Property profile

419 State Rt 17B Monticello, NY 12701

OFF-MARKET
Retail properties & Spaces
76,275 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 76,275 SF

Cap rate & NOI

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

Location

419 State Rt 17B Monticello, NY 12701
Monticello metro
Google Maps

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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