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Property profile & analytics
OFF-MARKET
Industrial land

224 Main St Horseheads, NY 14845-1766

3.8 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-4192299
Property summary
AI-generated overview

This exceptional industrial property, located at 224 N Main Street in Horseheads, New York, presents a significant investment opportunity. The property encompasses a substantial 116,000 square feet of warehouse space distributed across five buildings, constructed in 2012. The expansive lot size totals 88.53 acres, including approximately 24.50 acres of concrete yard, providing ample space for operations and expansion. The warehouse features impressive ceiling heights ranging from 29 to 38 feet, accommodating a variety of industrial uses. The property boasts significant power capabilities, including heavy power and 3-phase electrical service. Further enhancing its functionality are two wash bays and a comprehensive crane system including one 10-ton crane, two 5-ton cranes, and one 2-ton crane. Approximately 30,000 square feet of office space is included, which incorporates locker rooms. This turnkey facility is offered at an asking price of $12,500,000 and is situated in Chemung County, NY, zip code 14845. The single-tenant occupancy presents a unique opportunity for a large-scale industrial operation or an investor seeking a high-yield asset. This property is ready for immediate occupancy.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.8 ac (165,528 SF)
Zoning code VH08
APN 073401 49.01-5-11.13
UPID US63-4192299
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
  • Kayden Industries Factory Production Facility
  • Air Contact Transport Trucking Company
  • Mc Junkin Red Man Corporation Distribution Center Logistics Company
  • Gas Field Specialists Inc. Oil & Natural Gas Company
  • A W Farrell Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Steelsafe Horseheads LLC · 2 yrs held
Steelsafe Horseheads LLC
since 2023
7 recorded transactions
2023
$242,590
2022
$675,000
2022
Price N/A
2022
Price N/A
2020
Price N/A
2020
$250
2020
Price N/A
Zoning & alternative use
VH08 · Horseheads, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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