Multi-Temperature Distribution
For Sale
$7,499,000
80 Davis Pkwy, Clyde, NY 14433
Vacant cold storage facility with high-bay warehouse space, dock access, reinforced flooring, and dedicated emergency power.
Property Size50,000 SF
Days on Market51
Property Features for 80 Davis Pkwy
General Information
Standard status
Active
Size
50,000 SF
Property subtype
Industrial - Warehouse/Distribution
Building Details
Building Size
50,000 SF
Year Built
1997
Year Renovated
2015
Stories
1
Listing Agency:
Coldwell Banker Commercial Custom Realty
Listed By:
Connor Magee
(585) 671-1111
Source:
Commercialcafe
Added: Jul 30
Changed: Sep 16
Last Checked: Sep 18 at 4:10AM
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 Coldwell Banker Commercial Custom Realty
Investment Insights
Based on property information with market context.
This vacant 50,000-square-foot distribution facility occupies a 5.0-acre site with room for truck circulation and employee parking. The property includes a 38,000-square-foot high-bay warehouse with 40-foot clear heights, an 8-inch reinforced concrete floor, six loading docks, and three drive-in doors. Three loading docks are equipped with radiant heat. The facility was purpose-built for cold storage and distribution, with advanced refrigeration infrastructure, 400-amp 3-phase power, 480V/277V electrical service, and the ability to upgrade to 800 amps. A dedicated emergency generator, fully sprinklered wet suppression system, municipal water and sewer, and 40+ parking spaces support industrial operations.
Located between Rochester and Syracuse, the property is 9.4 miles from Interstate 90 and provides access to both Upstate New York markets. The facility is available immediately and supports cold storage, food processing, beverage logistics, agriculture, pharmaceutical, and industrial distribution uses.
Located between Rochester and Syracuse, the property is 9.4 miles from Interstate 90 and provides access to both Upstate New York markets. The facility is available immediately and supports cold storage, food processing, beverage logistics, agriculture, pharmaceutical, and industrial distribution uses.
Key Highlights
- 50,000 SF multi‑temperature distribution facility on a 5.0‑acre site
- 38,000 SF high‑bay warehouse with 40' clear heights
- 6 loading docks, including 3 equipped with radiant heat
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$375,503
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,510,060
$7.5M
Cap Rate 7%
$5,364,329
$5.4M
Cap Rate 9%
$4,172,256
$4.2M
Market Conditions
NOI Build-Up for 50,000 SF
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.
Gross rent
$474.0K $9.48/SF
− Vacancy
−$32.2K −$0.64/SF
EGI
$441.8K $8.84/SF
− OpEx
−$66.3K −$1.33/SF
NOI
$375.5K $7.51/SF
Area
Wayne 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,510,060
Cap Rate 7%
$5,364,329
Cap Rate 9%
$4,172,256
Alternative Uses
Best Use
Warehouse
$5.36M
$4.69M – $6.26M
NOI $375,503 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$4.42M
$3.87M – $5.15M
NOI $309,238 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$13.47M
$11.79M – $15.71M
NOI $942,840 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 14433, NY
4,707
Population
1,784
Households
2.6
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
66.8 sq mi
ZIP Area
70
Density / Sq Mi
$67,656
Median Household Income
$41,278
Median Earnings
$773
Median Rent
$101,000
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?
Refrigerated & cold storage - Vacant cold storage facility with high-bay warehouse space, dock access, reinforced flooring, and dedicated emergency power.
Where is this refrigerated & cold storage located?
The property is located at 80 Davis Pkwy Clyde, NY.
What is the asking price?
The asking price for this property is $7,499,000.
What are key features of this property?
This property features: 50,000 SF multi‑temperature distribution facility on a 5.0‑acre site; 38,000 SF high‑bay warehouse with 40' clear heights; 6 loading docks, including 3 equipped with radiant heat
