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    FOR LEASE
    Manufacturing properties

    32 Power Dam Way, Plattsburgh, NY 12901

    4,892 SF 45.4 ac lot Built 1960
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US63-6172282
    32 Power Dam Way, Plattsburgh, NY 12901 For Lease
    $4 SF/Yr
    32 Power Dam Way, Plattsburgh, NY 12901
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    Property summary
    AI-generated overview

    This expansive 550,000 square foot industrial complex, situated on 45.4 acres at 32 Power Dam Way, Plattsburgh, NY 12901, presents a unique investment opportunity. The property, built in 1916 and renovated in 1960, features a single-story design with ceiling heights ranging from 16 to 28 feet. Currently, 200,000 square feet of space is available, divisible to a minimum of 100 square feet and with a maximum contiguous space of 400,000 square feet. The property boasts 35 loading docks, ample outside storage, and extensive parking. Power options include 440 single-phase and three-phase service. The building includes 17 suites and features an elevator. Its strategic location on the Saranac River offers convenient access to Interstate 87 and Plattsburgh International Airport, and is only 60 miles from Montreal, Canada. The property is zoned for industrial use and offers competitive rates. The building's wet sprinkler system enhances safety and security. This prime location, combined with its substantial size and versatile space, makes it ideal for various manufacturing, distribution, flex, and warehouse operations. The 800-foot frontage provides excellent visibility and accessibility.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group HEAVY MANUFACTURING
    Year built 1960
    Total area 4,892 SF
    Lot 45.4 ac (1,977,624 SF)
    Zoning code 06 - INDUSTRIAL
    APN 091300 221.14-2-1.1
    UPID US63-6172282
    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
    • Tropical Valley Foods Warehouse & Storage
    • Five Star Roofing Company - New York Roofing Company General Contractor
    • Shammies N More Car Wash
    • Plattsburgh BTC Department Store
    • Mechtech Recycling Recycling Center Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tr · 8 yrs held
    Tr
    since 2018
    7 recorded transactions
    2018
    $325,000
    2017
    $1.1M
    2017
    $524,102
    2017
    $125,305
    2015
    $274,049
    2015
    $335,000
    2015
    $466,000
    Zoning & alternative use
    06 - INDUSTRIAL · Plattsburgh, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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