New Industrial Warehouse with Loading
For Sale
$7,499,999
2265 State Route 17k, Montgomery, NY 12549
Newly constructed industrial space includes offices, kitchens, and a conference room.
Property Size31,250 SF
Days on Market48
Property Features for 2265 State Route 17k
General Information
Standard status
Active
Size
31,250 SF
Property subtype
Multi Family
Warehouse & Industrial
Clear Height
32 ft
Dock-High Doors
6
Additional Details
Asking Price
$7,999,000
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$49,000
Amenities
offices
kitchens
conference room
Building Details
Building Size
31,250 SF
Year Built
2024
Buildings
2
Listing Agency:
Rodeo Realty Inc
Listed By:
Eidel Moses · License #10401341307
(845) 323-9308
Source:
Bagshawre
Added: Aug 31
Changed: Oct 6
Last Checked: Oct 16 at 5:41AM
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 Rodeo Realty Inc
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Investment Insights
Based on property information with market context.
Completed in 2024, this industrial warehouse offers a 32-foot ceiling height and six loading docks to support receiving and distribution functions. The building also contains finished office areas, modern kitchens, and a conference room for administrative and operational needs.
The sale includes a separate residential property in addition to the industrial building, creating a combined commercial and residential offering.
The sale includes a separate residential property in addition to the industrial building, creating a combined commercial and residential offering.
Key Highlights
- 2024 construction
- 32‑foot ceiling height
- Six loading docks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$522,900
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,458,000
$10.5M
Cap Rate 7%
$7,470,000
$7.5M
Cap Rate 9%
$5,810,000
$5.8M
Market Conditions
NOI Build-Up for 31,250 SF
Gross rent
$840.0K $26.88/SF
− Vacancy
−$142.8K −$4.57/SF
EGI
$697.2K $22.31/SF
− OpEx
−$174.3K −$5.58/SF
NOI
$522.9K $16.73/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$26.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,458,000
Cap Rate 7%
$7,470,000
Cap Rate 9%
$5,810,000
Alternative Uses
Best Use
Office B
$7.47M
$6.54M – $8.72M
NOI $522,900 @ 7.0% cap · market cap 6.97%
Second Best
Warehouse
$4.42M
$3.87M – $5.16M
NOI $309,538 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$10.58M
$9.26M – $12.35M
NOI $740,880 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
32 ft
Clear height
6
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12549, NY
10,349
Population
3,918
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
93%
High-School Grad
38.7 sq mi
ZIP Area
267
Density / Sq Mi
$125,000
Median Household Income
$66,250
Median Earnings
$1,606
Median Rent
$377,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Newly constructed industrial space includes offices, kitchens, and a conference room.
Where is this warehouse located?
The property is located at 2265 State Route 17k Montgomery, NY.
What is the asking price?
The asking price for this property is $7,499,999.
What are key features of this property?
This property features: 2024 construction; 32‑foot ceiling height; Six loading docks
