Class A Industrial
152 Corporate Dr Oneonta, NY 13820
152 Corporate Dr, Oneonta, NY, 13820
Contact for pricing
For Sale
Contact for pricing
22,389 SF Class A industrial space for sale.
Property Size22,389 SF
Lot Size4.60 Acres
Price / SF$99.16
Days on Market2972
Property Features for 152 Corporate Dr
General Information
- Standard status
- Active
- Size
- 22,389 SF
- Lot size
- 4.60 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing Agency
Cushman & Wakefield Pyramid Brokerage Company, Inc - Latham, New York
Listed by
Jeffrey D'Amore, SIOR · License #NY 10311208356
Source
Crexi
Added: May 29, 2018 Checked: Jul 16 at 6:46 am
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 Company, Inc - Latham, New York
Investment Insights
Based on property information with market context.
This Class A industrial space offers up to 22,389 square feet suitable for warehouse, distribution, or manufacturing uses. The stand-alone building features a 40-foot clear height, four truck-height loading docks, and ample power. Situated on a 4.6-acre parcel, the property allows for an additional 51,663 square feet of expansion. The landlord will consider demising the space down to 10,000 square feet. The property is available for sale or lease.
Key Highlights
- Up to 22,389 SF of Class A Industrial Space
- Benefit from a 40' Clear Height
- Features 4 Truck Height Loading Docks
Local 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 | $212.2k | $9.48 |
| − Vacancy | −$14.4k | −$0.64 |
| EGI | $197.8k | $8.84 |
| − OpEx | −$59.3k | −$2.65 |
| NOI | $138.5k | $6.18 |
22,389 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.89M
$3.41M – $4.54M
NOI $272,614 @ 7.0% cap · market cap 12.28%
Second Best
Industrial
$1.98M
$1.73M – $2.31M
NOI $138,470 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$6.17M
$5.40M – $7.20M
NOI $432,018 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Warehouse - 22,389 SF Class A industrial space for sale.
Where is this warehouse located?
The property is located at 152 Corporate Dr Oneonta, NY.
What is the asking price?
The asking price for this property is $2,220,000.
What are key features of this property?
This property features: Up to 22,389 SF of Class A Industrial Space; Benefit from a 40' Clear Height; Features 4 Truck Height Loading Docks