties
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12,416 SF 0.4 ac lot Built 1955

Property summary

AI-generated overview

This exceptional commercial property in Elizabethtown, NY presents a unique investment opportunity. Situated on a 0.4-acre lot in the heart of Essex County, this property boasts two substantial buildings totaling over 12,416 square feet of usable space. One building is currently configured for light manufacturing, while the other functions as a spacious warehouse with convenient garage access. Multiple driveways provide flexible access for loading and unloading, while a large lift and three-phase power (separately metered) enhance operational efficiency. The property is equipped with valuable machinery included in the sale, such as a CNC router, vacuum pump, and inverted pin router. Its versatility makes it suitable for a wide range of uses, including manufacturing, warehousing, logistics, event space, artist studios, retail, technology development, research and development, or even potential residential conversion (subject to local regulations). The strategic location offers unparalleled accessibility, less than two hours from Montreal, Albany, and Burlington, Vermont, providing excellent connectivity to major transportation routes and a vibrant regional economy. This is a rare opportunity to acquire a substantial property in a picturesque setting with significant growth potential. The asking price is $249,000.

Property profile

Verified
Property type Investment properties
Year built 1955
Total area 12,416 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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