Industrial Warehouse and Manufacturing
For Sale
$1,750,000
1005 Route 9W, Fort Montgomery, NY 10922
For sale 7,500 SF industrial building with adaptable layout for warehousing and manufacturing.
Property Size7,500 SF
Days on Market53
Property Features for 1005 Route 9W
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Industrial/Retail
Building Details
Building Size
7,500 SF
Year Built
1970
Listing Agency:
Triforce Commercial RE LLC
Listed By:
Jason Horowitz · License #NY #10491207540
(845) 323-9177
Source:
Triforcecre
Added: Jul 25
Changed: Sep 6
Last Checked: Sep 14 at 6:27AM
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 Triforce Commercial RE LLC
Investment Insights
Based on property information with market context.
This for-sale industrial property offers approximately 7,500 square feet of space and an adaptable layout suited to warehousing and manufacturing uses. The building is positioned to support day-to-day industrial operations with room for industrial storage and production activity.
Located in the Fort Montgomery area at 1005 Rte 9W, the property is described as providing seamless access to major transportation highways, supporting efficient distribution and logistics.
The overall configuration is presented as versatile, with features intended to accommodate industrial, warehouse, and distribution purposes. Prospective buyers and tenants seeking a flexible industrial facility can review the property as an option for their operating needs.
Located in the Fort Montgomery area at 1005 Rte 9W, the property is described as providing seamless access to major transportation highways, supporting efficient distribution and logistics.
The overall configuration is presented as versatile, with features intended to accommodate industrial, warehouse, and distribution purposes. Prospective buyers and tenants seeking a flexible industrial facility can review the property as an option for their operating needs.
Key Highlights
- 7,500 SF industrial building for sale
- Adaptable layout suited for warehousing and manufacturing
- Designed to support industrial, warehouse, and distribution uses
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
$74,289
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
4.25%
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%
$1,485,780
$1.5M
Cap Rate 7%
$1,061,271
$1.1M
Cap Rate 9%
$825,433
$825.4K
Market Conditions
NOI Build-Up for 7,500 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
$105.3K $14.04/SF
− Vacancy
−$17.9K −$2.39/SF
EGI
$87.4K $11.65/SF
− OpEx
−$13.1K −$1.75/SF
NOI
$74.3K $9.91/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$14.04 /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%
$1,485,780
Cap Rate 7%
$1,061,271
Cap Rate 9%
$825,433
Alternative Uses
Best Use
Warehouse
$1.06M
$928.6K – $1.24M
NOI $74,289 @ 7.0% cap · market cap 4.25%
Second Best
Industrial
$874.0K
$764.7K – $1.02M
NOI $61,179 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,811 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10922, NY
1,026
Population
557
Households
1.8
Avg Household Size
45
Median Age
29%
College-Educated
94%
High-School Grad
2.1 sq mi
ZIP Area
489
Density / Sq Mi
$88,516
Median Household Income
$66,396
Median Earnings
$1,403
Median Rent
$381,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Fort Storage, LLC — 1158 Rte 9W, Fort Montgomery, NY 10922
Frequently Asked Questions
What type of property is this?
Warehouse - For sale 7,500 SF industrial building with adaptable layout for warehousing and manufacturing.
Where is this warehouse located?
The property is located at 1005 Route 9W Fort Montgomery, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7,500 SF industrial building for sale; Adaptable layout suited for warehousing and manufacturing; Designed to support industrial, warehouse, and distribution uses
