Auburn Manufacturing Facility For
For Sale
$2,999,000
4000 Technology Park Boulevard, Auburn, NY 13021
35,800 sq ft manufacturing facility on 3.7 acres.
Property Size35,800 SF
Lot Size3.70 Acres
Price / SF$83.77
Days on Market154
Property Features for 4000 Technology Park Boulevard
General Information
Standard status
Active
Size
35,800 SF
Lot size
3.70 Acres
Building Details
Year Built
1989
Listing Agency:
The Real Estate Agency
Listed By:
Matthew Chalanick · License #10371200877
(315) 604-0718
Source:
Skinnercnyrealty
Added: May 9
Changed: Sep 13
Last Checked: Oct 7 at 1:05PM
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 The Real Estate Agency
Investment Insights
Based on property information with market context.
This commercial property in Auburn offers an expansive 35,800 sq ft manufacturing facility situated on a 3.7-acre lot. The property is currently operating as a manufacturing site and is well-suited for continued industrial use or potential redevelopment. The building provides substantial space for production, warehousing, and distribution, with the flexibility to accommodate a variety of business operations. The sale includes the business and all existing equipment, allowing for a seamless transition for the next owner. This high-exposure location features dual road frontage, maximizing signage potential and traffic exposure. It is ideal for manufacturing, distribution, or a variety of commercial uses. The property is strategically located with access to regional transportation routes, presenting a unique investment or owner-user opportunity in a growing market.
Key Highlights
- Expansive 35,800 sq ft manufacturing facility on a 3.7‑acre lot.
- Sale includes the business and all existing equipment for a seamless transition.
- High‑exposure location with dual road frontage, maximizing signage potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$221,414
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,428,280
$4.4M
Cap Rate 7%
$3,163,057
$3.2M
Cap Rate 9%
$2,460,156
$2.5M
Market Conditions
NOI Build-Up for 35,800 SF
Gross rent
$339.4K $9.48/SF
− Vacancy
−$23.1K −$0.64/SF
EGI
$316.3K $8.84/SF
− OpEx
−$94.9K −$2.65/SF
NOI
$221.4K $6.18/SF
Area
Cayuga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,428,280
Cap Rate 7%
$3,163,057
Cap Rate 9%
$2,460,156
Alternative Uses
Best Use
Industrial
$3.16M
$2.77M – $3.69M
NOI $221,414 @ 7.0% cap · market cap 7.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.93M
$6.94M – $9.26M
NOI $555,387 @ 7.0% cap · market cap 18.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 35,800 sq ft manufacturing facility on 3.7 acres.
Where is this manufacturing property located?
The property is located at 4000 Technology Park Boulevard Auburn, NY.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Expansive 35,800 sq ft manufacturing facility on a 3.7‑acre lot.; Sale includes the business and all existing equipment for a seamless transition.; High‑exposure location with dual road frontage, maximizing signage potential.
