0 Mcconnel Ave Prattsburgh, NY 14873
This exceptional industrial property in Prattsburgh, NY, presents a unique investment opportunity. Encompassing three buildings totaling 13,460 square feet on a 0.81-acre lot, this former manufacturing facility offers versatile usage potential. Building 1 boasts 5,588 square feet with a 14' x 12' at-grade door; Building 2 features 6,000 square feet, a 10.5' x 12' at-grade door, and an exterior loading dock; and Building 3 provides 1,872 square feet with an 11' x 9' at-grade door. All buildings have served manufacturing and storage purposes. Currently vacant, the property is priced at $145,000 ($10.77/sq ft and $48,333.33 per unit). The property lacks an on-site septic system; however, the town is actively expanding its public sewer infrastructure. Its convenient location, just 15 minutes from Exit 38 of I-86/I-390, makes it easily accessible. Ideal for various uses, including manufacturing, repair, or storage, this property is ready for a new owner to capitalize on its potential. The property is classified as Class C and includes one loading dock. This is a rare opportunity to acquire a well-situated industrial property at an attractive price point.
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.