68 Harrison St Gloversville, NY 12078
- Manufacturing properties
- 88,984 SF
- 7.10 lot acres
Current Use by Public Records
- Somerset Dyeing & Finishing Inc / Mill
Property Details for 68 Harrison St
- Year built
- 1975
- Lot size
- 7.10 lot acres
- Property size
- 88,984 SF
- Zone code
- M2
- Property type
- Manufacturing properties
- APN
- 170500 163.5-6-2.1
- APU
- 1705001635621
Description
This exceptional industrial property, located at 68 Harrison Street in Gloversville, NY, presents a significant investment opportunity. The 33,000 square foot building sits on a generous 3.5-acre lot and is zoned for light manufacturing, offering versatility for a range of industrial uses. Built in 1975, the single-story structure boasts a 16-foot ceiling height, providing ample vertical space for storage or operations. The property features two loading docks and one drive-in door, ensuring efficient loading and unloading. An additional 1,500 square feet of office space is included, providing comfortable administrative areas. The property is offered at $1,350,000, with a price per square foot of $40.91. The lease type is NNN (Net, Net, Net), and the tenancy is single. Conveniently located in Fulton County, NY, zip code 12078, this property benefits from an easement granting access to adjacent buildings owned by a related company. This well-maintained facility is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a functional and strategically located industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $600,000
- 7%
- $630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $560,000
- Retail
- $575,000
- Mixed-Use
- $595,000
- Hospitality
- $540,000
- Educational
- $630,000
- Residential Income
- $580,000
- Energy
- $480,000
- Income-Based Land
- $595,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Gloversville
- County
- Fulton
- State
- New York
- Longitude
- -74.3544
- Latitude
- 43.0291
- CBSA code
- 24100
- CBSA name
- GLOVERSVILLE, NY MICROPOLITAN STATISTICAL AREA