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Property profile & analytics
OFF-MARKET
Industrial properties

Us Route 11 Hastings, NY 13076

2,928 SF 200 ac lot Built 1994
Property ID
Property summary
AI-generated overview

This exceptional 200-acre site in Hastings, NY, presents a unique investment opportunity. Located on US Route 11, it boasts unparalleled access to major transportation arteries, including proximity to a major interstate on-ramp (less than 1.5 miles) and existing rail lines. The property's 2,928 square feet of existing industrial space provides a solid foundation for immediate development or expansion. Its strategic location offers significant advantages for businesses seeking a presence near the Micron Fab manufacturing facility (within minutes' drive). The municipality is pro-development, streamlining the approval process for various projects. This versatile site is ideal for a wide range of commercial, industrial, or manufacturing uses, including distribution centers or office complexes. Beyond commercial applications, the expansive acreage presents a compelling opportunity for high-density residential development, with the potential to create a substantial multi-unit housing community. Full utilities are available, making this a turnkey solution for developers. The asking price of $9,500,000 reflects the exceptional value and potential of this strategically located property. This is a rare chance to acquire a large-scale site with significant upside potential in a thriving area. The property is also listed as Lot/Land under S1521167.

Property profile
Verified
Property type Industrial properties
Year built 1994
Total area 2,928 SF
Lot 200 ac (8,712,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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