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    364 Industrial Park Dr Binghamton, NY 13904

    • Truck terminals
    • 11,325 SF
    • 3.50 lot acres
    For Lease
    View listing
    $8 SF/Yr
    Value Estimation
    $1,035,000
    Last Sale
    Aug 30, 2021
    $1,150,000
    Location Intelligence
    Property ID
    US63-2236871
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Truck terminals

    Property Details for 364 Industrial Park Dr

    Year built
    1960
    Lot size
    3.50 lot acres
    Property size
    11,325 SF
    Property type
    Truck terminals
    APN
    033400 162.01-1-7
    APU
    334001620117

    Description

    This exceptional 11,835-square-foot cross-dock truck terminal is ideally situated at the entrance to Kirkwood Industrial Park in Binghamton, New York. Boasting immediate access to Interstate 81, this single-story building offers unparalleled connectivity to major transportation routes, making it a strategic location for distribution businesses serving New York, Pennsylvania, and New England. The property features 26 loading docks and 1 drive-in door, ensuring efficient and seamless operations. With a generous 14-foot ceiling height, the warehouse space is well-suited for a variety of distribution needs. The expansive 3.5-acre lot provides ample room for maneuvering and potential future expansion. Located in Broome County, this property presents a rare opportunity to secure a high-quality, strategically located industrial space. The entire 11,835 square feet is currently available for lease. This prime location offers easy access to key markets, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The property's size and features make it suitable for a range of distribution operations, from warehousing and fulfillment to last-mile delivery. The address is 364 Industrial Park Drive, Binghamton, NY 13904.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,130,000
      6.5%
      $1,190,000
      7%
      $1,125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $975,000
      Geo Method
      $1,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,080,000
      Retail
      $1,225,000
      Mixed-Use
      $1,245,000
      Hospitality
      $1,055,000
      Educational
      $1,095,000
      Residential Income
      $970,000
      Energy
      $1,195,000
      Income-Based Land
      $1,025,000
      Food Service
      $1,170,000

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8308
    Latitude
    42.1037
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $209,200
    $340,800
    $550,000
    -
    $342,951
    $558,688
    $901,639

    Comparable in this City

    • Value Estimation by Request
      85,500 SF

      28 Trak Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 85,500 SF
      28 Trak Dr, Binghamton, NY 13904-2717
      View Details
    • Value Estimation by Request
      447,440 SF

      265 Industrial Park Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 447,440 SF
      265 Industrial Park Dr, Binghamton, NY 13904-3225
      View Details
    • Value Estimation
      $2,045,000
      13,440 SF

      85 Industrial Park Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 13,440 SF
      85 Industrial Park Dr, Binghamton, NY 13904
      View Details
    • Value Estimation
      $265,000
      5,840 SF

      27 Alice St

      TRUCK TERMINAL (MOTOR FREIGHT) • 5,840 SF
      27 Alice St, Binghamton, NY 13904
      View Details
    • Value Estimation
      $395,000
      11,110 SF

      26 Trak Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 11,110 SF
      26 Trak Dr, Binghamton, NY 13904-2717
      View Details
    • Value Estimation by Request
      33,250 SF

      5 Pne Cp Dr

      TRUCK TERMINAL (MOTOR FREIGHT) • 33,250 SF
      5 Pne Cp Dr, Binghamton, NY 13904-3109
      View Details

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    Binghamton, NY 13904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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