Property summary
This exceptional 500,000-square-foot warehouse opportunity is situated on a 63-acre site in Monticello, New York, boasting unparalleled access to Interstate 86 via Exit 107. The property, with APN 32-2-8.1, is fully engineered and approved by the Town of Thompson planning board, eliminating lengthy permitting delays. The approved plans include a 500,000-square-foot building featuring 69 loading docks and ample trailer parking for 67 units. The design allows for 35-foot ceiling heights without requiring variances. Essential infrastructure is in place, including on-site water, stormwater, and sewer systems. The site has undergone significant clearing, and all baseline engineering—including surveys, topography, wetlands assessments, and traffic studies—is complete. Minimal off-site improvements are needed, making this a highly cost-effective development project. The property is zoned CI and is offered at $10,000,000 ($20/sq ft). Economic incentives are available. Note that an adjacent 83-acre parcel, separately owned, is also engineered for a 130,000-square-foot building. This prime location and fully approved plans present a rare opportunity for immediate development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
CI · Monticello, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CI in Monticello, NY.
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