Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    824 Noyes St Utica, NY 13502

    • Manufacturing properties
    • 77,474 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimations
    $750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1884844
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 824 Noyes St

    Year built
    1950
    Lot size
    1.50 lot acres
    Property size
    77,474 SF
    Property type
    Manufacturing properties
    APN
    301600 318.55-1-20
    APU
    30160031855120

    Description

    This exceptional three-story industrial building presents a compelling investment opportunity in Utica, New York. Boasting 81,810 square feet of flexible space, this single-tenant property sits on a generous 2.23-acre lot. Its prime location along the Utica Arterial ensures high traffic and excellent visibility, providing unparalleled access to major transportation arteries including Interstate 90, Route 5, and Route 12. The building's substantial size and versatile layout offer significant potential for a variety of uses, making it an ideal choice for businesses seeking a prominent presence in a thriving area. The property's substantial acreage also presents redevelopment possibilities for those seeking to expand or adapt the existing structure to meet specific needs. Located in Oneida County, this property benefits from the area's established infrastructure and growing economy. The strategic location and significant square footage make this a rare opportunity for investors and businesses alike. This is a chance to acquire a substantial industrial property with excellent visibility and convenient access to key transportation routes. The property's size and location offer significant potential for long-term growth and profitability. Consider the possibilities this unique property offers for your business or investment portfolio.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $750,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.2488
    Latitude
    43.098
    CBSA code
    46540
    CBSA name
    UTICA-ROME, NY METROPOLITAN 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
    $48,000
    $580,000
    $628,000
    -
    $111,628
    $1,348,837
    $1,460,465

    Comparable in this City

    • Value Estimation
      $275,000
      0.10 Acres

      1314 Lincoln Ave

      MANUFACTURING (LIGHT) • 0.10 Acres
      1314 Lincoln Ave, Utica, NY 13502-4720
      View Details
    • Value Estimation
      $280,000
      0.09 Acres

      1316 Lincoln Ave

      MANUFACTURING (LIGHT) • 0.09 Acres
      1316 Lincoln Ave, Utica, NY 13502-4720
      View Details
    • Value Estimation
      $360,000
      10,088 SF

      1229 Hart St

      MANUFACTURING (LIGHT) • 10,088 SF
      1229 Hart St, Utica, NY 13502
      View Details
    • Value Estimation
      $360,000
      4,128 SF

      813815 Noyes St

      MANUFACTURING (LIGHT) • 4,128 SF
      813815 Noyes St, Utica, NY 13502
      View Details
    • Value Estimation
      $145,000
      31,120 SF

      2030 Sunset Ave

      MANUFACTURING (LIGHT) • 31,120 SF
      2030 Sunset Ave, Utica, NY 13502-5517
      View Details
    • Value Estimation
      $270,000
      0.35 Acres

      1528 Lincoln Ave

      MANUFACTURING (LIGHT) • 0.35 Acres
      1528 Lincoln Ave, Utica, NY 13502-5200
      View Details

    Similar Nearby for Sale

    • $249,000
      7,640 SF

      Warehouse with Loading Docks

      Warehouse space near Wynn Hospital with loading docks.
      32 Water St, Utica, NY 13502
      View Details
    • $899,900
      4,550 SF

      Elite Car Wash: Utica, NY

      Prime Commercial Property, High Traffic Area
      1700 Oriskany St, Utica, NY 13502
      View Details
    • $288,900
      2,998 SF

      Utica Multi-Family Investment Opportunity

      Five-unit building, high rental income, turnkey investment.
      619 Plant St, Utica, NY 13502
      View Details
    • $799,900
      4,000 SF

      this building is more than just real estate\u00e2\u0080\u0094it's a springboard for continued success. Act now\u00e2\u0080\u0094properties with this level of popularity and potential don\u00e2\u0080\u0099t stay on the market long. Schedule your showing today!""""}"""

      Deerfield Commercial Building - Route 12
      5666 Horatio St, Deerfield, NY 13502
      View Details
    • $650,000
      555 SF

      Retail Building on Busy Street

      Freestanding building suitable for retail, service, or small office.
      2639 Genesee St, Utica, NY 13502
      View Details
    • $1,200,000
      17,500 SF

      Utica Office Building For Sale

      17,500 SF office building available in Utica, NY.
      1500 Genesee St, Utica, NY 13502
      View Details

    Similar Nearby for Lease

    • $795,000
      55,000 SF

      New Construction Warehouse Space Available

      Up to 55,000 SF warehouse space for lease.
      1612 Lincoln Ave, Utica, NY 13502
      View Details
    • $5 SF/Yr
      5,145 SF

      Industrial Warehouse Space Available

      5,145 SF warehouse space for lease in Utica, NY.
      609 Columbia St, Utica, NY 13502
      View Details
    • Contact for pricing
      1,350 SF

      Utica Flex/Industrial Space Available

      Flex/industrial space available for rent in Utica, New York.
      727 Court St, Utica, NY 13502
      View Details
    • Contact for pricing
      5,000 SF

      Utica Warehouse Space Available

      5,000 SF warehouse space for rent in Utica, NY.
      1034 Erie St, Utica, NY 13502
      View Details
    • $8 SF/Yr
      5,900 SF

      Utica Business Park Flex Space

      Medical/office/flex space in Utica Business Park for rent.
      6 Rhoads Dr, Utica, NY 13502
      View Details
    • $2,500 /Mo
      2,830 SF

      Brewery District Restaurant/Bar Space

      Partially renovated bar and restaurant space in the Brewery District.
      728730 Columbia St, Utica, NY 13502
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    824 Noyes St
    Utica, NY 13502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.