Zicha Rd Howes Cave, NY 12157
- Warehouses
- 1,000,000 SF
- 100.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 0 Zicha Rd
- Lot size
- 100.00 lot acres
- Property size
- 1,000,000 SF
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 1,000,000-square-foot warehouse opportunity sits on a sprawling 100-acre lot in Schoharie County, New York, specifically located at 1 Zicha Road, Schoharie, NY 12157. The property boasts a highly desirable Commercial/Industrial zoning designation, allowing for a wide range of industrial uses, excluding heavy manufacturing. The asking price is $100,000,000, representing a compelling 7.00% capitalization rate. This property offers significant potential for immediate development or long-term investment. The site includes outdoor truck parking with a special use permit. As-of-right development allows for the construction of a 1,000,000 square foot warehouse. A custom-built warehouse could be constructed for an asking price of $110 per square foot, with a 24-month build-out. The property benefits from a strategic location, neighboring a 500,000-square-foot warehouse in a hybrid development and situated directly across the street from a new Flying J Truck Stop. This prime location offers excellent access to transportation and logistics networks, making it an ideal site for various industrial operations. The property is situated in Howes Cave, NY.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Howes Cave
- County
- Schoharie
- State
- New York
- Longitude
- -74.3162
- Latitude
- 42.719
