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    FOR SALE
    Warehouses

    85 Kaufman Rd, Monticello, NY 12701

    5,830 SF 5.69 ac lot Built 1970
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US63-1368787
    Property summary
    AI-generated overview

    This exceptional commercial property in Monticello, NY, presents a unique investment opportunity. Encompassing 5.69 acres (tax map # 12.-1-54.2 & 54.3), the site includes a fully operational bulk fuel storage and distribution warehouse, ideally situated less than a mile from Route 17/86, providing excellent access to Sullivan and Orange Counties. The facility boasts 160,000 gallons of above-ground storage capacity for fuel oil, gasoline, and kerosene. Lease of the fuel storage plant is available at $0.05 per gallon, with a minimum annual volume of 2,000,000 gallons. In addition, an 8,000 square foot insulated metal warehouse is included, featuring approximately 2,000 square feet of office space (800 sq ft currently leased). The warehouse offers four 14-foot high overhead doors and a built-in, four-foot high concrete platform. Heavy-duty concrete floors and a concrete mezzanine ensure high load capacity. The lower office roof was replaced in 2020, and the office air conditioning system was updated in 2014. Oil heating is in place for both the warehouse and offices. The property's zoning permits manufacturing, processing, trucking, and warehouse terminal operations. The entire property, including the warehouse, approximately 1600 sq ft of office space, and fuel storage, is available for lease at $5,950 per month NNN. The property's convenient location near Route 17/86 and Kaufman Road offers easy access to Route 17B.

    Property profile
    Verified
    Property type Warehouses
    Use group BULK STORAGE, TANKS
    Year built 1970
    Total area 5,830 SF
    Lot 5.69 ac (247,856 SF)
    Zoning code CI
    APN 484689 12.-1-54.2
    UPID US63-1368787
    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
    • Ultra Energy Corp Gas Company
    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
    by Request
    Owner & transaction history
    Empire Resorts R & E II LLC · 8 yrs held
    Empire Resorts R & E II LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    CI · Monticello, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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