Property profile

187 Industrial Park Dr Binghamton, NY 13904

OFF-MARKET
Manufacturing properties
Property ID
US63-0323627
25,110 SF 2.5 ac lot Built 1985
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1985
Total area 25,110 SF
Lot 2.5 ac (108,900 SF)
APN 033400 162.02-2-2
UPID US63-0323627

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

187 Industrial Park Dr Binghamton, NY 13904-3203
Binghamton metro Census 12600 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$887k
Blend (final) Blend
$630k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2016
$500,000
2005
$850,000

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.2M +49.8%

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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