Property profile

196 Corporate Dr Binghamton, NY 13904

OFF-MARKET
Distribution centers
Property ID
US63-2502759
127,735 SF 15.7 ac lot Built 1985
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1985
Total area 127,735 SF
Lot 15.7 ac (683,892 SF)
APN 033400 162.02-1-2
UPID US63-2502759

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
  • Warehouse & Storage

Location

196 Corporate Dr Binghamton, NY 13904-3213
Binghamton metro Census 12600 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.80M

Owner & transaction history

since 2024
Last sale
$9.8M
3 recorded transactions
2024
$9.8M
2022
Price N/A
2022
$6.4M

Zoning & alternative use

Top alternative use upside
Office building $13.6M +116.1%
Auto repair, garage $10.4M +65.6%
Restaurant $9.7M +53.3%

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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