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Property profile & analytics

40 Commercial Ave Middletown, NY 10941

  • Manufacturing properties
  • 48,903 SF
  • 6.20 lot acres
Value Estimations
$835,000
Cap Rate Potential
Location Intelligence
Property ID
US63-3747078
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • RIJ Pharmaceutical Corporation / Pharmaceutical Company

Property Details for 40 Commercial Ave

Year built
1979
Lot size
6.20 lot acres
Property size
48,903 SF
Zone code
ENT-L
Property type
Manufacturing properties
APN
335200 41-1-74.61
APU
3352004117461

Description

This exceptional 52,000-square-foot industrial property in Middletown, NY, offers a versatile space ideal for various manufacturing and warehouse operations. Currently configured for multiple tenants, a 24,000-square-foot space is immediately available for lease. The building, constructed in 1975, features 27-foot ceilings in the main production area, providing ample vertical space. Two of four enclosed loading docks, situated within a heated truck bay, are dedicated to this space. The property boasts a comprehensive wet sprinkler system for fire safety and a large paved parking lot accommodating approximately 70 vehicles. The space includes office areas and laboratories, all within the 24,000 square foot minimum divisible area. Previously utilized for pharmaceutical manufacturing, this facility is well-suited for food manufacturing, packaging, or other high-tech industries. Utilities include municipal water and sewer, high-volume natural gas service for heating and hot water, and 1200 amps of power. The property sits on 6.2 acres of land and is zoned Ent L. The landlord is open to dividing the space further to accommodate specific tenant needs. Tenant is responsible for a pro-rata share of property taxes and utilities. This is a rare opportunity to secure a well-maintained, strategically located industrial space in Orange County. The APN is 41-1-74.61.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $910,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $763,000
    Market price range: $727k - $3.37M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Middletown
County
Orange
State
New York
Longitude
-74.3505
Latitude
41.4648
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$124,000
$410,000
$534,000
-
$855,182
$2,827,618
$3,682,800
More about this property
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