106 Horton Rd, Newfield, NY 14867
This versatile 11,064 square foot light industrial/warehouse/office complex sits on a generous 4-acre lot, conveniently located approximately 7 miles outside of Ithaca, New York. The property boasts a unique blend of spaces, ideal for a variety of businesses. Currently occupied by a contracting company, it previously housed a millwork business, showcasing its adaptability. The industrial and warehouse areas offer a combination of heated and unheated space, providing flexibility for diverse storage and operational needs. Clear ceiling heights range from 12 to 20 feet, facilitating efficient material handling. Multiple ground-level overhead doors and large sliding doors ensure easy access for loading and unloading. The property features a robust electrical system with 400 AMP 3-phase power available with the installation of a converter. Office space includes a reception area, several offices, meeting rooms, and restrooms, providing a comfortable and functional workspace. Beyond the building itself, ample on-site parking is available, along with significant yard space. The expansive 4-acre lot presents substantial potential for future expansion. Importantly, there are no restrictive zoning ordinances impacting the property's development possibilities. This property offers a unique opportunity for a business seeking a well-equipped, spacious facility with significant land for growth.
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Midstate Basement Authorities, Inc. Hardware & Home Improvement Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.