Industrial Warehouse
22 Bill Horton Way, Wappingers Falls, NY 12590
For Sale
$1,595,000
A 2004-built facility offers industrial and warehouse space in a private cul-de-sac.
Property Size6,300 SF
Days on Market50
Property Features for 22 Bill Horton Way
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas M. Cervone · License NY 49CE0922865
(845) 485-3100
Source:
Crproperties
Added: Sep 26
Changed: Nov 7
Last Checked: Nov 12 at 6:55AM
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 Group LLC
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Investment Insights
Based on property information with market context.
This industrial warehouse property was constructed in 2004 and is offered for sale. The facility is situated on a private cul-de-sac in Wappingers Falls, New York.
Key Highlights
- Constructed in 2004
- Situated on a private cul‑de‑sac
- Industrial and warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,313
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,260
$946.3K
Cap Rate 7%
$675,900
$675.9K
Cap Rate 9%
$525,700
$525.7K
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$59.7K $9.48/SF
− Vacancy
−$4.1K −$0.64/SF
EGI
$55.7K $8.84/SF
− OpEx
−$8.3K −$1.33/SF
NOI
$47.3K $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%
$946,260
Cap Rate 7%
$675,900
Cap Rate 9%
$525,700
Alternative Uses
Best Use
Warehouse
$675.9K
$591.4K – $788.6K
NOI $47,313 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M
NOI $132,749 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 12590, NY
37,051
Population
14,563
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
34.8 sq mi
ZIP Area
1,065
Density / Sq Mi
$98,252
Median Household Income
$52,861
Median Earnings
$1,674
Median Rent
$365,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Dutchess County, NY
Properties on Market for Warehouses in Dutchess County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Legal Shred — 28 Bill Horton Way, Wappingers Falls, NY 12590
Frequently Asked Questions
What type of property is this?
Warehouse - A 2004-built facility offers industrial and warehouse space in a private cul-de-sac.
Where is this warehouse located?
The property is located at 22 Bill Horton Way Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Constructed in 2004; Situated on a private cul‑de‑sac; Industrial and warehouse space
