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    108 Business Park Dr Frankfort, NY 13340

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    For Sale
    $3,500,000

    Industrial building with easy access to Utica and surrounding markets.

    Property size:
    63,000 SF
    Lot size:
    4.40 Acres

    Property Features for 108 Business Park Dr

    General Information

    Size
    63,000 SF
    Lot size
    4.40 Acres

    Source: Standard Brokerage Company Agent Tyler Culberson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Industrial Building Near Route 5S

    This modern industrial building is conveniently located off of Route 5S, providing easy access to Utica and surrounding markets. The 63,000 square foot building features a steel structure, which facilitates future adaptations for additional loading or other revisions. The site has road frontage on four sides. The property is well-located within the resurging Mohawk Valley corridor with immediate access to Route 5S. The surrounding area has seen over $150,000,000 of industrial development over the last 5 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Oneida
    State
    New York
    Longitude
    -75.0819069
    Latitude
    43.0422596

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    FAQs

    What type of property is this?
    Warehouse - Industrial building with easy access to Utica and surrounding markets.
    Where is this warehouse located?
    The property is located at 108 Business Park Dr Frankfort, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Located off Route 5S with easy access to Utica and surrounding markets.; - Over $150,000,000 of industrial development at this exit in the last 5 years.; - Steel structure allows for easy future adaptations.
    (518) 857-0586
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    108 Business Park Dr Frankfort, NY 13340
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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
    108 Business Park Dr Frankfort, NY 13340
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