Industrial Land with Pole
For Sale
$575,000
135 Huntley Road, Schroeppel, NY 13135
Industrial-zoned 4.5-acre parcel with a 40’ x 60’ pole barn and access to heavy power.
Property Size2,400 SF
Lot Size4.50 Acres
Price / SF$239.58
Days on Market97
Property Features for 135 Huntley Road
General Information
Standard status
Active
Size
2,400 SF
Lot size
4.50 Acres
Property subtype
Industrial
Additional Details
Highway Access
Yes
Heavy Power
Yes
Taxes and HOA fees
Annual Taxes
$1,700
Building Details
Building Size
2,400 SF
Year Built
1918
Listing Agency:
The O'Hara Group
(315) 447-8620
Listed By:
Connor Schwartz · License #10401355679
(315) 447-8620
Source:
Griffith-realty
Added: May 20
Changed: Aug 24
Last Checked: Aug 21 at 11:03PM
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 The O'Hara Group
Investment Insights
Based on property information with market context.
This industrial-zoned 4.5-acre property includes a 40’ x 60’ pole barn and access to heavy power, suited to contractors, fleet operators, and equipment storage users. The offering is structured as land with an existing building for immediate utilization or potential future expansion.
The site is located at 135 Huntley Rd in Phoenix, NY, positioned just around the corner from NY-481 via Exit 13 (CR 57A / Phoenix) and Exit 14 (NY-264). The remarks also note convenient connectivity to Interstate 81 and the New York State Thruway (I-90), supporting regional transport and daily operations.
According to the remarks, the property is about 8.1 miles from the future Micron Technology semiconductor campus in Clay, NY, and it sits directly across from Barrett Paving Materials Inc. at the time of listing.
The site is located at 135 Huntley Rd in Phoenix, NY, positioned just around the corner from NY-481 via Exit 13 (CR 57A / Phoenix) and Exit 14 (NY-264). The remarks also note convenient connectivity to Interstate 81 and the New York State Thruway (I-90), supporting regional transport and daily operations.
According to the remarks, the property is about 8.1 miles from the future Micron Technology semiconductor campus in Clay, NY, and it sits directly across from Barrett Paving Materials Inc. at the time of listing.
Key Highlights
- 2011 industrial‑zoned 4.5‑acre parcel at 135 Huntley Rd, Phoenix, NY
- Includes a 40' x 60' pole barn
- Access to heavy power available for industrial use
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
$18,024
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
3.13%
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%
$360,480
$360.5K
Cap Rate 7%
$257,486
$257.5K
Cap Rate 9%
$200,267
$200.3K
Market Conditions
NOI Build-Up for 2,400 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
$22.8K $9.48/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$21.2K $8.84/SF
− OpEx
−$3.2K −$1.33/SF
NOI
$18.0K $7.51/SF
Area
Oswego 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 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%
$360,480
Cap Rate 7%
$257,486
Cap Rate 9%
$200,267
Alternative Uses
Best Use
Warehouse
$257.5K
$225.3K – $300.4K
NOI $18,024 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.7K
$418.9K – $558.5K
NOI $33,509 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13135, NY
6,303
Population
2,592
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
32.0 sq mi
ZIP Area
197
Density / Sq Mi
$82,977
Median Household Income
$40,953
Median Earnings
$965
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Great Northern Mini Storage — 220 County Rte 57, Phoenix, NY 13135
- Seneca Storage — 150 Huntley Rd, Phoenix, NY 13135
- H Langdon Storage — 187 B Rt 57, Phoenix, NY 13135
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-zoned 4.5-acre parcel with a 40’ x 60’ pole barn and access to heavy power.
Where is this warehouse located?
The property is located at 135 Huntley Road Schroeppel, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2011 industrial‑zoned 4.5‑acre parcel at 135 Huntley Rd, Phoenix, NY; Includes a 40' x 60' pole barn; Access to heavy power available for industrial use
