Owner-User Industrial
For Sale
Contact for pricing
1245 MARCONI BLVD, Copiague, NY 11726
Industrial building with two loading docks, two drive-in doors, and utilities suited for warehouse, distribution, or light manufacturing.
Property Size20,255 SF
Lot Size0.94 Acres
Price / SF$246.61
Days on Market95
Property Features for 1245 MARCONI BLVD
General Information
Standard status
Active
Size
20,255 SF
Total Parking Spaces
25
Lot size
0.94 Acres
Property subtype
Industrial
Zoning
G
Investment Type
Owner/User
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
2
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Year Built
1956
Buildings
1
Units
1
Listing Agency:
North Village Realty
Listed By:
Tom Bigansky · License #NY 10491210989
Source:
Crexi
Added: Jun 3
Changed: Aug 25
Last Checked: Sep 4 at 7:35PM
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 North Village Realty
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse is well suited for an owner-user looking for immediate operational capability. The property features two loading docks and two drive-in doors to support efficient receiving and dispatch. Interior systems include wet and dry sprinkler protection, gas heat, and 600 amps of power. The offering is supported by approximately 25 on-site parking spaces and a municipal sewer connection.
The building sits on 0.94 acres in the Town of Babylon and is located in a G-Industry (Light) zone. The site is designed to accommodate light industrial uses such as warehouse, distribution, and light manufacturing operations, with access points that support regular truck activity.
From a tenant or buyer fit perspective, the configuration offers practical flexibility for logistics and light production needs that require dock-and-door functionality, substantial electrical service, and heating. The combination of sprinkler systems, gas heat, and power capacity supports a broad range of warehouse and light manufacturing users, while the on-site parking and municipal sewer connection help streamline day-to-day operations.
The building sits on 0.94 acres in the Town of Babylon and is located in a G-Industry (Light) zone. The site is designed to accommodate light industrial uses such as warehouse, distribution, and light manufacturing operations, with access points that support regular truck activity.
From a tenant or buyer fit perspective, the configuration offers practical flexibility for logistics and light production needs that require dock-and-door functionality, substantial electrical service, and heating. The combination of sprinkler systems, gas heat, and power capacity supports a broad range of warehouse and light manufacturing users, while the on-site parking and municipal sewer connection help streamline day-to-day operations.
Key Highlights
- 20,255 SF industrial building built in 1956 on 0.94 acres in the Town of Babylon
- G‑Industry (Light) zoning for warehouse, distribution, and light manufacturing uses
- Two loading docks plus two drive‑in doors for loading and operational flexibility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$310,397
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,207,940
$6.2M
Cap Rate 7%
$4,434,243
$4.4M
Cap Rate 9%
$3,448,856
$3.4M
Market Conditions
NOI Build-Up for 20,255 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$388.9K $19.20/SF
− Vacancy
−$23.7K −$1.17/SF
EGI
$365.2K $18.03/SF
− OpEx
−$54.8K −$2.70/SF
NOI
$310.4K $15.32/SF
Area
Suffolk County, NY
Vacancy
6.10%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,207,940
Cap Rate 7%
$4,434,243
Cap Rate 9%
$3,448,856
Alternative Uses
Best Use
Warehouse
$4.43M
$3.88M – $5.17M
NOI $310,397 @ 7.0% cap · market cap 6.21%
Second Best
Industrial
$4.11M
$3.59M – $4.79M
NOI $287,574 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$6.17M
$5.40M – $7.20M
NOI $431,943 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11726, NY
20,763
Population
6,492
Households
3.2
Avg Household Size
39
Median Age
26%
College-Educated
84%
High-School Grad
2.5 sq mi
ZIP Area
8,305
Density / Sq Mi
$125,691
Median Household Income
$42,637
Median Earnings
$1,913
Median Rent
$451,300
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Door To Dorm — 700 Oak St, Copiague, NY 11726
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with two loading docks, two drive-in doors, and utilities suited for warehouse, distribution, or light manufacturing.
Where is this warehouse located?
The property is located at 1245 MARCONI BLVD Copiague, NY.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 20,255 SF industrial building built in 1956 on 0.94 acres in the Town of Babylon; G‑Industry (Light) zoning for warehouse, distribution, and light manufacturing uses; Two loading docks plus two drive‑in doors for loading and operational flexibility
