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    1234 State Route 392 Cortland, NY 13045

    For Sale
    $995,000

    SINGLE_FAMILY - Cortland, NY

    Type:Office
    Property size:
    6,560 SF
    Lot size:
    3.11 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 1234 State Route 392

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    COM 1
    APN
    114600-126-014-0002-037-000-0000
    Parking
    10
    Size
    6,560 SF
    Lot size
    3.11 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water source
    Well

    Building Details

    Year built
    1975
    Floors in Building
    1
    Roof type
    Metal

    Yaman Real Estate (607) 753-9644 [email protected]

    Listing agent Jeffrey Guida (607) 753-9644 License #10301218984

    Listing date Oct 10, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Virgil Property with Multiple Streams

    Located in Virgil, NY, this 3.11-acre property offers a turn-key investment opportunity with three distinct revenue streams. The property features Empire Welding, a welding operation established for 44 years, including all essential equipment and machinery. The current owner is open to providing training to ensure a smooth transition. Additionally, there is a self-storage facility consisting of three steel buildings with 75 fully rented storage units, generating a gross annual income of $65,000. The property also includes an established U-Haul truck rental business with a consistent gross annual income of $10,000. The property is zoned COM 1 and contains 6,560 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Bakery Home Appliance Store Storage Facility Car Rental Bed & Breakfast Coworking Space

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cortland
    County
    Cortland
    State
    New York
    Longitude
    -76.193311
    Latitude
    42.509948

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    FAQs

    What type of property is this?
    Self storage facility - Turn-key investment opportunity with welding business, storage, and U-Haul.
    Where is this self storage facility located?
    The property is located at 1234 State Route 392 Cortland, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Three distinct revenue streams: welding business, self-storage, and U-Haul rental.; - Established and profitable Empire Welding business (44 years) with equipment included.; - Self-storage facility with 75 fully rented units generating $65,000 annual income.
    (607) 753-9644
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    Cortland, NY 13045
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    Realmo Value Estimation

    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.

    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.

    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
    1234 State Route 392 Cortland, NY 13045
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