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    The Largest CRE Database in the US with Over 1 Million Listings

    38 N Dansville St Cohocton, NY 14826

    Sponsored
    For Sale
    Pending
    $199,900

    COMMERCIAL - Cohocton, NY

    Property size:
    3,514 SF
    Lot size:
    0.61 Acres
    Days on Market:
    19
    Last Refresh:
    Feb 4 at 6:06 pm

    Property Features for 38 N Dansville St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    COM
    APN
    463601-042-016-0001-026-000
    Parking
    30
    Parking features
    Paved or Surfaced
    Exterior features
    PropaneTankLeased
    Size
    3,514 SF
    Lot size
    0.61 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Hot Water(Heating), Forced Air, Propane (Heating), Radiant

    Building Details

    Year built
    1954
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Dineen J. Snyder

    Empire Realty Group (585) 746-9196

    Listing agent Dineen J. Snyder (585) 204-2440 License #10401369622

    Listing date Jan 17, 2026

    MLS# R1568944

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Property Near I-390

    This 3,514 sq. ft. commercial property, located on NY-415 near I-390 in Cohocton, NY, offers various business opportunities. Formerly a pizza shop, and originally an auto repair/body shop and gas station, the property provides flexibility for a variety of uses. It features large overhead doors for equipment and deliveries, radiant floor heating, and dedicated office space. Significant upgrades were completed in 2015, including a new septic system, plumbing, electrical system, roof, radiant floors, LED lighting, and a blacktop driveway. The property's strategic location ensures high visibility and easy accessibility for both local and through traffic. The listing comprises two parcels: 0.61 acres with a structure and 2.7 acres. The parcel with the structure has the Parcel ID -026-000, and the 2.7 acre parcel has the Parcel ID -020-000. The total lot size is 0.6061 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollars & Sense Grocery & Convenience Store

    Suggested Use

    Building Supply Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Department Store Food Market Bar & Pub Grocery & Convenience Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cohocton
    County
    Steuben
    State
    New York
    Longitude
    -77.511201
    Latitude
    42.507202

    Nearby Similar for Sale

    • $144,900
      3,192 SF

      Commercial Property on Main Road

      Commercial property with loading docks and ample parking in Cohocton.
      52 N Dansville St, Cohocton, NY 14826
      View Details
    • $144,900

      Cohocton Commercial Property on Route 415

      Commercial property with loading docks and ample parking on Route 415.
      52 N Dansville St, Cohocton, NY 14826
      View Details
    • $199,900
      3,514 SF

      Cohocton Commercial Building - High Visibility!

      Prime location, versatile space, recent upgrades.
      38 Dansville St, Cohocton, NY 14826
      View Details
    • $144,900
      3,192 SF

      Cohocton Commercial Building - Prime Location

      High-traffic Route 415, 3,192 sq ft, ample parking.
      52 Dansville St, Cohocton, NY 14826
      View Details

    FAQs

    What type of property is this?
    Auto shop - 3,514 sq ft property with high visibility and accessibility.
    Where is this auto shop located?
    The property is located at 38 N Dansville St Cohocton, NY.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Prime location on NY-415 near I-390 offers high visibility and easy accessibility.; - Substantial 3,514 sq. ft. building suitable for diverse business applications.; - Significant upgrades in 2015 including new septic, plumbing, electrical, roof, radiant floors, and blacktop driveway.
    (585) 905-9689
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    38 N Dansville St Cohocton, NY 14826
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    Cohocton, NY 14826
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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
    38 N Dansville St Cohocton, NY 14826
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    We can help!
    Listing Contact
    Dineen J. Snyder
    Real Estate License ID: 10401369622
    (585) 905-9689
    Learn more
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