Property profile

15 Freeville Rd Dryden, NY 13053

FOR SALE
Auto shops
Property ID
US63-4536680
8,944 SF 3.69 ac lot Built 1990
Entity Owned 13-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 8,944-square-foot industrial property, located at 15 Freeville Road in Dryden, New York, presents a compelling investment opportunity. Built in 1990 and zoned for Commercial Business use, this single-tenant building offers a versatile space ideal for manufacturing or warehousing operations. The property boasts 7,280 square feet of shop space and 1,664 square feet of office space, providing ample room for both production and administrative functions. High ceilings, measuring 16 feet, allow for efficient storage and equipment placement. The property is equipped with a robust power supply, featuring a 400-amp service and a 45KVA 3-phase transformer, ensuring reliable power for demanding operations. Convenient on-site gas and electric utilities are complemented by municipal water and sewer services. A fenced side yard offers additional secure outdoor space. The asking price is $625,000, translating to $69.88 per square foot. This well-maintained property, situated in Tompkins County (zip code 13053), offers a rare combination of functionality, location, and value in the thriving Dryden market. The property's features make it an attractive option for businesses seeking a well-equipped and strategically located industrial space.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 8,944 SF
Lot 3.69 ac (160,736 SF)
Zoning code COM
APN 502401 9.-1-1.1
UPID US63-4536680

Cap rate & NOI

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

Location

15 Freeville Rd Dryden, NY 13053
Dryden metro Census 2000 ITHACA, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2013
2 recorded transactions
2013
$525,000
2012
$525,000

Zoning & alternative use

COM · Dryden, NY

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message