4428 State Route 94
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4428 State Route 94
6,240 SF Industrial Building Florida, NY 10921 $7,199,230 CAD ($1,154 CAD/SF) 7.71% Cap Rate
EXECUTIVE SUMMARY
This commercial property gives you the opportunity to own a cash cow investment, with 5.1 acres of commercial property leased for parking trucks, trailers, boats, RV's, used cars, a fully leased warehouse used as an auto repair shop, garages, and additionally it has 5 residential units.
Great location, just 4 minutes 3.4 miles off the Exit 126 Florida NY. This is a value-added opportunity, Since all units are rented under fair market value. In a high demand area which it's a good & easy investment since it doesn't require much maintenance, management, or repairs. This property can be redeveloped for about 100,000 sq ft industrial building, or you can just keep all the structures and build about 40,000 sf warehouse building.
Currently the property has storage and tenants in place generating a great monthly income.
Property is sold together with 4430 NY 94 Florida NY.
Great location, just 4 minutes 3.4 miles off the Exit 126 Florida NY. This is a value-added opportunity, Since all units are rented under fair market value. In a high demand area which it's a good & easy investment since it doesn't require much maintenance, management, or repairs. This property can be redeveloped for about 100,000 sq ft industrial building, or you can just keep all the structures and build about 40,000 sf warehouse building.
Currently the property has storage and tenants in place generating a great monthly income.
Property is sold together with 4430 NY 94 Florida NY.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 333089-020-000-0001-025.110-0000 | Improvements Assessment | $211,605 CAD |
| Land Assessment | $142,071 CAD | Total Assessment | $353,676 CAD |
PROPERTY TAXES
Parcel Number
333089-020-000-0001-025.110-0000
Land Assessment
$142,071 CAD
Improvements Assessment
$211,605 CAD
Total Assessment
$353,676 CAD
ZONING
| Zoning Code | 04100 |
| 04100 |
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4428 State Route 94
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