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Modern Industrial Building Near Route 5S
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108 Business Park Dr, Frankfort, NY

Industrial building with easy access to Utica and surrounding markets.

Property Size63,000 SF
Lot Size4.40 Acres
Price / SF$55.56
Days on Market1043

Property Features for 108 Business Park Dr

General Information

Standard status Active
Size 63,000 SF
Lot size 4.40 Acres
Property subtype INDUSTRIAL
Listing Agency: Standard Brokerage Company
Listed By: Tyler Culberson · License #10401200967
Source: Moodyscre
Added: Oct 13, 2023 Changed: Aug 11 Last Checked: Aug 19 at 9:13AM

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 Standard Brokerage Company

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

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 Call to check price and availability
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