2980 Crk Rd, Palmyra, NY 14522-9360
This exceptional commercial property in Palmyra, NY, presents a unique investment opportunity. Spanning 2.1 acres and boasting 1,009 square feet of heated and air-conditioned office space, this facility includes a restroom and ample counter and storage space. The property features a substantial 10,000-gallon propane tank, allowing for cost-effective bulk purchasing. A large, top-of-the-line truck scale is housed in its own building with oversized windows offering excellent visibility. Efficient grain handling is ensured by a drive-over conveyor system for quick unloading, over 200,000 bushels of storage capacity, and multiple grain legs. The facility is equipped with 3-phase electric power, ideal for high-demand operations, and has recently undergone significant updates, including new fans, chains, and motors. This turnkey operation is conveniently located near CSX rail lines and includes an adjoining lot (tax ID 543689-065-111-000-200-832-0000), making it an ideal co-op or individual grain handling operation. Priced at $475,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
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LI · Palmyra, NYPalmyra. Always verify with local authorities before improvements.
Costs & Benchmarks
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Risks
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