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9 Holt Dr - Redevelopment oppty - owner user with income

2 Acres of Industrial Land Offered at $4,214,040 CAD in Stony Point, NY 10980

Investment Highlights

  • Shovel ready approved plans to build for 19,000 SF
  • Income producing single tenant leased property included
  • 30' ceiling approval

Executive Summary

Enjoy $130,000 annual income from NNN Single tenant while building a 19,000 SF Industrial Warehouse.

Property Facts

Price $4,214,040 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Warehouse
Total Lot Size 2.00 AC

1 Lot Available

Lot

Price $4,214,040 CAD
Price Per AC $2,107,020 CAD
Lot Size 2.00 AC

2+ acres of shovel-ready industrial land with approval to build 19,000+ SF warehouse with 30' ceilings. Land has an existing 8,000 SF tenant producing income of approximately $130,000 per year Pro-Forma and site plans availalble

Description

Approximately 2 acres zoned industrial with approval plans to construct 19,000 SF warehouse with 30'ceilings. On the property now is an 8,000 SF Industrial Building occupied and generating approximately $130,000 per year from a NNN lease that expires in Sept 2025 and has two, 5-year renewals. Plans allow to connect 19,000 SF to that 8,000 SF structure to create a 27,000 SF warehouse. Suitable for owner-user or investor / developer. All utilities are in place., and easily connected. Shovel ready plans, including elevations, drawings, existing tenant's lease are available after further expressions of interest. Great location just off Route 9W in Stony Point.

zoning

Zoning Code Industrial, lite mfg
Industrial, lite mfg
  • Listing ID: 31393150

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: 9 Holt Dr, Stony Point, NY 10980

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