419 State Rt 17B, Monticello, NY 12701
This exceptional investment opportunity presents a 76,275-square-foot industrial property in Monticello, New York. The property consists of six buildings situated on multiple parcels (APN: 4689-018-0-0001-004-001 and 4689-018-0001-085-000), offering ample space for a variety of uses. Currently vacant, the property is zoned CI/RR1, allowing for versatile operational potential. Its prime location in the New York area ensures excellent accessibility and exposure. The property boasts modern, well-maintained infrastructure, including high-capacity utilities and power, dedicated loading docks, and efficient layout for streamlined operations. The substantial square footage provides significant expansion potential, making it ideal for businesses requiring extensive warehouse and storage facilities. The asking price is $9,000,000, translating to $117.99 per square foot. This turnkey opportunity includes all equipment, forklifts, yard equipment, furniture, fixtures, and equipment. Inventory will be sold separately at closing. This is a rare chance to acquire a substantial industrial property in a desirable location with significant growth potential. The property is classified as Class A and is suitable for various industrial and manufacturing operations.
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
Similar Nearby for Lease
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.