5-Office Professional Office
For Sale
Contact for pricing
1130 Corporate Drive, Auburn, NY 13021
One-story workspace includes a private entrance, kitchenette, restroom, dedicated parking, and ongoing site-maintenance services.
Property Size1,125 SF
Price / SF$1.46
Days on Market86
Property Features for 1130 Corporate Drive
General Information
Standard status
Active
Size
1,125 SF
Property subtype
CommercialLease
Listing Agency:
Riordan Realty
(315) 252-4687
Listed By:
Susan M. Riordan · License #10371200212
(315) 730-8974
Source:
Nicholcityrealty
Added: Jul 25
Changed: Oct 12
Last Checked: Oct 16 at 8:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Riordan Realty
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Investment Insights
Based on property information with market context.
This one-story office unit at 1130 Corporate Drive provides approximately 1,125 square feet of workspace arranged around five private offices. The suite also includes its own entrance, a restroom, and a kitchenette, creating a contained setting for professional operations and client visits. Exterior security is included, along with four dedicated parking spaces.
The property is located in Auburn, NY, and the occupancy package includes utilities, lawn maintenance, and snow plowing. These included services support straightforward day-to-day operations while the private layout offers separation for individual offices within a compact commercial setting.
The property is located in Auburn, NY, and the occupancy package includes utilities, lawn maintenance, and snow plowing. These included services support straightforward day-to-day operations while the private layout offers separation for individual offices within a compact commercial setting.
Key Highlights
- Approximately 1,125 square feet of office space
- Five private offices in a one‑story building
- Private entrance, restroom, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,998
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,960
$280.0K
Cap Rate 7%
$199,971
$200.0K
Cap Rate 9%
$155,533
$155.5K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$23.6K $21.00/SF
− Vacancy
−$5.0K −$4.41/SF
EGI
$18.7K $16.59/SF
− OpEx
−$4.7K −$4.15/SF
NOI
$14.0K $12.44/SF
Area
Cayuga County, NY
Vacancy
21.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,960
Cap Rate 7%
$199,971
Cap Rate 9%
$155,533
Alternative Uses
Best Use
Office B
$200.0K
$175.0K – $233.3K
NOI $13,998 @ 7.0% cap · market cap 853.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.3K
$218.2K – $290.9K
NOI $17,453 @ 7.0% cap · market cap 1,064.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - One-story workspace includes a private entrance, kitchenette, restroom, dedicated parking, and ongoing site-maintenance services.
Where is this office units located?
The property is located at 1130 Corporate Drive Auburn, NY.
What are key features of this property?
This property features: Approximately 1,125 square feet of office space; Five private offices in a one‑story building; Private entrance, restroom, and kitchenette
