2644 Ny-13, Cortland, NY 13045
This 9,232 square foot warehouse, situated on a 1.73-acre lot at 2644 NY-13 in Cortland, New York (zip code 13045), presents a unique investment opportunity. The property, built in 1975, consists of two single-story buildings totaling 9,232 square feet and is currently vacant. Classified as a Class C industrial property, it offers significant flexibility for various uses. The layout allows for adaptation to diverse needs, from large-scale warehousing to smaller workshops or office spaces. The expansive lot provides additional space for future development, should the buyer desire expansion. The property's convenient location directly on Route 13 offers excellent accessibility. While previously used as a wood shop, the space is being cleared, and remaining equipment is potentially negotiable as part of the sale. The asking price for this owner-user investment is $239,000.
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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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.