Property profile

148 Hudson Riv Rd Waterford, NY 12188

OFF-MARKET
Manufacturing properties
Property ID
US63-3973253
723,643 SF 27.56 ac lot Built 1950
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 148 Hudson River Road in Waterford, New York, presents a significant investment opportunity. Encompassing a substantial 585,218 square feet on a 27.56-acre lot, this single-story building offers ample space for various manufacturing and warehousing needs. The property boasts 30 loading docks, complemented by overhead doors and interior loading docks, ensuring efficient material handling and operational flexibility. Ceiling heights vary, reaching over 33 feet in certain areas, providing significant vertical clearance. The building is equipped with heavy power, including an on-site substation, and benefits from available rail service with an interior spur. Zoned for industrial use, this former Cascades processing plant is strategically situated along Hudson River Road within an established industrial corridor, offering proximity to major interstate systems and other national distribution and manufacturing operations. The asking price is $11,500,000, translating to $19.65 per square foot. This property is currently vacant and ready for immediate occupancy. The property's size, features, and location make it an ideal candidate for a wide range of industrial uses. The combination of ample space, robust infrastructure, and prime location presents a compelling opportunity for businesses seeking a significant footprint in a well-established industrial area. The property's zoning allows for a variety of industrial uses, making it a versatile option for potential buyers.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1950
Total area 723,643 SF
Lot 27.56 ac (1,200,514 SF)
APN 415489 286.-1-51
UPID US63-3973253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

148 Hudson Riv Rd Waterford, NY 12188-1908
Waterford metro Census 62700 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.12M

Owner & transaction history

since 2025
Last sale
$8.5M
6 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$8.5M
2019
Price N/A
2010
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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