90 Colin DrHolbrook, NY 11741

  • Investment properties
  • 2.94 AC
For Lease
$12/SF/YR View listing

Property Details for 90 Colin Dr

Lot size
2.94 AC
Zone code
IND1
Property type
Investment properties
Property subtype
Retail residential properties
APN
0500-218.00-01.00-004.007
APU
500218000100004007

Description

90 Colin Drive in Holbrook, NY, presents a unique opportunity to lease prime commercial space. This 40,000 square foot building offers a blend of executive office and warehouse space, perfect for a variety of businesses. The property is zoned Light Industrial L1 and located in Suffolk County, with easy access via its Holbrook address and 11741 zip code. Multiple tenancy options are available, with spaces ranging from a minimum of 3,297 square feet to a maximum contiguous space of 5,100 square feet. Currently, 12,935 square feet of space is vacant and ready for immediate occupancy. The building features a 16-foot ceiling height, providing ample vertical space for storage or high-bay racking systems. Twelve loading docks ensure efficient loading and unloading operations. The property boasts robust three-phase power with 200 amps, suitable for power-intensive operations. Essential amenities such as sewers and sprinklers are included. This property offers a flexible layout, allowing businesses to customize the space to meet their specific needs, whether they are a small startup or a large established company. This is an exceptional opportunity to secure a well-equipped and strategically located commercial property in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,354,176
    6.5%
    $27,096,162
    7%
    $25,160,722
  • Comparable approach

    Method
    Valuation
    Relative Method
    $25,936,310
    Geo Method
    $25,936,310
  • Alternative Use

    Use
    Valuation
    Residential
    $27,096,162
    Hospitality
    $24,819,938
    Educational
    $20,649,898
    Medical
    $21,360,080
    Retail
    $32,122,064

Location Insight

City
Holbrook
County
Suffolk
State
New York
Latitude
40.7754
Longitude
-73.0508
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA 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
2020
-
$117,600
$288,900
$406,500
-
$1,615,385
$3,968,407
$5,583,792

FAQs

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