Flex Building with Assembly
12 Hanna Lane, Beacon, NY 12508
For Sale
$1,400,000
Light Industrial zoning, a commercial kitchen area, and shared parking serve the property.
Property Size4,850 SF
Lot Size0.94 Acres
Price / SF$288.66
Days on Market25
Property Features for 12 Hanna Lane
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Highway Access
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
McGrath Realty Inc
(845) 896-5444
Listed By:
Brendan McGrath
(845) 245-8610
Source:
Croninreale
Added: Oct 14
Changed: Nov 7
Last Checked: Nov 7 at 1:43PM
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 McGrath Realty Inc
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Investment Insights
Based on property information with market context.
This 4,850-square-foot flex building occupies 0.94 acres and was built in 1975. The single-story metal structure includes an open assembly room with hardwood flooring and a commercial kitchen area, plus a covered entrance facing the shared parking lot. Hydronic baseboard heat, municipal water and sewer, and an on-site shed are also present.
Located at 12 Hanna Lane in Beacon, the parcel is zoned Light Industrial (LI). The existing building covers less than 12% of the lot, compared with a stated maximum lot coverage of 70%, leaving room within that limit for additional development.
Located at 12 Hanna Lane in Beacon, the parcel is zoned Light Industrial (LI). The existing building covers less than 12% of the lot, compared with a stated maximum lot coverage of 70%, leaving room within that limit for additional development.
Key Highlights
- 4,850 SF flex building on 0.94 acres
- Light Industrial (LI) zoning with a 70% lot coverage allowance
- Open assembly room with hardwood floors and commercial kitchen area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,613
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,592,260
$1.6M
Cap Rate 7%
$1,137,329
$1.1M
Cap Rate 9%
$884,589
$884.6K
Market Conditions
NOI Build-Up for 4,850 SF
Gross rent
$133.9K $27.60/SF
− Vacancy
−$11.4K −$2.35/SF
EGI
$122.5K $25.25/SF
− OpEx
−$42.9K −$8.84/SF
NOI
$79.6K $16.42/SF
Area
Dutchess County, NY
Vacancy
8.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,592,260
Cap Rate 7%
$1,137,329
Cap Rate 9%
$884,589
Alternative Uses
Best Use
Flex RnD
$1.14M
$995.2K – $1.33M
NOI $79,613 @ 7.0% cap · market cap 5.69%
Second Best
Industrial
$428.5K
$375.0K – $499.9K
NOI $29,996 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,195 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
955
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12508, NY
19,537
Population
8,798
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
14.4 sq mi
ZIP Area
1,357
Density / Sq Mi
$88,510
Median Household Income
$59,498
Median Earnings
$1,700
Median Rent
$401,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Dutchess County, NY
Properties on Market for Flex space in Dutchess County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial zoning, a commercial kitchen area, and shared parking serve the property.
Where is this flex space located?
The property is located at 12 Hanna Lane Beacon, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4,850 SF flex building on 0.94 acres; Light Industrial (LI) zoning with a 70% lot coverage allowance; Open assembly room with hardwood floors and commercial kitchen area
