136 Bracken Rd Montgomery, NY 12549
- Warehouses
- 20,480 SF
- 1.70 lot acres
Current Use by Public Records
- Canteen Vending Services / Vending Machine Supplier / Beverage Distributor
- Four Season's Vending Inc / Vending Machine Supplier
Property Details for 136 Bracken Rd
- Year built
- 1986
- Lot size
- 1.70 lot acres
- Property size
- 20,480 SF
- Zone code
- I1
- Property type
- Warehouses
- APN
- 334289 30-1-65.1
- APU
- 334289301651
Description
This single-story, 17,820-square-foot industrial building offers a unique blend of warehouse and office space, ideal for a single tenant. Located on Bracken Road, the property boasts 4,175 square feet of executive office space, complete with a reception area, bathrooms, and a conference room. The warehouse area features two sections: a main area with a ceiling height of 13 feet (sloping to 11 feet) and a secondary area with 11-foot ceilings (sloping to 9 feet). A convenient side room includes a walk-in cooler and freezer. Three loading docks (two with levelers) and one drive-in door ensure efficient loading and unloading. The property benefits from three-phase electric power. Recent improvements include a new gutter system, insulation with protective sheathing in the warehouse, and a renovated parking lot accommodating 40 vehicles. The building sits on 1.7 acres of land and is zoned for General Industry, allowing for a wide range of uses. This is a NNN lease; the tenant is responsible for rent and all operating expenses, with estimated pass-throughs of $2 per square foot. The property enjoys exceptional access to major transportation arteries, including I-84 (4.5 miles), I-87 (7.5 miles), and Stewart International Airport (5.5 miles).
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $545,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $765,000
- 6.5%
- $725,000
- 7%
- $730,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $805,000
- Geo Method
- $740,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $665,000
- Retail
- $620,000
- Mixed-Use
- $790,000
- Hospitality
- $765,000
- Educational
- $625,000
- Residential Income
- $855,000
- Energy
- $620,000
- Income-Based Land
- $730,000
- Food Service
- $670,000
Location Insight
- Map
- Local Demand
- City
- Montgomery
- County
- Orange
- State
- New York
- Longitude
- -74.1912
- Latitude
- 41.5217
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
