Technical
Financial
Distress signals
Property profile

32 Native Dr Queensbury, NY 12804

OFF-MARKET
Industrial land
Property ID
US63-4381262
1.86 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional sublease opportunity presents ±25,000 square feet of modern warehouse space ideally situated in Queensbury's Carey Industrial Park. The property boasts a desirable single-tenant occupancy and a sublease term extending through December 31, 2035, offering long-term stability. The warehouse features a substantial clear height ranging from approximately 26 to 28 feet, providing ample vertical storage capacity. Functional features include a wet sprinkler system for enhanced safety, one 9' x 10' loading dock, and four convenient grade-level overhead doors for efficient loading and unloading. The space also includes approximately 1,500 square feet of well-appointed office space, perfect for administrative functions. Power is robust, with a 400+ amp, 3-phase service. The location offers unparalleled convenience, being just over a mile from Exit 18 of I-87 (The Adirondack Northway), ensuring seamless access to major transportation routes. The property's proximity to numerous other commercial and industrial businesses, including Kamco Supply Corp, Flex Trim USA, AngioDynamics, Medline, NEPSI, and Burch Bottle & Packaging Inc, further enhances its appeal and provides access to a thriving business community. This is a rare opportunity to secure a high-quality, well-located warehouse space with a significant remaining lease term.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.86 ac (81,022 SF)
Zoning code CLI
APN 523400 308.20-1-9.22
UPID US63-4381262

Cap rate & NOI

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

Location

32 Native Dr Queensbury, NY 12804-7839
Queensbury metro Census 70802 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

CLI · Queensbury, NY
Zoning description

Commercial-Light Industrial. The purpose of the Commercial-Light Industrial (CLI) District is to provide for mixed commercial and light industrial uses in order to maximize utilization of this area of the Town that will…

General category INDUSTRIAL

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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