Technical
Financial
Distress signals
Property profile

7185 State Rte 54 Bath, NY 14810

OFF-MARKET
Warehouses
Property ID
US63-3411191
16,968 SF 18.32 ac lot Built 1963
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property in Bath, NY presents a significant investment opportunity. The expansive 18.44-acre lot boasts a prime location with high traffic volume and excellent visibility, ensuring strong potential for various business ventures. The property comprises five strategically designed steel buildings, offering a total of 64,968 square feet of versatile space. Four recently constructed, heated warehouse buildings, each measuring 12,000 square feet, provide ample storage or manufacturing space. These warehouses are constructed with high-quality materials and boast efficient layouts. A separate, larger 16,968 square foot steel building currently serves as a showroom, featuring extensive recent upgrades. The showroom's modern design and functionality offer immediate usability for a variety of retail or display purposes. The property also includes a large parking area, accommodating ample vehicle traffic. The flexible layout and substantial acreage provide significant room for expansion, allowing for the construction of additional structures to meet future business needs. This property is ideally suited for a range of commercial uses, offering a unique blend of warehouse and showroom space. The sale includes tax map numbers #462401-144.03-02-002.100, #462401-144.18-01-001.111, and #462401-144.18-01-001.114. Priced at $2,500,000.

Property profile

Verified
Property type Warehouses
Use group BULK STORAGE, TANKS
Year built 1963
Total area 16,968 SF
Lot 18.32 ac (798,019 SF)
Zoning code 04 - FARM
APN 462401 144.18-01-001.111
UPID US63-3411191

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7185 State Rte 54 Bath, NY 14810-9502
Bath metro Census 961200 CORNING, NY MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$610k

Owner & transaction history

since 2021
6 recorded transactions
2022
Price N/A
2021
Price N/A
2021
Price N/A
2021
$125,000
2015
Price N/A
2015
$200,000

Zoning & alternative use

04 - FARM · Bath, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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