High-Bay Distribution
For Sale
Contact for pricing
767 Pierce Rd, Clifton Park, NY 12065
High-bay distribution warehouse with 25-foot clear height, six dock doors, and two drive-in doors off I-87 Exit 10.
Property Size97,890 SF
Price / SF$91.94
Days on Market808
Property Features for 767 Pierce Rd
General Information
Standard status
Active
Size
97,890 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
25 ft
Dock-High Doors
6
Drive-In Doors
2
Listing Agency:
Standard Brokerage Company
(518) 618-0590
Listed By:
Tyler Culberson · License #10401200967
(518) 857-0586
Source:
Moodyscre
Added: Aug 14, 2024
Changed: Oct 25
Last Checked: Oct 30 at 3:03PM
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
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Investment Insights
Based on property information with market context.
High-bay distribution warehouse space positioned directly off I-87 Exit 10. The facility offers 25-foot clear heights, with 6 dock height doors and 2 drive-in doors. One of the drive-in doors is an expansive 14’ x 22’ door, supporting a wide range of distribution and warehouse operations. The space is available for sale or lease.
The property is located in the Exit 10 corridor off Interstate 87, with highway visibility and access to I-87 within 1 mile.
With its combination of high clear height and multiple loading options, the space is well suited for tenants seeking efficient distribution functionality and flexible receiving capabilities.
The property is located in the Exit 10 corridor off Interstate 87, with highway visibility and access to I-87 within 1 mile.
With its combination of high clear height and multiple loading options, the space is well suited for tenants seeking efficient distribution functionality and flexible receiving capabilities.
Key Highlights
- Off I‑87 Exit 10 with highway visibility
- 25‑foot clear height high‑bay warehouse space
- 6 dock height doors plus 2 drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$735,159
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,703,180
$14.7M
Cap Rate 7%
$10,502,271
$10.5M
Cap Rate 9%
$8,168,433
$8.2M
Market Conditions
NOI Build-Up for 97,890 SF
Gross rent
$928.0K $9.48/SF
− Vacancy
−$63.1K −$0.64/SF
EGI
$864.9K $8.84/SF
− OpEx
−$129.7K −$1.33/SF
NOI
$735.2K $7.51/SF
Area
Saratoga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,703,180
Cap Rate 7%
$10,502,271
Cap Rate 9%
$8,168,433
Alternative Uses
Best Use
Warehouse
$10.50M
$9.19M – $12.25M
NOI $735,159 @ 7.0% cap · market cap 8.17%
Second Best
Industrial
$8.65M
$7.57M – $10.09M
NOI $605,425 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$29.30M
$25.64M – $34.18M
NOI $2,050,991 @ 7.0% cap · market cap 22.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
25 ft
Clear height
6
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 12065, NY
43,893
Population
19,506
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
95%
High-School Grad
35.1 sq mi
ZIP Area
1,251
Density / Sq Mi
$115,681
Median Household Income
$61,692
Median Earnings
$1,419
Median Rent
$356,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Distribution center - High-bay distribution warehouse with 25-foot clear height, six dock doors, and two drive-in doors off I-87 Exit 10.
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: Off I‑87 Exit 10 with highway visibility; 25‑foot clear height high‑bay warehouse space; 6 dock height doors plus 2 drive‑in doors
