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    OFF-MARKET
    Manufacturing properties

    21 Squires St, Cortland, NY 13045-3262

    13,620 SF 0.69 ac lot Built 1974
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-1840075
    Property summary
    AI-generated overview

    This Cortland, NY industrial property offers 13,160 square feet of space, suitable for manufacturing or distribution. The single-story building, constructed in 1971, sits on a 0.68-acre lot at 21 Squires St, with convenient access to I-81 and rail access. Currently, 5,600 square feet is available for lease, with the potential to lease an additional 7,560 square feet. The building features a 9-foot ceiling height, one loading dock, three dock-high doors, one drive-in door, and 20 total parking spaces. The property boasts 150 feet of frontage on Squires Street, and is zoned for industrial use. The building has 200 amps of 3-phase power, making it ideal for light industrial operations. Its central New York location offers easy access to a large customer base and a potentially cost-effective distribution network. The property's proximity to Cortland, a college town, may also provide access to a skilled workforce. This location presents a compelling opportunity for businesses seeking to establish, expand, or relocate their operations in the central New York region. The property's APN is 96.-25-01-04-.200 and is conveniently located near Owego Street.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1974
    Total area 13,620 SF
    Lot 0.69 ac (29,898 SF)
    Zoning code 05 - COMMERCIAL
    APN 110200 96.25-01-04.200
    UPID US63-1840075
    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
    • First Transit Inc Travel Agency Tour Operator
    • Cortland Transit Inc Travel Agency Tour Operator
    • Michael May Construction Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Cortland Squires LLC · 8 yrs held
    Cortland Squires LLC
    since 2017
    1 recorded transaction
    2017
    $340,000
    Zoning & alternative use
    05 - COMMERCIAL · Cortland, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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