5637-5639 State Route 5
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5637-5639 State Route 5
12,500 SF 100% Leased Industrial Building Herkimer, NY 13350 £665,083 (£53/SF) 7.41% Net Initial Yield
Investment Highlights
- Located ten minutes from the thruway.
- Located ten minutes from main plazas that have Walmart, Dollar Tree, & McDonalds.
Executive Summary
Steel insulated building on 2.5 acres
5 tenant spaces .
5 tenant spaces .
Property Facts
| Price | £665,083 | Lot Size | 1.70 AC |
| Price Per SF | £53 | Rentable Building Area | 12,500 SF |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 7.41% | Year Built/Renovated | 2002/2017 |
| Property Type | Industrial | Parking Ratio | 4/1,000 SF |
| Property Subtype | Warehouse | Level Access Doors | 1 |
| Building Class | B |
| Price | £665,083 |
| Price Per SF | £53 |
| Sale Type | Investment |
| Net Initial Yield | 7.41% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.70 AC |
| Rentable Building Area | 12,500 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 2002/2017 |
| Parking Ratio | 4/1,000 SF |
| Level Access Doors | 1 |
Amenities
- Bus Route
- Property Manager on Site
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Fox Powersports LLC
- -
- -
- -
- -
- MK Auto Sales
- -
- 11,200 SF
- -
- -
- Scalise Industries Inc
- -
- -
- -
- -
- Skinner Service Station
- -
- 2,000 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Fox Powersports LLC | - | - | - | - | ||
| MK Auto Sales | - | 11,200 SF | - | - | ||
| Scalise Industries Inc | - | - | - | - | ||
| Skinner Service Station | - | 2,000 SF | - | - |
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PROPERTY TAXES
| Parcel Number | 213089-113-020-0001-036-000-0000 | Improvements Assessment | £146,709 |
| Land Assessment | £15,258 | Total Assessment | £161,967 |
PROPERTY TAXES
Parcel Number
213089-113-020-0001-036-000-0000
Land Assessment
£15,258
Improvements Assessment
£146,709
Total Assessment
£161,967
zoning
| Zoning Code | C |
| C |
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Scalise LLC
5637-5639 State Route 5
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