Flex Industrial Facility with Rail
For Sale
Contact for pricing
7593 State Rte 20, Waterville, NY 13480
Configured for warehouse and manufacturing operations with office support, loading infrastructure, and substantial acreage for operational needs.
Property Size14,000 SF
Price / SF$67.50
Days on Market13
Property Features for 7593 State Rte 20
General Information
Standard status
Active
Size
14,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
Cushman & Wakefield | Pyramid Brokerage - Utica
(315) 225-8571
Listed By:
Kimberly Boynton · License #10401380704
(315) 882-1178
Source:
Moodyscre
Added: Jul 24
Changed: Jul 31
Last Checked: Aug 5 at 4:57AM
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 Cushman & Wakefield | Pyramid Brokerage - Utica
Investment Insights
Based on property information with market context.
This flex industrial property includes a 14,000-square-foot main building and a separate 1,600-square-foot storage building on 12.51 acres. The main building combines office space, a training room, break room, warehouse area, and manufacturing space. The primary warehouse and manufacturing areas feature 16-foot clear heights, three grade-level drive-in doors, and two dock-level doors.
The property has municipal water, private sewer, and 3-phase 480-volt electric service. Rail access is supported by a maintained rail track inside the building, with a sidetrack agreement in place. The acreage provides space for parking, outdoor yard use, or building expansion. The property is located on US Route 20 with access to major highways.
The property has municipal water, private sewer, and 3-phase 480-volt electric service. Rail access is supported by a maintained rail track inside the building, with a sidetrack agreement in place. The acreage provides space for parking, outdoor yard use, or building expansion. The property is located on US Route 20 with access to major highways.
Key Highlights
- 14,000 SF main building plus 1,600 SF storage building on 12.51 acres
- Warehouse and manufacturing areas feature 16' clear heights
- Three grade‑level drive‑in doors and two dock‑level doors
Financial Insights For Industrial
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 | $132.7k | $9.48 |
| − Vacancy | −$9.0k | −$0.64 |
| EGI | $123.7k | $8.84 |
| − OpEx | −$37.1k | −$2.65 |
| NOI | $86.6k | $6.18 |
14,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,706 @ 7.0% cap · market cap 11.19%
Second Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $105,141 @ 7.0% cap · market cap 11.13%
Theoretical Best
Office A
$3.69M
$3.23M – $4.30M
NOI $258,250 @ 7.0% cap · market cap 27.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13480, NY
3,231
Population
1,436
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
96%
High-School Grad
54.8 sq mi
ZIP Area
59
Density / Sq Mi
$78,125
Median Household Income
$43,866
Median Earnings
$880
Median Rent
$168,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Configured for warehouse and manufacturing operations with office support, loading infrastructure, and substantial acreage for operational needs.
Where is this flex space located?
The property is located at 7593 State Rte 20 Waterville, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: 14,000 SF main building plus 1,600 SF storage building on 12.51 acres; Warehouse and manufacturing areas feature 16' clear heights; Three grade‑level drive‑in doors and two dock‑level doors
