126 Industrial Park DrFrankfort, NY 13340

  • Manufacturing properties
  • 65,100 SF
For Sale
$7,500,000 View listing

Property Details for 126 Industrial Park Dr

Year built
1993
Lot size
9.80 AC
Property size (Sq ft)
65,100 SF
Zone code
R
Property type
Manufacturing properties
APN
212689 104.3-1-27.8
APU
21268910431278

Description

This exceptional 61,500 square foot flex building, situated on 9.8 acres in Herkimer County, presents a unique investment opportunity. Located at 126 Industrial Park Drive, Frankfort, New York, this single-tenant property boasts a newly renovated interior, offering a blend of modern office and warehouse space. The building features a desirable Butler style construction, incorporating approximately 30,000 square feet of climate-controlled office space, perfectly suited for administrative functions or creative work environments. In addition, there is approximately 35,100 square feet of warehouse/manufacturing space, complemented by a studio and gym, catering to a diverse range of business needs. The property's functionality is further enhanced by three dock-level loading doors and three ground-level overhead doors, ensuring efficient loading and unloading operations. The site is strategically prepared for future expansion, with a pad already in place, offering significant potential for growth and adaptation to evolving business requirements. This property is an excellent choice for businesses seeking a versatile and well-equipped space in a convenient location. The combination of modern amenities, ample space, and expansion potential makes this an attractive proposition for a variety of industrial and commercial enterprises.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,510,548
    Hospitality
    $16,955,562
    Educational
    $14,106,828
    Medical
    $14,591,984
    Retail
    $21,943,956
126 Industrial Park Dr, Frankfort, New York

Location Insight

City
Frankfort
County
Herkimer
State
New York
Latitude
43.0761
Longitude
-75.1806
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
2020
$3,156
$28,200
$714,300
$742,500
-
$55,294
$1,400,588
$1,455,882

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