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    FOR LEASE
    Warehouses

    16 Market St, Scotia, NY 12302

    1,394 SF 0.96 ac lot Built 1955
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US63-1536437
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 16 Market Street, Unit 16, in Scotia, New York, presents a unique opportunity for businesses seeking a substantial land parcel. The property encompasses 0.96 acres of land, offering ample space for development or expansion. Its location in Scotia provides convenient access to major transportation routes, facilitating efficient logistics and distribution. The property is designated as industrial, making it suitable for a wide range of uses, from warehousing and manufacturing to light industrial operations. The absence of a listed square footage indicates the potential for customized building plans to perfectly match specific business needs. This presents a blank canvas for creating a tailored industrial space. Given the size of the lot and its prime location, this property is an ideal investment for businesses looking to establish a strong presence in the Scotia area. The lack of a listed price allows for flexible negotiations, making this an attractive proposition for serious buyers. Interested parties are encouraged to conduct their own due diligence to fully assess the property's potential and suitability for their intended use. This is a rare opportunity to acquire a significant industrial land parcel in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1955
    Total area 1,394 SF
    Lot 0.96 ac (42,000 SF)
    Zoning code CON
    APN 422201 29.68-1-14
    UPID US63-1536437
    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
    • J. Gibbons Sealcoating General Contractor Construction Company
    • Clark Myers Paving Corporation General Contractor Construction Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    PATRICK M GIBBONS
    PATRICK M GIBBONS
    Zoning & alternative use
    CON · Scotia, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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