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Property profile & analytics
OFF-MARKET Estimated value $1,915,000
Office buildings

10 Carriage St PVT Honeoye Falls, NY 14472-1039

80,736 SF 12.41 ac lot Built 1990
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US63-2461267
Property summary
AI-generated overview

This exceptional 30,900-square-foot industrial property, located at 10 Carriage Street in Honeoye Falls, New York, 14472, presents a unique opportunity for research and development in the hydrogen sector. The facility, formerly the GM Hydrogen Fuel Cell Research Center, boasts seventeen plus deflagration-designed labs, each equipped with essential utilities including compressed air, nitrogen, hydrogen, deionized water, steam, natural gas, and substantial electrical capacity. The property includes a fully functional anechoic chamber, ideal for acoustic testing and research, and a decommissioned clean room, offering potential for repurposing or renovation. The single-tenant building is currently vacant, providing immediate occupancy for a new owner or lessee. Its strategic location in Honeoye Falls, New York, offers access to a skilled workforce and a supportive business environment. This turnkey facility is ready for immediate use by a company seeking state-of-the-art infrastructure for hydrogen research and development. The building's substantial size and specialized equipment make it an unparalleled opportunity in the burgeoning hydrogen energy market. The property's existing infrastructure significantly reduces the time and cost associated with setting up a new research facility. This is a rare chance to acquire a fully equipped, ready-to-occupy hydrogen research and development center.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 80,736 SF
Lot 12.41 ac (540,580 SF)
Zoning code 05 - COMMERCIAL
APN 263601 228.11-1-87
UPID US63-2461267
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
Current use
Occupant on record · Public records
  • Han-Tek Inc Material Handling Equipment Supplier Automation Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.92M
Owner & transaction history
10 Carriage Street LLC · 7 yrs held
10 Carriage Street LLC
since 2019
5 recorded transactions
2019
$315,630
2018
$1.0M
2015
$2.4M
2013
Price N/A
1969
Price N/A
Zoning & alternative use
05 - COMMERCIAL · Honeoye Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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