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294 Gambee Rd 133,940 SF 40% Leased Industrial Building Geneva, NY 14456 $3,200,000 ($23.89/SF)
Investment Highlights
- 6,000 SF Corporate Office with Former ISO 5 Clean Room — rare, high-spec infrastructure ready for precision manufacturing or R&D
- Rare Active Internal Rail Spur capable of housing up to 3 rail cars inside the building for weather-protected bulk-to-truck cross-docking
- Variable Clear Heights from 16ft in the main plant up to 50 feet in the enclosed rail area, ideal for high vertical racking or specialized clean room
- 4,000 Amp, 480-Volt, 3-Phase Power engineered for high-draw automated logistics, advanced manufacturing, or semiconductor supply chain operations
- 11 Loading Docks including 9 covered docks with electric levelers and a deep 53-foot covered loading area
- Prime Logistics Location — 4 miles from I-90 (Exit 42) on the NY SMART I-Corridor
Executive Summary
Strategically situated at the northern gateway of Geneva, New York, the asset benefits from an economically resilient and growing regional market in the western Finger Lakes. Geneva’s local economy is uniquely balanced by steady institutional anchors, driven by prominent higher education (Hobart and William Smith Colleges), a thriving year-round tourism sector, and pioneering public-private investments at the nearby Cornell Agriculture & Food Technology Park. With industrial-friendly routing that positions the property just 4 miles south of the New York State Thruway (I-90, Exit 42), the location seamlessly merges a lower-overhead suburban business environment with the sophisticated logistical infrastructure and consumer density of a major regional hub.
The regional market surrounding northern Geneva offers a massive geographical arbitrage opportunity for semiconductor supply chain vendors. While primary submarkets become congested and cost prohibitive, Geneva sits directly on the NY SMART I-Corridor, just 4 miles south of the New York State Thruway (I-90, Exit 42). This puts a 3PL provider less than an hour from Micron Technology’s historic megafab in Clay, NY, enabling seamless, just-in-time delivery of sub- components, materials, and machinery. This submarket is seeing surging industrial demand, with leasing activity experiencing a massive +2,229.9% year-over-year surge. Leasing here positions a tenant at the lucrative intersection of the Rochester tech ecosystem and Syracuse’s semiconductor boom.
The regional market surrounding northern Geneva offers a massive geographical arbitrage opportunity for semiconductor supply chain vendors. While primary submarkets become congested and cost prohibitive, Geneva sits directly on the NY SMART I-Corridor, just 4 miles south of the New York State Thruway (I-90, Exit 42). This puts a 3PL provider less than an hour from Micron Technology’s historic megafab in Clay, NY, enabling seamless, just-in-time delivery of sub- components, materials, and machinery. This submarket is seeing surging industrial demand, with leasing activity experiencing a massive +2,229.9% year-over-year surge. Leasing here positions a tenant at the lucrative intersection of the Rochester tech ecosystem and Syracuse’s semiconductor boom.
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Property Facts
Amenities
- Security System
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 323000-090-000-0002-022-000 | Improvements Assessment | $1,886,600 |
| Land Assessment | $313,400 | Total Assessment | $2,200,000 |
Property Taxes
Parcel Number
323000-090-000-0002-022-000
Land Assessment
$313,400
Improvements Assessment
$1,886,600
Total Assessment
$2,200,000
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