7 Halsey Ct Plattsburgh, NY 12901-1203
Property Lookup
Property profile & analytics
7 Halsey Ct Plattsburgh, NY 12901-1203
- Showrooms
- 7,600 SF
- 1.80 lot acres
Property ID
US63-6161282
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.
Location Intelligence
Current Use by Public Records
- Beyond the Seams / Production Facility / Textile Manufacturer
- United Rentals / (Bike/Boat/Book/etc) Store / Rental Equipment Company
Property Details for 7 Halsey Ct
- Year built
- 1958
- Lot size
- 1.80 lot acres
- Property size
- 7,600 SF
- Zone code
- NC
- Property type
- Showrooms
- APN
- 094200 207.10-1-23
- APU
- 9420020710123
Description
This fee-simple industrial property in Plattsburgh, NY, offers a compelling investment opportunity. The 16,310-square-foot building, constructed in 1958 and situated on a 2.5-acre lot, is currently 100% occupied by a single tenant: United Rentals, a leading equipment rental company with a BB+ credit rating. The property features three buildings and ample parking (30 spaces). The lease is a Net Lease (NN) structure, with the tenant responsible for taxes, insurance, maintenance (interior and non-structural), utilities, and minor parking lot repairs. The current lease has 2.5 years remaining, followed by two 5-year lease options with Fair Market Value (FMV) rent increases. Recent capital improvements exceeding $160,000 have been completed, including bathroom and conference room renovations, new flooring, fencing, drainage improvements, and a recently replaced roof (approximately 5 years old). The property boasts excellent access and visibility due to its frontage on Tom Miller Road and easy access to I-87. The asking price is $789,000, representing a 9.04% cap rate and a price per square foot of $48.38. The property is zoned for industrial use and presents a strong hedge against inflation given the FMV rent increases. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with a high-credit tenant and a favorable lease structure.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $491,000
- AI Estimate
- $627,000
Market price range: $368k - $654kMarket price range: $348k - $927k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Plattsburgh
- County
- Clinton
- State
- New York
- Longitude
- -73.4699
- Latitude
- 44.7081
- CBSA code
- 38460
- CBSA name
- PLATTSBURGH, NY MICROPOLITAN 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
0
$0.00
$228,200
$221,800
$450,000
-
$268,465
$260,935
$529,400
