524 Route 303 Orangeburg, NY 10962
- Manufacturing properties
- 6,068 SF
- 8.30 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 524 Route 303
- Year built
- 1963
- Lot size
- 8.30 lot acres
- Property size
- 6,068 SF
- Zone code
- LO
- Property type
- Manufacturing properties
- APN
- 392489 70.19-1-44
- APU
- 3924897019144
Description
This exceptional 61,000-square-foot industrial and office building presents a significant investment opportunity in Orangeburg, NY. Situated on a generous 8.3-acre lot, the single-level structure boasts a robust steel frame and masonry construction, ensuring durability and longevity. The building is currently fully occupied by two tenants, providing immediate cash flow. However, one tenant's lease expires in November 2024, freeing up approximately 27,821 square feet of space. This presents a unique opportunity for the new owner to either lease this space to generate additional income or utilize it for expansion or internal operations. The existing building layout includes approximately 6,400 square feet of well-maintained office space, complementing the substantial industrial area. The property's floor load capacity is rated at 15 tons, accommodating a wide range of industrial uses. Its strategic location in Orangeburg offers excellent access to major transportation routes, making it an ideal location for distribution, manufacturing, or warehousing operations. This property is being offered at $15,900,000 and represents a compelling investment prospect with strong potential for future growth and profitability. Further specifics and details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orangeburg
- County
- Rockland
- State
- New York
- Longitude
- -73.9484
- Latitude
- 41.0546
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
