Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    364 Industrial Park Dr Binghamton, NY 13904

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr

    Industrial space with excellent access to major highways and markets.

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Luke S. Barney
    Source: Caliberbrokerage

    Listing Agent: Luke S. Barney

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

    Learn more

    Overview

    Industrial Space Near Major Highways

    Located within Kirkwood Industrial Park, 364 Industrial Park Drive is situated east of Binghamton, offering regional accessibility. The property provides connectivity to I-81, I-88, I-86, and NY-17, facilitating access to markets throughout New York, Pennsylvania, and the Northeast. Positioned within a logistics and distribution corridor, the site benefits from proximity to regional and national operators including Amazon, FedEx, Frito-Lay, Lineage Logistics, UPS, Raymond Corporation, and Dick’s Sporting Goods. This location supports freight movement, regional distribution, and fleet-based operations. The property is available for lease at $8.00/SF NNN.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8310692
    Latitude
    42.1035932

    Nearby Similar for Lease

    • $1,200 /Mo

      Corner Retail Space in Binghamton

      Newly renovated commercial space in Binghamton's Stadium District.
      33 Pine St, Binghamton, NY 13901
      View Details
    • $10 SF/Yr

      Downtown Binghamton Office Suite

      3,000 SF office suite in Downtown Binghamton.
      45 Chenango St, Binghamton, NY 13901
      View Details
    • Contact for pricing
      2,915 SF

      Former QSR with Drive-Thru

      2,915 sqft former QSR on 0.33 acres with drive-thru.
      237 Main St, Binghamton, NY 13905
      View Details
    • $20 SF/Yr
      1,384 SF

      Office Space in Binghamton, NY

      1384 square feet of office space available for lease.
      105 Court St, Binghamton, NY 13901
      View Details
    • $30 SF/Yr
      151,051 SF

      Premium Office Suites in Binghamton

      Class A office spaces in downtown Binghamton with free parking.
      2 Hawley St, Binghamton, NY 13901
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Binghamton

      Retail space available for rent in Binghamton, New York.
      10 Glenwood Ave, Binghamton, NY 13905
      View Details
    • Contact for pricing
      104,177 SF

      Industrial Space Near I-81/I-86

      104,177 SF industrial space for lease with renovated office.
      11 Beckwith Ave, Binghamton, NY 13901
      View Details
    • $9 SF/Yr
      34,000 SF

      Binghamton Industrial Space For Lease

      34,000 SF Solar-Powered Industrial/Office
      63 Barlow Rd, Binghamton, NY 13904
      View Details
    • Contact for pricing

      Remodeled Apartment Near SUNY Broome

      Remodeled 2-bedroom apartment with on-site laundry and parking.
      28 Prescott Rd, Binghamton, NY 13905
      View Details
    • Contact for pricing

      Renovated Two-Bedroom Apartment Available

      Newly renovated 2-bedroom apartment near transportation, hospital, and university.
      1140 Vestal Ave, Binghamton, NY 13903
      View Details
    • $12 SF/Yr
      80,000 SF

      Downtown Binghamton Office Space

      Prime Binghamton location, flexible lease terms.
      59-61 Court St, Binghamton, NY 13901
      View Details
    • $8 SF/Yr
      11,835 SF

      Binghamton Cross-Dock Truck Terminal

      11,835 SF Industrial Space, I-81 Access
      364 Industrial Park Dr, Binghamton, NY 13904
      View Details

    FAQs

    What type of property is this?
    Specialty property - Industrial space with excellent access to major highways and markets.
    Where is this specialty property located?
    The property is located at 364 Industrial Park Dr Binghamton, NY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Excellent regional accessibility with immediate connectivity to I-81, I-88, I-86, and NY-17.; - Positioned within an established logistics and distribution corridor.; - Proximity to prominent regional and national operators including Amazon, FedEx, Frito-Lay, Lineage Logistics, UPS, Raymond Corporation, and Dick’s Sporting Goods.
    (607) 205-0253
    Request Owner's contact information
    364 Industrial Park Dr Binghamton, NY 13904
    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.
    364 Industrial Park Dr
    Binghamton, NY 13904
    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
    364 Industrial Park Dr Binghamton, NY 13904
    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

    We can help!
    Listing Contact
    Luke S. Barney
    Real Estate License ID: #10401381348
    (607) 205-0253
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!