126 Industrial Park Dr Frankfort, NY 13340
- Manufacturing properties
- 65,100 SF
- 9.80 lot acres
Current Use by Public Records
- Northern Safety Custom Express Shop / Safety Equipment Supplier / Industrial Equipment Supplier
Property Details for 126 Industrial Park Dr
- Year built
- 1993
- Lot size
- 9.80 lot acres
- Property size
- 65,100 SF
- Zone code
- R
- Property type
- Manufacturing properties
- APN
- 212689 104.3-1-27.8
- APU
- 21268910431278
Description
This exceptional 61,500 square foot flex building, situated on 9.8 acres in Herkimer County, presents a unique investment opportunity. Located at 126 Industrial Park Drive, Frankfort, New York, this single-tenant property boasts a newly renovated interior, offering a blend of modern office and warehouse space. The building features a desirable Butler style construction, incorporating approximately 30,000 square feet of climate-controlled office space, perfectly suited for administrative functions or creative work environments. In addition, there is approximately 35,100 square feet of warehouse/manufacturing space, complemented by a studio and gym, catering to a diverse range of business needs. The property's functionality is further enhanced by three dock-level loading doors and three ground-level overhead doors, ensuring efficient loading and unloading operations. The site is strategically prepared for future expansion, with a pad already in place, offering significant potential for growth and adaptation to evolving business requirements. This property is an excellent choice for businesses seeking a versatile and well-equipped space in a convenient location. The combination of modern amenities, ample space, and expansion potential makes this an attractive proposition for a variety of industrial and commercial enterprises.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $880,000
- 6.5%
- $925,000
- 7%
- $875,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $840,000
- Geo Method
- $800,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $880,000
- Mixed-Use
- $765,000
- Hospitality
- $870,000
- Educational
- $810,000
- Residential Income
- $875,000
- Energy
- $900,000
- Income-Based Land
- $755,000
- Food Service
- $855,000
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Herkimer
- State
- New York
- Longitude
- -75.1806
- Latitude
- 43.0761
- CBSA code
- 46540
- CBSA name
- UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
