Property profile

226 Cecil Malone Dr Ithaca, NY 14850

FOR LEASE
Manufacturing (Light)
Property ID
US63-3114879
13,656 SF 3.34 ac lot Built 1980
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Property summary

AI-generated overview

An industrial warehouse building totaling 46,800 square feet, formerly known as Triangle Steel Plaza, configured with leasable warehouse areas and material-handling infrastructure. The facility has 3-phase power, four 12-by-16 overhead doors (with a mix of powered and manual operation), and provisions for heating (heat system not currently in service). Interior ceiling heights range from 35 to 40 feet, and it includes two to four sliding electric cranes. The warehouse layout includes two enclosed, covered areas measuring 60 by 340 feet (about 20,400 square feet) and 60 by 260 feet (about 15,600 square feet), along with an uncovered portion measuring 60 by 180 feet (about 10,800 square feet). The building is suited for cold storage and warehouse uses and is compatible with build-to-suit modifications within applicable zoning. The property is zoned IL1 and located in the Cherry Street WF district zone.

Property profile

Verified
Property type Manufacturing (Light)
Year built 1980
Total area 13,656 SF
Lot 3.34 ac (145,490 SF)
APN 500700 78.-1-1.2
UPID US63-3114879

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
  • Building Supply
  • Ophthalmologist (Bike/Boat/Book/etc) Store
  • Property Management Company
  • Construction Company General Contractor
  • Real Estate Agency

Location

226 Cecil Malone Dr Ithaca, NY 14850
Ithaca metro
Google Maps

Value estimations

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

Owner & transaction history

since 2020
Last sale
$3.8M
1 recorded transaction
2020
$3.8M
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More about this property
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