2
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0 Corwin Road
About This Property
Well-positioned for future development or long-term investment, this site offers strong upside potential as industrial growth continues to expand throughout the region. The attractive pricing makes it an ideal entry point for developers, owner-users, or investors seeking exposure to a high-demand industrial market with proven entitlement activity nearby.
A rare chance to secure strategically located industrial land at a compelling value, surrounded by major approved projects and future growth drivers.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2026 | Listed by First Team Real Estate-HighDes | $195,000 | |
| Listed by First Team Real Estate-HighDes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017