Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Building on 2.6 Acres Title is generated by Realmo AI

    3050 State Route 208, Wallkill, NY 12589

    View on Map
    Claim this Listing
    For Sale
    $2,750,000

    22,000 sq ft industrial building in Shawangunk, NY for sale.

    Added:
    Apr 22, 2025
    Days on Market:
    403
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 3050 State Route 208

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    AVIGDER SAMET

    Listing agent AVIGDER SAMET

    Listing office AVION

    Listing date Apr 22, 2025

    Source Corcoran

    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 AVION

    HighLights

    • Large 22,000 sq. ft. industrial building on 2.6 acres.
    • Convenient location approximately seven miles to Interstate 84.
    • Flexible SB zoning allows for a variety of uses including light industry, office, retail, and storage.
    • Multiple loading options: three drive‑in doors and one tailgate‑level loading door (with potential for more).
    • High ceilings: 24 feet at center, 18 feet at eaves.
    • Includes 1,880 sq. ft. office space plus additional finished space (lunch room, office, storage, restrooms).

    Overview

    This 22,000 sq. ft. industrial building is located in the Town of Shawangunk, just north of the Orange County border, and is situated on 2.6 acres. The warehouse has dimensions of approximately 80 ft. by 250 ft., and features three drive-in doors and one tailgate-level loading door. Additional tailgate-level doors can be added. Ceiling heights reach 24 feet at the center and 18 feet at the eaves. The property includes an office section of 1,880 sq. ft. at the front of the building, along with additional finished space within the warehouse, including a lunch room, office, storage room, and two restrooms with one shower. The property is located approximately seven miles from Interstate 84. It is zoned SB - Small Business, which allows for light industry, office, retail, day care, house of worship, commercial recreation, and self-service storage facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallkill
    County
    Ulster
    State
    New York
    Longitude
    -74.1821
    Latitude
    41.5986

    Nearby Similar for Sale

    • $319,925
      2,582 SF

      Wallkill Duplex on Large Lot

      Two-unit property with tenant-occupied apartments and ample parking.
      155 Huckleberry Tpke, Wallkill, NY 12589
      View Details
    • $1,299,000
      6,000 SF

      Renovated Retail/Commercial Building on Corner

      Newly renovated 6,000+ SF building on high-traffic corner.
      4 Bona Ventura Ave, Wallkill, NY 12589
      View Details
    • $595,000
      1,664 SF

      Farmhouse on 11+ Acres

      Charming farmhouse with equestrian facilities on over 11 acres.
      355 Fosler Rd, Wallkill, NY 12589
      View Details
    • $450,000
      5,911 SF

      Versatile Commercial Building in Wallkill

      Spacious commercial building in the heart of Wallkill, New York.
      19 Main Street, Wallkill, NY 12589
      View Details
    • $2,750,000
      22,000 SF

      Versatile Warehouse on High-Traffic Route

      Expansive commercial warehouse on 2.6 acres with flexible zoning.
      3050 State Route 208, Wallkill, NY 12589
      View Details
    • $1,875,000
      4,240 SF

      Historic Colonial Farmhouse and Venue

      1777 Colonial on 14.55 acres with event venue.
      69-71 Lippincott Rd, Wallkill, NY 12589
      View Details
    • $1,299,000
      6,154 SF

      Renovated Retail/Commercial Building on Corner

      Newly renovated 6,000+ SF building on high-traffic corner.
      4 Bona Ventura Avenue, Shawangunk, NY 12589
      View Details
    • $1,400,000

      Multi-Unit Property in Walk Hill

      15 units across four buildings in Walk Hill, NY.
      143 Freetown Road, Wallkill, NY 12589
      View Details
    • $319,925
      20 SF

      Two-Family Home with Yard

      Two-unit home on .46 acres with ample parking.
      155 Huckleberry Tpke, Wallkill, NY 12589
      View Details
    • $4,500,000

      Turnkey Wedding Venue on Acres

      Profitable wedding venue on 14.5 acres with expansion potential.
      71 Lippincott Road, Wallkill, NY 12589
      View Details
    • $1,875,000
      4,000 SF

      Established Wedding and Event Venue

      Picturesque 14.5-acre wedding and event venue with mountain views.
      71 Lippincott Rd, Wallkill, NY 12589
      View Details

    FAQs

    What type of property is this?
    Warehouse - 22,000 sq ft industrial building in Shawangunk, NY for sale.
    Where is this warehouse located?
    The property is located at 3050 State Route 208 Wallkill, NY.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Large 22,000 sq. ft. industrial building on 2.6 acres.; Convenient location approximately seven miles to Interstate 84.; Flexible SB zoning allows for a variety of uses including light industry, office, retail, and storage.
    (845) 388-1216
    We can help!
    Listing Contact
    AVIGDER SAMET
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3050 State Route 208, Wallkill, NY 12589
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!