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    49 Kroeger Rd Monticello, NY 12701

    Sponsored
    For Sale
    $10,000,000

    500,000 SF Warehouse, Ready to Build

    Property size:
    500,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 500,000-square-foot warehouse opportunity is situated on a 63-acre site in Monticello, New York, boasting unparalleled access to Interstate 86 via Exit 107. The property, with APN 32-2-8.1, is fully engineered and approved by the Town of Thompson planning board, eliminating lengthy permitting delays. The approved plans include a 500,000-square-foot building featuring 69 loading docks and ample trailer parking for 67 units. The design allows for 35-foot ceiling heights without requiring variances. Essential infrastructure is in place, including on-site water, stormwater, and sewer systems. The site has undergone significant clearing, and all baseline engineering—including surveys, topography, wetlands assessments, and traffic studies—is complete. Minimal off-site improvements are needed, making this a highly cost-effective development project. The property is zoned CI and is offered at $10,000,000 ($20/sq ft). Economic incentives are available. Note that an adjacent 83-acre parcel, separately owned, is also engineered for a 130,000-square-foot building. This prime location and fully approved plans present a rare opportunity for immediate development.

    Property Features for 49 Kroeger Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    500,000 SF

    HighLights

    • $10,000,000 asking price for a 500,000 square foot warehouse.
    • Located at 49 Kroeger Rd, Monticello, NY 12701 (APN: 32‑2‑8.1).
    • Fully engineered and approved 500,000 SF warehouse on a 63‑acre site.
    • Excellent interstate access via NYS Route 17/I‑86, Exit 107.
    • Features 69 loading docks and 67 trailer parking spaces, with 35' ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Electrical Service Daycare Center Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Monticello
    County
    Sullivan
    State
    New York
    Longitude
    -74.6289704
    Latitude
    41.634684

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    FAQs

    What type of property is this?
    Distribution property - 500,000 SF Warehouse, Ready to Build
    Where is this distribution property located?
    The property is located at 49 Kroeger Rd Monticello, NY.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: $10,000,000 asking price for a 500,000 square foot warehouse.; Located at 49 Kroeger Rd, Monticello, NY 12701 (APN: 32-2-8.1).; Fully engineered and approved 500,000 SF warehouse on a 63-acre site.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49 Kroeger Rd Monticello, NY 12701
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