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5637-5639 State Route 5 12,500 SF 100% Leased Industrial Building Herkimer, NY 13350 $700,000 ($56/SF) 6% Cap Rate
Investment Highlights
- Located ten minutes from the thruway.
- Located ten minutes from main plazas that have Walmart, Dollar Tree, & McDonalds.
Executive Summary
Steel insulated building on 2.5 acres
5 tenant spaces .
5 tenant spaces .
Property Facts
| Price | $700,000 | Lot Size | 1.70 AC |
| Price Per SF | $56 | Rentable Building Area | 12,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built/Renovated | 2002/2017 |
| Property Type | Industrial | Parking Ratio | 4/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | B | ||
| Zoning | C - Commercial | ||
| Price | $700,000 |
| Price Per SF | $56 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.70 AC |
| Rentable Building Area | 12,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2002/2017 |
| Parking Ratio | 4/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | C - Commercial |
Amenities
- Bus Line
- Property Manager on Site
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Fox Powersports LLC
- -
- -
- -
- -
- MK Auto Sales
- -
- 11,200 SF
- -
- -
- Scalise Industries Inc
- -
- -
- -
- -
- Skinner Service Station
- -
- 2,000 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Fox Powersports LLC | - | - | - | - | ||
| MK Auto Sales | - | 11,200 SF | - | - | ||
| Scalise Industries Inc | - | - | - | - | ||
| Skinner Service Station | - | 2,000 SF | - | - |
1 1
Property Taxes
| Parcel Number | 213089-113-020-0001-036-000-0000 | Improvements Assessment | $187,500 |
| Land Assessment | $19,500 | Total Assessment | $207,000 |
Property Taxes
Parcel Number
213089-113-020-0001-036-000-0000
Land Assessment
$19,500
Improvements Assessment
$187,500
Total Assessment
$207,000
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Presented by
Scalise LLC
5637-5639 State Route 5
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