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Property profile & analytics
OFF-MARKET
Manufacturing properties

1 Mechanic St Hoosick Falls, NY 12090-1011

12,720 SF 15.02 ac lot Built 1982
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-0421054
Property summary
AI-generated overview

This exceptional 73,000-square-foot industrial property, located at 1 Mechanic Street in Hoosick Falls, New York, presents a significant opportunity for manufacturing or warehousing operations. Situated on a spacious 15.02-acre lot, this single-tenant building boasts a desirable location with convenient access to Route 7, making it an ideal distribution hub for Eastern New York, Southern Vermont, and Western Massachusetts. Constructed in 1984 and renovated in 1996, the building is zoned DC - Industrial, ensuring flexibility for a variety of uses. The property features six loading docks, one dock-high door, and ample parking for 50 vehicles. Its single-story design optimizes efficiency and workflow. This is one of the largest single-story manufacturing/distribution facilities in Eastern Rensselaer County, offering significant space and strategic access to key transportation routes. The property's size and location make it a compelling investment for businesses seeking a substantial and well-maintained industrial space in a prime location. The building's 1996 renovation ensures modern functionality, while its substantial size provides ample room for growth and expansion. This is a rare opportunity to acquire a significant industrial asset in a thriving area. The property's zoning allows for a variety of industrial uses, providing flexibility for future business needs.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1982
Total area 12,720 SF
Lot 15.02 ac (654,271 SF)
APN 382801 27.15-1-2.1
UPID US63-0421054
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thiem Associates LLC · 4 yrs held
Thiem Associates LLC
since 2021
Last sale
$300,000
2 recorded transactions
2021
$300,000
2019
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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