Property profile

839 Ny-13 Cortland, NY 13045

OFF-MARKET
Warehouses
420,000 SF 49.75 ac lot
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Property summary

AI-generated overview

This exceptional Cortland, NY industrial property, known as the Cortland Commerce Center, offers a substantial 215,500 square feet of immediately available warehouse space. The single-story building sits on a generous 49.75 acres and features a 18-foot ceiling height with 20' x 40' column spacing, providing ample room for various industrial operations. The property boasts excellent loading capabilities with 12 interior loading docks strategically located in three separate areas for efficient workflow, supplemented by three 16'W x 12'H drive-in doors. The space includes 3,200 square feet of office space. The entire facility is equipped with a wet sprinkler system, ensuring optimal safety and security. The minimum divisible space is 5,000 square feet, allowing for flexibility to accommodate businesses of varying sizes, with a maximum contiguous space of 215,500 square feet. The property is located at 839 NY-13, Cortland, NY 13045. Lease rates are net of utilities and include a pro rata share of taxes. This prime location and expansive space present a unique opportunity for businesses seeking a large-scale warehouse solution in Cortland, New York.

Property profile

Verified
Property type Warehouses
Total area 420,000 SF
Lot 49.75 ac (2,167,110 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

839 Ny-13 Cortland, NY 13045
Cortland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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