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    FOR SALE
    Manufacturing properties

    126 Industrial Park Dr, Frankfort, NY 13340

    65,100 SF 9.8 ac lot Built 1993
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US63-1885039
    126 Industrial Park Dr, Frankfort, NY 13340 For Sale
    $7,500,000 65,100 SF
    126 Industrial Park Dr, Frankfort, NY 13340
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    Property summary
    AI-generated overview

    This exceptional 61,500 square foot flex building, situated on 9.8 acres in Herkimer County, presents a unique investment opportunity. Located at 126 Industrial Park Drive, Frankfort, New York, this single-tenant property boasts a newly renovated interior, offering a blend of modern office and warehouse space. The building features a desirable Butler style construction, incorporating approximately 30,000 square feet of climate-controlled office space, perfectly suited for administrative functions or creative work environments. In addition, there is approximately 35,100 square feet of warehouse/manufacturing space, complemented by a studio and gym, catering to a diverse range of business needs. The property's functionality is further enhanced by three dock-level loading doors and three ground-level overhead doors, ensuring efficient loading and unloading operations. The site is strategically prepared for future expansion, with a pad already in place, offering significant potential for growth and adaptation to evolving business requirements. This property is an excellent choice for businesses seeking a versatile and well-equipped space in a convenient location. The combination of modern amenities, ample space, and expansion potential makes this an attractive proposition for a variety of industrial and commercial enterprises.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1993
    Total area 65,100 SF
    Lot 9.8 ac (426,888 SF)
    Zoning code R
    APN 212689 104.3-1-27.8
    UPID US63-1885039
    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
    • Northern Safety Custom Express Shop Building Supply General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $800k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.45M
    Blend (final) Blend
    $1.13M
    Owner & transaction history
    Salvatore Longo Realty · 13 yrs held
    Salvatore Longo Realty
    since 2012
    2 recorded transactions
    2012
    $850,000
    2010
    Zoning & alternative use
    R · Frankfort, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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