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    FOR SALE
    Warehouses

    152 Corporate Dr, Oneonta, NY 13820

    12,816 SF 2.9 ac lot Built 2005
    Entity Owned Free & Clear
    Property ID
    US63-2876428
    Property summary
    AI-generated overview

    This exceptional Class A industrial property, located at 152 Corporate Dr, Oneonta, NY 13820, offers 22,389 square feet of versatile space ideal for distribution, flex, or warehouse operations. Built in 2005, this single-story building sits on a 4.6-acre lot and boasts a 40-foot clear ceiling height, four truck-height loading docks, and ample power. The property's strategic location offers easy access to Interstate 88, placing it within convenient reach of Albany, Binghamton, and Syracuse, and providing connections to major highways including I-90, I-87, and I-81. This allows for efficient distribution to New York City, Boston, Buffalo, and Montreal. The site is part of a thriving industrial park with established tenants such as Schwan Food, B&K Coffee, and Green Mountain Electric Supply. The property is currently vacant and available for sale or lease. The 4.6-acre parcel allows for a significant expansion of up to an additional 51,663 square feet. The owner will consider dividing the space into smaller units, starting at 10,000 square feet. This presents a unique opportunity for businesses seeking a prime location with excellent infrastructure and expansion potential in a well-established industrial park.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2005
    Total area 12,816 SF
    Lot 2.9 ac (126,324 SF)
    Zoning code 510
    APN 361200 299.18-1-1.5
    UPID US63-2876428
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $340k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $708k
    Blend (final) Blend
    $525k
    Owner & transaction history
    KARABINIS DEVELOPMENT INC
    KARABINIS DEVELOPMENT INC
    Zoning & alternative use
    510 · Oneonta, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $855,000 +38.3%
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    More about this property
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