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    OFF-MARKET
    Data centers and call centers

    601 Gates Rd, Vestal, NY 13850-2288

    52,579 SF 7.41 ac lot Built 1980
    Individually Owned ~ Est. High Equity
    Property ID
    US63-2248288
    Property summary
    AI-generated overview

    This exceptional 52,579-square-foot Class A office building, situated in a tranquil Vestal neighborhood, presents a remarkable leasing opportunity. Conveniently located near Old Vestal Road, Olums Plaza, and Town Square Mall, this property offers unparalleled accessibility. The building boasts a secure environment with ample parking and strong neighboring tenants. Currently, a 1,500-square-foot suite (Suite 7) is available for lease. This space includes convenient features such as running water and a secure reception area, along with six individual offices, ideal for a variety of business needs. The building itself is meticulously maintained and offers a professional atmosphere. The lease rate of $16 per square foot is inclusive of utilities and CAM charges, making this a truly exceptional value proposition. The property sits on a 7.41-acre lot and is zoned for commercial use within the Binghamton Retail submarket of Broome County, New York. This is a rare chance to secure high-quality office space in a desirable location at a competitive price. The multiple tenancy structure ensures a vibrant and collaborative environment. Don't miss this chance to establish your business in this thriving area.

    Property profile
    Verified
    Property type Data centers and call centers
    Use group RADIO OR TV STATION
    Year built 1980
    Total area 52,579 SF
    Lot 7.41 ac (322,780 SF)
    Zoning code C-1
    APN 034800 158.08-1-4
    UPID US63-2248288
    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
    Current use
    Occupant on record · Public records
    • WSKG Public Media Television Studio Media Distribution
    • Muscular Dystrophy Association Social Service Agency Charitable Organization
    • Teacher Center of Broome Co Employment Agency
    • Community Options, Inc. Nursing Home Social Service Agency
    • National Income Life - Durhon Oldham & Brett Gryska Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Wskg Public Telecommunications
    Wskg Public Telecommunications
    1 recorded transaction
    1969
    Zoning & alternative use
    C-1 · Vestal, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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