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    OFF-MARKET
    Refrigerated & Cold Storage

    23 Bingham Rd 31, Marlboro, NY 12542-6301

    812 SF 28.4 ac lot Built 1960
    Individually Owned Free & Clear
    Property ID
    US63-1945287
    Property summary
    AI-generated overview

    This exceptional 113-acre orchard, located at 23 Bingham Rd, Marlborough, NY 12542, presents a unique investment opportunity in the Mid-Hudson Valley. The property, identified by APN 360010800400080270000000, boasts significant fruit production, yielding approximately 40,000 bushels annually, primarily apples, pears, and plums. The existing infrastructure includes a substantial 15,000 square foot packing and cold storage facility, complete with sorting and packing equipment, ensuring efficient post-harvest operations. Further enhancing the property's functionality is a 5,000 square foot workshop, providing ample space for maintenance and equipment storage. On-site employee housing is also included, addressing workforce needs. The property is zoned RAGl and offers a total building area ranging from 5,000 to 15,000 square feet. This turnkey operation is offered at an asking price of $2,750,000 and represents a rare chance to acquire a well-established and productive fruit farm in a desirable location. The property's substantial size and existing infrastructure provide significant potential for expansion and increased profitability. Serious inquiries only.

    Property profile
    Verified
    Property type Refrigerated & Cold Storage
    Use group COLD STORAGE
    Year built 1960
    Total area 812 SF
    Lot 28.4 ac (1,237,104 SF)
    Zoning code RAG1
    APN 513600 108.4-8-27
    UPID US63-1945287
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    JOEL V TRUNCALI
    JOEL V TRUNCALI
    Zoning & alternative use
    RAG1 · Marlboro, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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