105 Sprague Ave, Unit 119 Middletown, NY 10940-5301
- Manufacturing properties
- 1.50 lot acres
Current Use by Public Records
- ORMC Company Store / Store
- R.A. Reyes Photography / Service Establishment / Photographer
- Multee Apparel, LLC / Embroidery Shop
Property Details for 105 Sprague Ave
- Lot size
- 1.50 lot acres
- Zone code
- I-2
- Property type
- Manufacturing properties
- APN
- 330900 41-3-10
- APU
- 33090041310
Description
This exceptional 26,000-square-foot industrial building in Middletown, NY, presents a fantastic opportunity for businesses seeking a versatile and strategically located space. The property sits on a generous 1.5-acre lot, offering ample room for expansion or outdoor storage. The building itself is move-in ready and zoned I-2, allowing for a wide range of industrial uses. The interior boasts a large warehouse area, complemented by dedicated office space and a convenient staff kitchen. The warehouse portion alone offers 16,000 square feet of readily available rental space, making it ideal for businesses of varying sizes. Its prime location provides easy access to major transportation arteries, including Routes 84 and 17, ensuring seamless logistics and efficient commutes for employees and clients. This property is a rare find, combining functionality, size, and location to create an exceptional investment or operational base. The building's features and zoning make it suitable for a variety of industrial operations, offering a significant advantage in a competitive market. Don't miss this chance to secure a high-quality industrial space in a thriving area. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,300,000
- 7%
- $1,345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,175,000
- Geo Method
- $1,190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,245,000
- Retail
- $1,120,000
- Mixed-Use
- $1,155,000
- Hospitality
- $1,410,000
- Educational
- $1,275,000
- Residential Income
- $1,125,000
- Energy
- $1,070,000
- Income-Based Land
- $1,430,000
- Food Service
- $1,155,000
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.4174
- Latitude
- 41.4385
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
