For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    High-Bay Distribution Warehouse For Sale Title is generated by Realmo AI

    767 Pierce Rd, Clifton Park, NY

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Conveniently located distribution warehouse with highway visibility and flexible access.

    Type:INDUSTRIAL
    Property size:
    97,890 SF
    Lot size:
    7.10 Acres
    Price / SF:
    $91/SF
    Added:
    Aug 14, 2024
    Days on Market:
    667
    Last Refresh:
    May 20 at 9:38 pm

    Property Features for 767 Pierce Rd

    General Information

    Standard status
    Active
    Size
    97,890 SF
    Lot size
    7.10 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 767 Pierce Rd Contact us

    We can help!

    Listing Contact
    Tyler Culberson
    Tyler Culberson

    Listing agent Tyler Culberson License #10401200967

    Listing office Standard Brokerage Company

    Listing date Aug 14, 2024

    Source Moodyscre

    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 Standard Brokerage Company

    HighLights

    • Direct access to I‑87 (Exit 10).
    • Benefit from 25‑foot clear heights.
    • Features 6 dock height doors and 2 drive‑in doors (including one 14’ x 22’ door).
    • 75,325 SF Available.
    • Enjoy highway visibility.
    • Available for lease.

    Overview

    This 97890-square-foot high-bay distribution warehouse is conveniently positioned directly off Exit 10 of I-87. The space boasts 25-foot clear heights, along with 6 dock-height doors and 2 drive-in doors, including one expansive 14’ x 22’ door, accommodating a wide range of operations. It is situated in the desirable Exit 10 corridor off Interstate 87, under 1 mile to Interstate 87 with highway visibility. The property is also available for lease.

    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 $928.0k $9.48
    − Vacancy −$63.1k −$0.64
    EGI $864.9k $8.84
    − OpEx −$129.7k −$1.33
    NOI $735.2k $7.51
    97,890 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $10.50M
    $9.19M – $12.25M (±1% cap)
    NOI $735,159 @ 7.0% cap · market cap 8.17%
    Second Best
    Industrial
    $8.65M
    $7.57M – $10.09M (±1% cap)
    NOI $605,425 @ 7.0% cap · market cap 6.73%
    Theoretical Best
    Office A
    $29.30M
    $25.64M – $34.18M (±1% cap)
    NOI $2,050,991 @ 7.0% cap · market cap 22.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    MD&A Parts Industrial Manufacturer M D & A Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Hair Salon Auto Repair Shop Big Box & Wholesale Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clifton Park
    County
    Saratoga
    State
    New York
    Longitude
    -73.7865
    Latitude
    42.8995

    FAQs

    What type of property is this?
    Distribution center - Conveniently located distribution warehouse with highway visibility and flexible access.
    Where is this distribution center located?
    The property is located at 767 Pierce Rd Clifton Park, NY.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: Direct access to I‑87 (Exit 10).; Benefit from **25‑foot clear heights.**; Features **6 dock height doors and 2 drive‑in doors** (including one 14’ x 22’ door).
    (518) 857-0586 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message