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

    5010 Us Highway 209 Accord, NY 12404

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    For Sale
    $1,100,000

    High-Visibility Business Property, 7.9 Acres

    Property size:
    12,034 SF

    Property Features for 5010 Us Highway 209

    General Information

    Property type
    Mixed-use properties
    Square Feet
    12,034 SF
    Lot Size
    344,124 SF

    Building Details

    Year Built
    1991

    We can help!

    Listing Contact
    Peter Cantine

    Listing Agency: Halter Associates Realty Listing Agent: Peter Cantine

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

    Learn more

    Property Insight Report

    Overview

    This exceptional mixed-use property in Accord, NY, presents a unique investment opportunity. Spanning 7.9 acres across three contiguous parcels, this offering boasts 12,034 square feet of interior space, ideally suited for a variety of commercial ventures. The property enjoys a prime location directly on US Highway 209, providing unparalleled visibility and high traffic counts, with an impressive 330 feet of road frontage. The zoning designation is Business, allowing for permissive commercial and residential uses by right. The existing warehouse section is strategically prepared for the installation of a new concrete slab, offering flexibility to customize the space to meet specific business requirements and specifications. The sale encompasses a 4.9-acre parcel with an existing building, along with two additional adjacent 1.5-acre parcels. Detailed floor plans and the Town of Rochester Zoning Use Chart are available for review. This property's strategic location, ample space, and flexible zoning make it an attractive proposition for entrepreneurs and investors seeking a prominent commercial presence in a thriving area. The combination of existing structure and buildable land provides significant potential for expansion and adaptation to diverse business needs. Interested parties should review the provided documentation for a comprehensive understanding of the property's features and zoning regulations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Accord
    County
    Ulster
    State
    New York
    Longitude
    -74.22612
    Latitude
    41.79347

    Nearby Similar for Sale

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      1,304 SF

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      571-575 County Rt 2, Accord, NY 12404
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    • $599,000
      1,150 SF

      Income-Producing Cottages in Accord, NY

      Two renovated cottages on one acre, generating rental income.
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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility Business Property, 7.9 Acres
    Where is this mixed-use property located?
    The property is located at 5010 Us Highway 209 Accord, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (845) 679-2010
    Request Owner's contact information
    5010 Us Highway 209 Accord, NY 12404
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    Accord, NY 12404
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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
    5010 Us Highway 209 Accord, NY 12404
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    We can help!
    Listing Contact
    Peter Cantine
    (845) 679-2010 (845) 532-7119
    Learn more
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