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    Versatile Commercial Property with Business Title is generated by Realmo AI

    1225 New York 7, Richmondville, NY 12149

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    Claim this Listing
    New
    For Sale
    $999,900

    COMMERCIAL - Other - Richmondville, NY

    Property size:
    11,284 SF
    Lot size:
    1.69 Acres
    Price / SF:
    $88/SF
    Added:
    May 28, 2026
    Days on Market:
    3
    Last Refresh:
    May 30 at 1:06 pm

    Property Features for 1225 New York 7

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Parking
    20
    Parking features
    Garage
    Standard status
    Active
    APN
    434089 89.-2-17.2
    Size
    11,284 SF
    Lot size
    1.69 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9662

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Oil, Baseboard, Forced Air, Electric (Heating)
    Water source
    Well

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Loder

    Listing agent Matthew Loder License #10311204132

    Listing office Country Boy Realty 753 E Main St, Cobleskill, NY

    Listing date May 28, 2026

    MLS# 202618395

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Includes a highly profitable, fully operating home heating oil delivery business with established regional customer base, 4 delivery trucks, and 2 tractor‑trailers and tankers.
    • Multi‑building facility totaling 11,284 square feet with diverse revenue streams from commercial, warehouse, self‑storage, and office space.
    • Features 47 self‑storage units generating $2,030/month.
    • Includes 3,360 square feet of retail space with a leased commercial tenant generating immediate cash flow and a plumbed workshop with an automotive lift.
    • Strategically located directly on State Route 7 and moments from Interstate 88, providing efficient transport logistics and easy access to key areas.
    • Contains 3,524 square feet of dedicated office and commercial garage space, including a professional three‑office layout leading into a 3‑bay shop.

    Overview

    This commercial property features a multi-building facility totaling 11,284 square feet of commercial, warehouse, self-storage, and office space. Included in the sale is a fully operating home heating oil delivery business. The operational footprint consists of 3,524 square feet of dedicated office and commercial garage space. Assets include the business, four delivery trucks, and two tractor-trailers and tankers. A 3,400-square-foot section of the complex houses 47 self-storage units, generating $2,030 per month. The property also features 3,360 square feet of retail space, including a plumbed workshop equipped with an automotive lift and a leased commercial tenant space. Administrative operations are supported by a professional three-office layout that leads directly into the 3-bay shop. This property, situated on a 1.69-acre lot, offers a combination of a successful oil delivery business and rental property. It is located on State Route 7, near Interstate 88, providing access to Cobleskill, Oneonta, and the Capital District.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Richmondville
    County
    Schoharie
    State
    New York
    Longitude
    -74.535212
    Latitude
    42.644041

    FAQs

    What type of property is this?
    Self storage facility - Multi-building facility with business, storage, retail, and office space.
    Where is this self storage facility located?
    The property is located at 1225 New York 7 Richmondville, NY.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: Includes a highly profitable, fully operating home heating oil delivery business with established regional customer base, 4 delivery trucks, and 2 tractor‑trailers and tankers.; Multi‑building facility totaling 11,284 square feet with diverse revenue streams from commercial, warehouse, self‑storage, and office space.; Features **47 self‑storage units generating $2,030/month.**
    (518) 378-1235
    We can help!
    Listing Contact
    Matthew Loder
    Real Estate License ID: 10311204132
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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