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Police-Occupied Office Building

3250 Watkins Road, Horseheads, NY 14845

For Sale
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New York State Police tenancy dates to 1986.

Property SizeContact for details
Days on Market18

Property Features for 3250 Watkins Road

General Information

Standard status Active
Property subtype Office

Additional Details

Cap Rate 9%
Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Ethan Edmiston · License TN #367442
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 12 at 5:23AM

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 Matthews

Rey
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Investment Insights

Based on property information with market context.

The office building at 3250 Watkins Road in Horseheads, New York, is occupied by the New York State Police, with tenancy dating to 1986. The property carries a 9% cap rate.

Key Highlights

  • New York State Police tenant since 1986
  • 9% cap rate

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

State Police Department Police Department

Suggested Use

Top Pick Parking Lot & Garage Building Supply Plumbing Service Hair Salon Grocery & Convenience Store Furniture & Home Goods

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 14845, NY

20,628
Population
9,370
Households
2.2
Avg Household Size
46
Median Age
35%
College-Educated
96%
High-School Grad
78.2 sq mi
ZIP Area
264
Density / Sq Mi
$76,617
Median Household Income
$45,909
Median Earnings
$1,175
Median Rent
$183,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Chemung County, NY

$73.13 Jul
$80.76 Aug
$70.43 Sep
$79.61 Oct

Properties on Market for Office buildings in Chemung County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - New York State Police tenancy dates to 1986.
Where is this office building located?
The property is located at 3250 Watkins Road Horseheads, NY.
What is the asking price?
The asking price for this property is $634,811.
What are key features of this property?
This property features: New York State Police tenant since 1986; 9% cap rate
(240) 744-4193 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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