0 Zicha Rd Howes Cave, NY 12157

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.