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Property profile

38335 Silver Street Rd Theresa, NY 13691

OFF-MARKET
Refrigerated & Cold Storage
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2,400 SF 5.97 ac lot Built 2021

Property summary

AI-generated overview

This exceptional 2,400 square foot commercial building, constructed in 2021, sits on a spacious 5.97-acre lot in Theresa, NY. The property boasts a versatile design suitable for various uses, including flex space, refrigerated/cold storage, and storefront operations. Currently configured as a butcher shop, the building offers significant potential for a range of businesses. Features include easy-to-clean metal walls and concrete floors, two 12-foot garage doors, and a separate, sealed, and insulated walk-in cooler. The inviting entryway leads to a functional workspace, ideal for efficient operations. Ample parking is available, providing convenience for both employees and customers. The building's high-quality construction ensures durability and low maintenance. This turnkey property presents a unique opportunity for entrepreneurs seeking a well-equipped space to establish or expand their business. The asking price is $299,900. The seller is open to negotiating a separate price for the sale of the existing butcher shop business. This property is zoned for industrial, mixed-use, office, and retail purposes. The building is a single-story structure.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 2021
Total area 2,400 SF
Lot 5.97 ac (260,053 SF)

Cap rate & NOI

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

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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