Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1020 Wolcott Ave Beacon, NY 12508

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500 /Mo

    3000 sqft raw space in busy Beacon strip mall.

    Lot size:
    1.40 Acres

    Property Features for 1020 Wolcott Ave

    General Information

    Standard status
    Active
    Lot size
    1.40 Acres

    We can help!

    Listing Contact
    Owais Khan
    Owais Khan
    Source: Corcoran

    Listing Agency: OXM REALTY GROUP LLC Listing Agent: Owais Khan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Beacon Retail Space For Rent

    Located in a busy strip mall in Beacon, New York, this 3000 sqft raw space is available for rent. The property is situated close to the train station, major highways, and shopping centers. The location, in the heart of Beacon, New York, has an ADT of 12,756. Anchor tenants in the strip mall include H&R Block, a dental office, a pizzeria, a liquor store, and a food mart. This space is suitable for various businesses, including a yoga studio, gym, aerobics or dance studio, or a lab.
    Location Intelligence

    Current Use by Public Records

    Wolcot Wine & Liquor (Bike/Boat/Book/etc) Store Innodent Lab Dental Office LibertyX Bitcoin ATM Atm Beacon Orthodontist Dental Office Health Quest Medical ... Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Beacon
    County
    Dutchess
    State
    New York
    Longitude
    -73.9786798
    Latitude
    41.5010691

    Nearby Similar for Lease

    • $2,500 /Mo
      60,984 SF

      Beacon, NY Commercial Space

      3000 sqft raw space in busy strip mall.
      1020 Wolcott Ave, Beacon, NY 12508
      View Details
    • $3,800 /Mo

      Retail Space in Historic Building

      Retail space suitable for pop-up shop in historic building.
      179 Main St, Beacon, NY 12508
      View Details
    • Contact for pricing
      3,200 SF

      Prime Corner Retail Space Available

      Renovated retail space with high ceilings and natural light.
      340 Main St, Beacon, NY 12508
      View Details
    • $2,900 /Mo
      720 SF

      Street-Level Commercial Space in Beacon

      720 SF commercial space near Beacon's Main Street.
      9 Hanna Ln, Beacon, NY 12508
      View Details
    • $24 SF/Yr

      Divisible Commercial Space in Beacon

      Divisible commercial space available in Beacon's Linkage Zone.
      18 W Main St, Beacon, NY 12508
      View Details
    • $30 SF/Yr

      Beacon Office Space For Rent

      Office space available in Beacon, New York, with flexible options.
      1154 North Ave, Beacon, NY 12508
      View Details
    • Contact for pricing
      5,360 SF

      Former Dealership Commercial Building

      Former Mitsubishi Dealership available for sale in Beacon, NY.
      409 Fishkill Ave, Beacon, NY 12508
      View Details
    • Contact for pricing
      10,158 SF

      Commercial Building in Beacon, NY

      Commercial building for sale/lease near Beacon retailers and landmarks.
      420 Fishkill Ave, Beacon, NY 12508
      View Details
    • Contact for pricing
      19,857 SF

      Commercial Building in Beacon, NY

      Commercial building for sale or lease in Beacon, NY.
      410 Fishkill Ave, Beacon, NY 12508
      View Details
    • $2,550 /Mo

      Renovated Beacon Home with Garden

      Recently renovated two-bedroom home with office and shared garden.
      86 Rombout Ave, Beacon, NY 12508
      View Details
    • $1,800 /Mo

      Beacon 2-Bedroom Apartment Available

      Cozy 2-bedroom apartment with easy access to transportation and amenities.
      1256 North Ave, Beacon, NY 12508
      View Details
    • $24 SF/Yr

      Divisible Commercial Space in Beacon

      Divisible commercial space available in Beacon's Linkage Zone.
      18 W Main St, Beacon, NY 12508
      View Details

    FAQs

    What type of property is this?
    Strip mall - 3000 sqft raw space in busy Beacon strip mall.
    Where is this strip mall located?
    The property is located at 1020 Wolcott Ave Beacon, NY.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: - High traffic location in the heart of Beacon, NY (ADT 12,756).; - 3000 sqft of raw space, customizable for various business types.; - Close proximity to train station, major highways, and shopping centers.
    (845) 705-7846
    Request Owner's contact information
    1020 Wolcott Ave Beacon, NY 12508
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1020 Wolcott Ave
    Beacon, NY 12508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1020 Wolcott Ave Beacon, NY 12508
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Owais Khan
    Owais Khan
    (845) 705-7846 (845) 440-8395
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!