751 Concourse Vlg The Bronx, NY 10451
- Auto shops
- 30,400 SF
- 0.35 lot acres
Current Use by Public Records
- LAZ Parking / Parking Lot
Property Details for 751 Concourse Vlg
- Year built
- 1930
- Lot size
- 0.35 lot acres
- Property size
- 30,400 SF
- Zone code
- C8-3
- Property type
- Auto shops
- APN
- 02458-0132
- APU
- 24580132
Description
This exceptional industrial property, located at 751 Concourse Village West in the Bronx, New York (zip code 10451), offers a substantial 30,400 square feet of warehouse space. Currently, 15,200 square feet is available for lease, presenting a unique opportunity for a single tenant. The building is a two-story structure boasting three convenient drive-in doors, significantly enhancing loading and unloading efficiency. Its strategic location provides easy access to I-87, a major transportation artery, ensuring seamless logistics and distribution. The property is classified as an industrial warehouse and is situated in Bronx County. The available space is highly divisible, offering flexibility to accommodate various business needs and sizes. This prime commercial corner building presents a compelling opportunity for businesses seeking a well-located, functional, and spacious warehouse in a thriving area of The Bronx. The building's size and features make it ideal for a variety of industrial uses. The ample available square footage and convenient access to major roadways make this a highly desirable location for businesses seeking efficient operations and strategic distribution capabilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $885,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $845,000
- 6.5%
- $730,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $810,000
- Geo Method
- $860,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $825,000
- Retail
- $655,000
- Mixed-Use
- $835,000
- Hospitality
- $690,000
- Educational
- $790,000
- Residential Income
- $865,000
- Energy
- $735,000
- Income-Based Land
- $745,000
- Food Service
- $895,000
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.9235
- Latitude
- 40.8234
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA