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    10164 Ny 60 Fredonia, NY

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    For Sale
    $3,596,230

    New industrial property with long-term lease and annual rent increases.

    Property size:
    6,000 SF
    Lot size:
    17.80 Acres

    Property Features for 10164 Ny 60

    General Information

    Size
    6,000 SF
    Lot size
    17.80 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    New Industrial Property For Sale

    This industrial property features a brand new, long-term double net (NN) lease with approximately 9.9 years remaining. The construction was completed in June 2024. The lease includes two percent (2.00%) rental increases occurring annually. The tenant has two (2), five (5)-year renewal options, potentially extending the lease term to 20+ years. The property size is 6,000 square feet and is located in Fredonia, NY.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Siri Storage

    Map

    City
    Fredonia
    County
    Chautauqua
    State
    New York
    Longitude
    -79.3317105
    Latitude
    42.4400576

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    FAQs

    What type of property is this?
    Warehouse - New industrial property with long-term lease and annual rent increases.
    Where is this warehouse located?
    The property is located at 10164 Ny 60 Fredonia, NY.
    What is the asking price?
    The asking price for this property is $3,596,230.
    What are key features of this property?
    This property features: - Brand new 10-year double net (NN) lease; - Two percent (2.00%) annual rental increases; - Construction completed June 2024
    (332) 345-2408
    Request Owner's contact information
    10164 Ny 60 Fredonia, NY
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    Fredonia, NY
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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
    10164 Ny 60 Fredonia, NY
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