Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Warehouses

    38 Allen St, Auburn, NY 13021

    100,000 SF 6.44 ac lot Built 2014
    Entity Owned ~ Est. High Equity
    Property ID
    US63-5173375
    Property summary
    AI-generated overview

    This exceptional 75,000-square-foot Class A industrial property, located at 38 Allen Street in Auburn, New York, presents a unique investment opportunity. The property, situated on a 6.44-acre lot, comprises a single-story building constructed in two phases: 50,000 square feet in 2014 and an additional 25,000 square feet in 2021. The building features a steel frame construction with a sealed concrete floor, boasting a 24-foot ceiling height. Loading capabilities include two loading docks equipped with levelers and a single 16-foot drive-in door. The interior is meticulously maintained and includes a conference room, modern restrooms, and a comprehensive sprinkler system. The property benefits from 600-amp electrical service, a 3-inch gas line, and power at each column. Full insulation ensures efficient climate control, with heating throughout and air conditioning in the office and conference areas. Security features include camera and security systems. The property is zoned I-I Industrial and is conveniently located within the Auburn Technology Park, surrounded by similar industrial and warehouse users. Adjacent land offers potential for future expansion, with an additional 14.55 acres available to the east. This turnkey operation is currently vacant and ready for immediate occupancy. The property's pristine condition and extensive amenities make it an attractive investment opportunity.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2014
    Total area 100,000 SF
    Lot 6.44 ac (280,526 SF)
    Zoning code I1
    APN 050100 115.24-1-41
    UPID US63-5173375
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.43M
    Blend (final) Blend
    $5.54M
    Owner & transaction history
    38 Allen St Hldgs LLC
    38 Allen St Hldgs LLC
    since 2025
    5 recorded transactions
    2025
    $4.8M
    2020
    2014
    $50,000
    1969
    1969
    Zoning & alternative use
    I1 · Auburn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $8.1M +47.5%
    Commercial (general) $7.5M +37.4%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message