108 Park St, Arcade, NY 14009-1506
This exceptional 3.16-acre industrial property, located at 108 Park St in Arcade, NY, presents a compelling investment opportunity. Zoned for light industrial use, the site boasts convenient access from two streets, providing excellent accessibility for both employees and deliveries. A significant advantage is its proximity to the Arcade and Attica railroad tracks, opening up the potential for rail access, a valuable asset for many industrial operations. The property is currently serviced by Arcade Electric, ensuring reliable power for your business. The existing infrastructure is ready to support immediate occupancy and development, minimizing upfront costs and maximizing efficiency. This versatile space is ideal for expansion or the establishment of a new business venture. The Village of Arcade is open to collaboration, potentially offering opportunities for alternative uses or zoning adjustments to accommodate specific business needs. This prime location offers a unique blend of accessibility, infrastructure, and potential, making it an exceptional opportunity for businesses seeking a strategic foothold in a growing area. The asking price is $150,000. Serious inquiries are encouraged to explore the possibilities this property offers.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
L1 · Arcade, NYArcade. Always verify with local authorities before improvements.
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.