Finished Metal Flex
7428 State Route 20A Bloomfield, NY 14469
7428 State Route 20A, Bloomfield, NY, 14469
$399,000
For Sale
$399,000
Fully finished metal building with open layout, radiant heated concrete floors, and garage bay access on 5 acres.
Property Size4,000 SF
Lot Size5.00 Acres
Price / SF$99.75
Days on Market77
Property Features for 7428 State Route 20A
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 5.00 Acres
- Property subtype
- Land / Agriculture
Building Details
- Year Built
- 2004
Listing agency
Greene Realty Group
(877) 222-0621
Listed by
Greene, Derek J · License #10371200613
(877) 222-0621
Source
Compass
Added: May 6 Updated: Jul 21 at 1:58PM Checked: Jul 21 at 1:58PM
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 Greene Realty Group
Investment Insights
Based on property information with market context.
This fully finished metal flex building offers an open floor plan with flexible, non-load-bearing interior walls. The space is insulated and drywalled with tall ceilings, radiant heated concrete floors, and a 200-amp electric service with utilities already in place. Access includes garage bay entry, and the building is supported by an accommodating on-site gravel parking area sized for freight trucks, trailers, equipment, and multiple vehicles.
The property is located along a well-traveled route with excellent visibility and accessibility. Outside, the 5-acre site includes a park-like mix of open and partially wooded land, along with mowed trails and fields that provide additional room for recreation and future development.
Overall, the configuration supports a wide range of light industrial, storage, or flexible workspace needs, with both interior versatility and outdoor space included.
The property is located along a well-traveled route with excellent visibility and accessibility. Outside, the 5-acre site includes a park-like mix of open and partially wooded land, along with mowed trails and fields that provide additional room for recreation and future development.
Overall, the configuration supports a wide range of light industrial, storage, or flexible workspace needs, with both interior versatility and outdoor space included.
Key Highlights
- Fully finished 4,000 SF metal building on 5 acres, built in 2004
- Open floor plan with flexible non‑load‑bearing interior walls and tall ceilings
- Radiant heated concrete floors, thermal windows, and fully finished interior with insulated/drywalled surfaces
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 | $37.9k | $9.48 |
| − Vacancy | −$2.8k | −$0.70 |
| EGI | $35.1k | $8.78 |
| − OpEx | −$5.3k | −$1.32 |
| NOI | $29.8k | $7.46 |
4,000 SF · lease $9.48/SF/yr · vacancy 7.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$426.4K
$373.1K – $497.5K
NOI $29,847 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$351.1K
$307.3K – $409.7K
NOI $24,580 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,808 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully finished metal building with open layout, radiant heated concrete floors, and garage bay access on 5 acres.
Where is this flex space located?
The property is located at 7428 State Route 20A Bloomfield, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully finished 4,000 SF metal building on 5 acres, built in 2004; Open floor plan with flexible non‑load‑bearing interior walls and tall ceilings; Radiant heated concrete floors, thermal windows, and fully finished interior with insulated/drywalled surfaces
