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    Two-Story Storage Barn in Stamford Title is generated by Realmo AI

    7 1/2 Railroad Avenue, Stamford, NY 12167

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    Pending
    $49,000

    COMMERCIAL - Stamford, NY

    Property size:
    1,100 SF
    Lot size:
    0.17 Acres
    Added:
    Sep 14, 2023
    Days on Market:
    973
    Last Refresh:
    May 13 at 6:06 am

    Property Features for 7 1/2 Railroad Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    VC
    Rooms
    Basement
    Parking
    25
    Parking features
    Paved or Surfaced
    Standard status
    Pending
    APN
    54.10-8-9.2
    Size
    1,100 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    48

    Building Details

    Year built
    1850
    Floors in Building
    2
    Flooring type
    Hardwood, Varies
    Roof type
    Metal

    We can help!

    Listing Contact
    Robert Kennedy
    Robert Kennedy

    Listing agent Robert Kennedy License #10401358878

    Listing office Coldwell Banker Timberland Properties 109 Main Street, Margaretville, NY

    Listing date Sep 14, 2023

    MLS# R1496641

    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.

    HighLights

    • Direct access to The Catskill Scenic Trail, ideal for an eco‑friendly business or recreational use.
    • Commercially zoned location in Stamford Village, NY, offering business potential.
    • Two‑story storage barn with approximately 1,100 s/f of space.
    • Ample parking available in a public lot maintained year‑round by the village.
    • Unique layout with a two‑room dirt floor area and an open wood‑floored area.
    • Electric service available, with potential to add heating, water, and septic.

    Overview

    This two-story storage barn, situated on a commercially zoned 0.17-acre parcel, offers approximately 1,100 square feet of space. Located in Stamford Village, NY, the property provides direct access to The Catskill Scenic Trail, presenting opportunities for an eco-friendly business such as bike or ski rentals. The lower level features a two-room area with dirt floors, while the ground level offers an open area with wood flooring and a separate entrance from the public parking lot. Stairs lead to additional storage space on the top floor. Electric service is available. The property does not currently have heating, water, or septic facilities, but some of these amenities could be added. The location is suitable for businesses catering to the local business, tourist, and live music scenes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • OSMOS Upstate LLC — 22a Railroad Ave, Stamford, NY 12167

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Delaware
    State
    New York
    Longitude
    -74.616454
    Latitude
    42.407252

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    • $49,000
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      Two-Story Storage Barn with Parking

      Two-story storage barn with parking and trail access in Stamford.
      7 1/2 Railroad Avenue, Stamford, NY 12167
      View Details

    FAQs

    What type of property is this?
    Warehouse - Commercially zoned storage barn with trail access in Stamford, NY.
    Where is this warehouse located?
    The property is located at 7 1/2 Railroad Avenue Stamford, NY.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: Direct access to The Catskill Scenic Trail, ideal for an eco‑friendly business or recreational use.; Commercially zoned location in Stamford Village, NY, offering business potential.; Two‑story storage barn with approximately 1,100 s/f of space.
    (917) 697-3469
    We can help!
    Listing Contact
    Robert Kennedy
    Robert Kennedy
    Real Estate License ID: 10401358878
    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.

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