Fully Leased Industrial
2261 Western Turnpike Duanesburg, NY 12056
2261 Western Turnpike, Duanesburg, NY, 12056
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For Sale
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A 2007-built industrial facility with 23-foot clear heights, six drive-in doors, and about 19% office buildout.
Property Size10,515 SF
Lot Size5.32 Acres
Price / SF$137.90
Days on Market148
Property Features for 2261 Western Turnpike
General Information
- Standard status
- Active
- Size
- 10,515 SF
- Lot size
- 5.32 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2007
Listing agency
IronHorn Enterprises
Listed by
Ryan Jenkins · License #0225268974
Source
Crexi
Added: Feb 24 Updated: Jul 20 at 8:09PM Checked: Jul 21 at 1:17PM
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 IronHorn Enterprises
Investment Insights
Based on property information with market context.
2261 Western Turnpike is a fully leased industrial building constructed in 2007, offering a modern warehouse and light industrial layout on a 5.32-acre parcel. The facility includes 23’ clear heights and six drive-in doors, with approximately 19% office buildout to support office functions alongside industrial operations.
The property is positioned along Route 20 (Western Turnpike) in Duanesburg, New York, with convenient access to I-88 and I-90 (NYS Thruway). This highway connectivity supports distribution and service activity across Albany, Schenectady, and the broader Capital Region.
With its combination of functional warehouse clear height, multiple drive-in doors, and meaningful office component, the building is suited to a range of industrial and service-oriented uses while also offering room on-site given the size of the parcel.
The property is positioned along Route 20 (Western Turnpike) in Duanesburg, New York, with convenient access to I-88 and I-90 (NYS Thruway). This highway connectivity supports distribution and service activity across Albany, Schenectady, and the broader Capital Region.
With its combination of functional warehouse clear height, multiple drive-in doors, and meaningful office component, the building is suited to a range of industrial and service-oriented uses while also offering room on-site given the size of the parcel.
Key Highlights
- 2007‑built 10,515 SF industrial building in Duanesburg, NY
- 5.32‑acre parcel with 23’ clear heights for flexible warehouse use
- Six drive‑in doors for loading and distribution operations
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.7k | $9.48 |
| − Vacancy | −$6.8k | −$0.64 |
| EGI | $92.9k | $8.84 |
| − OpEx | −$13.9k | −$1.33 |
| NOI | $79.0k | $7.51 |
10,515 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.13M
$987.1K – $1.32M
NOI $78,968 @ 7.0% cap · market cap 5.45%
Second Best
Industrial
$929.0K
$812.9K – $1.08M
NOI $65,033 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$3.15M
$2.75M – $3.67M
NOI $220,310 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
Similar Off Market Nearby
- Superior Storage — 2054 Western Turnpike, Duanesburg, NY 12056
FAQs
What type of property is this?
Warehouse - A 2007-built industrial facility with 23-foot clear heights, six drive-in doors, and about 19% office buildout.
Where is this warehouse located?
The property is located at 2261 Western Turnpike Duanesburg, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 2007‑built 10,515 SF industrial building in Duanesburg, NY; 5.32‑acre parcel with 23’ clear heights for flexible warehouse use; Six drive‑in doors for loading and distribution operations
