7629 State Rte Bloomfield, NY 14469
This expansive industrial warehouse, situated on a 49.721-acre lot in Bloomfield, NY, presents a significant investment opportunity. The property, located at 7629 State Route 5 & 20, boasts 219,040 square feet of warehouse space, complemented by approximately 17,988 square feet of office space. Built in 1965 and extensively renovated in 2020, the facility features 18 loading docks and ceiling heights ranging from 14 to 17 feet. The warehouse benefits from a wet sprinkler system (dry in the machine shop) and compressed air throughout. Heating is provided in the warehouse, while the office space is air-conditioned. The property is zoned GI - General Industrial, offering flexibility for various uses. Its strategic location, approximately 30 minutes south of Rochester and 15 minutes east of I-390 Expressway (Exit 10), provides excellent access to transportation networks. This property is ideal for owner-occupants or investors seeking to subdivide for multiple industrial or manufacturing tenants. The asking price is $9,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.