Property profile

3124 Shippers Rd Vestal, NY 13850

OFF-MARKET
Warehouses
Property ID
US63-3209163
11,384 SF 5.57 ac lot Built 1987
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Total area 11,384 SF
Lot 5.57 ac (242,629 SF)
Zoning code I
APN 034800 158.11-1-2
UPID US63-3209163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3124 Shippers Rd Vestal, NY 13850
Vestal metro Census 14301 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$773k
Blend (final) Blend
$730k

Owner & transaction history

since 2018
1 recorded transaction
2018
$440,000

Zoning & alternative use

I · Vestal, NY
Zoning description

The purpose of this zoning district is to provide non commercial solar energy systems, public building, contractors yard and equipment, construction equipment sales, rental and repair, manufacturing, park or playground,…

General category INDUSTRIAL
Top alternative use upside
Office building $1.2M +116.1%
Auto repair, garage $930,000 +65.6%
Restaurant $860,000 +53.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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