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Industrial Land for Build-to-Suit
For Lease
$10 SF/Yr

17-39 Midland Avenue, Middletown, NY 10940

I2-zoned industrial land supports collaborative planning for a proposed manufacturing, warehouse, or distribution facility.

Space SizeContact for details
Property Size125,800 SF
Days on Market40

Property Features for 17-39 Midland Avenue

General Information

Standard status Active
Size 125,800 SF
Class A
Total Parking Spaces 163
Zoning I2

Taxes and HOA fees

Annual Taxes $45,559

Building Details

Building Size 125,800 SF
Year Built 2027
Buildings 1
Units 1
Listing Agency: Keller Williams Hudson Valley
Listed By: Jason L McGovern · License #10301205773
Source: Maurafinnegan
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 28 at 7:06AM

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 Keller Williams Hudson Valley

Investment Insights

Based on property information with market context.

Approximately 11.2 acres are planned for a custom industrial development featuring a proposed 125,800-square-foot building. Prospective occupants may work with the developer on the final design before construction, with the concept incorporating 40-foot clear heights, 11 loading docks, 164 parking spaces, and oversized drive-through doors. Planned services include municipal water and sewer, heavy electrical capacity, natural gas, and modern heating, cooling, and lighting systems.

The property is within Middletown’s I-2 Heavy Industrial zoning district, with manufacturing, warehousing, distribution, logistics, storage, contractor, and other heavy industrial uses subject to municipal approvals. It is approximately 4 miles from Interstate 84 and NYS Route 17 and 20 miles from Stewart International Airport. The site borders an existing railroad corridor, allowing evaluation of a future spur to the Middletown & New Jersey Railroad and Norfolk Southern network, subject to engineering and railroad approvals. Project approvals are in progress, with anticipated occupancy in Q3-Q4 2027, subject to permitting and construction schedules.

Key Highlights

  • Approximately 11.2 acres planned for industrial development
  • Proposed 125,800‑square‑foot custom facility
  • 40‑foot clear heights, 11 loading docks, and 164 on‑site parking spaces

Property Analytics

Current Use

Full Service Center Auto Parts Store Flexible Magnets Big Box & Wholesale Store Hassler’s Big Boys ... Renovation Specialist Michelson Studios 2 ... Film Production

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Gym & Fitness Center Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby

Demographics for 10940, NY

52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - I2-zoned industrial land supports collaborative planning for a proposed manufacturing, warehouse, or distribution facility.
Where is this industrial land located?
The property is located at 17-39 Midland Avenue Middletown, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Approximately 11.2 acres planned for industrial development; Proposed 125,800‑square‑foot custom facility; 40‑foot clear heights, 11 loading docks, and 164 on‑site parking spaces
More about this property
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