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    224 Main St Horseheads, NY 14845

    Sponsored
    For Sale
    $12,500,000

    Massive industrial warehouse, 88 acres, ideal investment.

    Property size:
    116,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 224 N Main Street in Horseheads, New York, presents a significant investment opportunity. The property encompasses a substantial 116,000 square feet of warehouse space distributed across five buildings, constructed in 2012. The expansive lot size totals 88.53 acres, including approximately 24.50 acres of concrete yard, providing ample space for operations and expansion. The warehouse features impressive ceiling heights ranging from 29 to 38 feet, accommodating a variety of industrial uses. The property boasts significant power capabilities, including heavy power and 3-phase electrical service. Further enhancing its functionality are two wash bays and a comprehensive crane system including one 10-ton crane, two 5-ton cranes, and one 2-ton crane. Approximately 30,000 square feet of office space is included, which incorporates locker rooms. This turnkey facility is offered at an asking price of $12,500,000 and is situated in Chemung County, NY, zip code 14845. The single-tenant occupancy presents a unique opportunity for a large-scale industrial operation or an investor seeking a high-yield asset. This property is ready for immediate occupancy.

    Property Features for 224 Main St

    General Information

    Property type
    Distribution properties
    Square Feet
    116,000 SF
    Lot Size
    3,856,367 SF

    Building Details

    Year Built
    2012
    Buildings
    5

    HighLights

    • 116,000 SF of warehouse space in five buildings.
    • 88.53‑acre lot, including 24.5 acres of concrete yard.
    • 30,000 SF of office space with locker rooms.
    • 29' to 38' clear ceiling height.
    • Heavy power and 3‑phase electrical service.
    • Two wash bays.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kayden Industries Electronics Manufacturer Air Contact Transport Trucking Company Mc Junkin Red ... Distribution Service Gas Field Specialists ... Oil & Natural Gas Company A W Farrell Roofing Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Horseheads
    County
    Chemung
    State
    New York
    Longitude
    -76.8233865
    Latitude
    42.1702072

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    FAQs

    What type of property is this?
    Distribution property - Massive industrial warehouse, 88 acres, ideal investment.
    Where is this distribution property located?
    The property is located at 224 Main St Horseheads, NY.
    What is the asking price?
    The asking price for this property is $12,500,000.
    What are key features of this property?
    This property features: 116,000 SF of warehouse space in five buildings.; 88.53-acre lot, including 24.5 acres of concrete yard.; 30,000 SF of office space with locker rooms.
    Request Owner's contact information
    224 Main St Horseheads, NY 14845
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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
    224 Main St Horseheads, NY 14845
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