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    OFF-MARKET
    Manufacturing properties

    108 Park St, Arcade, NY 14009-1506

    30,525 SF 2.65 ac lot Built 1950
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US63-6106769
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1950
    Total area 30,525 SF
    Lot 2.65 ac (115,434 SF)
    Zoning code L1
    APN 562001 183.14-1-61.1
    UPID US63-6106769
    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
    • Step By Step Custom Millwork General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    B B & B Ents LLC · 14 yrs held
    B B & B Ents LLC
    since 2011
    4 recorded transactions
    2011
    $104,270
    2010
    $115,000
    2007
    $275,000
    2004
    $550,000
    Zoning & alternative use
    L1 · Arcade, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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