Free-Standing Industrial and Office
For Sale
Contact for pricing
1 Chips Ln, Fishkill, NY 12524
Free-standing industrial building with warehouse, manufacturing/production offices, and executive offices plus three loading docks.
Property Size19,800 SF
Price / SF$131.31
Days on Market954
Property Features for 1 Chips Ln
General Information
Standard status
Active
Size
19,800 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
20 ft
Dock-High Doors
3
Additional Details
Utilities to Site
Yes
Building Details
Stories
2
Listing Agency:
CR Properties
(626) 622-4253
Listed By:
Thomas Cervone · License #49CE0922865
(845) 485-3100
Source:
Moodyscre
Added: Mar 21, 2024
Changed: Oct 26
Last Checked: Oct 28 at 9:31AM
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 CR Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This free-standing industrial property combines first-level industrial, manufacturing, and warehouse space with production offices, along with second-level executive offices. The facility includes two interior loading docks and one exterior loading dock, and features approximately 20' ceilings. Mechanical and utilities noted include municipal water and sewer, natural gas, central air for the office area, and forced hot air.
The building totals approximately 19,800± SF, with interior space identified at approximately 13,200± SF and warehouse space at approximately 6,600± SF. A Matterport virtual tour is available for both the warehouse and office portions of the property.
Offered for sale, the configuration supports multiple interior work and production environments paired with dedicated office space across two levels.
The building totals approximately 19,800± SF, with interior space identified at approximately 13,200± SF and warehouse space at approximately 6,600± SF. A Matterport virtual tour is available for both the warehouse and office portions of the property.
Offered for sale, the configuration supports multiple interior work and production environments paired with dedicated office space across two levels.
Key Highlights
- Free‑standing industrial building with warehouse, manufacturing/production offices, and executive offices plus office space on two levels
- Total size 19,800 ± SF (Interior 13,200 ± SF; Warehouse 6,600 ± SF)
- Loading access: two interior loading docks and one exterior loading dock
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,699
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,973,980
$3.0M
Cap Rate 7%
$2,124,271
$2.1M
Cap Rate 9%
$1,652,211
$1.7M
Market Conditions
NOI Build-Up for 19,800 SF
Gross rent
$187.7K $9.48/SF
− Vacancy
−$12.8K −$0.64/SF
EGI
$174.9K $8.84/SF
− OpEx
−$26.2K −$1.33/SF
NOI
$148.7K $7.51/SF
Area
Dutchess County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,973,980
Cap Rate 7%
$2,124,271
Cap Rate 9%
$1,652,211
Alternative Uses
Best Use
Flex RnD
$4.64M
$4.06M – $5.42M
NOI $325,019 @ 7.0% cap · market cap 12.50%
Second Best
Warehouse
$2.12M
$1.86M – $2.48M
NOI $148,699 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$5.96M
$5.22M – $6.95M
NOI $417,210 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20 ft
Clear height
3
Dock-high doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,593
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12524, NY
15,617
Population
6,702
Households
2.3
Avg Household Size
46
Median Age
36%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
930
Density / Sq Mi
$95,713
Median Household Income
$59,017
Median Earnings
$1,806
Median Rent
$373,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Free-standing industrial building with warehouse, manufacturing/production offices, and executive offices plus three loading docks.
Where is this flex space located?
The property is located at 1 Chips Ln Fishkill, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Free‑standing industrial building with warehouse, manufacturing/production offices, and executive offices plus office space on two levels; Total size 19,800 ± SF (Interior 13,200 ± SF; Warehouse 6,600 ± SF); Loading access: two interior loading docks and one exterior loading dock
