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2283 Helderberg Trl

17,731 SF 100% Leased Industrial Building Berne, NY 12023 $500,000 ($28/SF) 10.70% Cap Rate

Investment Highlights

  • Tremendous business opportunity keeping it in it's current use as a Storage Facility or many potential uses for your own business.
  • Nominal building sizes 2 @ 28X60, 1 @ 30X60, 1 @ 30X75, 1 @ 50X60 All with power and Concrete Floors!!!
  • Current net income over $50K a year) projected potential Net Income $70-$100K with current buildings. Call for additional Details!!
  • Current CAP Rate 10.7% easily increased to 15% with additional utilization of current facility.
  • Additionally a 10X 60' Building, A horse Stable with Corral the large Heated Shop Building with 1 BR Living area & Separate restroom facility building

Executive Summary

Tremendous business opportunity keeping it in it's current use as a Storage Facility or many potential uses for your own business. Current CAP Rate 10.7% easily increased to 15% with additional utilization of current facility. Room to double the size on the existing acreage! Nominal building sizes 2 @ 28X60, 1 @ 30X60, 1 @ 30X75, 1 @ 50X60 All with power and Concrete Floors!!! Additionally a 10X 60' Building, A horse Stable with Corral the large Heated Shop Building with 1 BR Living area & Separate restroom facility building. Current net income over $50K a year) projected potential Net Income $70-$100K with current buildings. Call for additional Details!!

Property Facts

Price $500,000
Price Per SF $28
Sale Type Investment
Cap Rate 10.70%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 7.25 AC
Rentable Building Area 17,731 SF
No. Stories 1
Year Built 1970
Parking Ratio 10/1,000 SF
No. Drive In / Grade-Level Doors 14

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013200-078-000-0001-007-000-0000
Land Assessment
$23,500
Improvements Assessment
$107,800
Total Assessment
$131,300
  • Listing ID: 32488036

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 2283 Helderberg Trl, Berne, NY 12023

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