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Property profile & analytics
OFF-MARKET Estimated value $2,080,000
Distribution centers

29 Grant St Walden, NY 12586-1829

35,409 SF 3.1 ac lot Built 1950
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US63-0566651
Property summary
AI-generated overview

This exceptional 35,000-square-foot industrial property in Walden, New York, presents a unique investment opportunity. Located at 29 Grant Street in Orange County, this single-tenant warehouse comprises four historic buildings situated on a 3.1-acre lot. The main structure, a substantial brick building of approximately 29,600 square feet, features concrete floors on the main level and wood floors on the second and third levels. A full basement and a freight elevator add to its functionality. An adjacent 1,600-square-foot office building offers three large rooms, perfect for administrative needs. A separate 2,100-square-foot brick pattern building includes cement floors on the first level and wood flooring on the second, complete with a loft area. The property boasts a 40,000-square-foot parking lot and a convenient loading dock. An active rail line runs adjacent to the property, providing excellent transportation access. Zoned Industrial mixed-use (I1), this versatile space is perfect for manufacturing, warehousing, shipping, and a variety of other businesses. The property's location within Walden's historic district offers a unique blend of character and practicality. This is a rare chance to acquire a substantial, historically significant industrial property with significant potential. The year built is 1825.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1950
Total area 35,409 SF
Lot 3.1 ac (135,036 SF)
Zoning code I1
APN 334205 309-14-4
UPID US63-0566651
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
  • Double Queue Fine Furniture Restoration and Conservation Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$2.08M
Owner & transaction history
Grant St Development LLC · 3 yrs held
Grant St Development LLC
since 2022
Last sale
$2.0M
3 recorded transactions
2022
$2.0M
2014
$215,000
2002
Price N/A
Zoning & alternative use
I1 · Walden, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $3.3M +9.1%
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