49 Kroeger Rd, Monticello, NY 12701-3913
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Monticello, NYMonticello. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.