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    Multi-Building Commercial Storage Facility Title is generated by Realmo AI

    1225 State Route 7, Richmondville, NY 12149

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    New
    For Sale
    $999,900

    Multi-building complex with self-storage, warehouse/garage, retail workshop, and office space anchored by a home heating oil business.

    Type:Commercial
    Property size:
    11,284 SF
    Price / SF:
    $88/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:51 am

    Property Features for 1225 State Route 7

    General Information

    Standard status
    Active
    Size
    11,284 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Matthew Loder
    Matthew Loder

    Listing agent Matthew Loder License #10311204132

    Listing office Country Boy Realty

    Listing date Jun 3, 2026

    Source Elliman

    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 Country Boy Realty

    HighLights

    • 11,284 SF multi‑building complex with commercial, warehouse, self‑storage, and office space (built in 1985).
    • Includes a fully operating home heating oil delivery business with operational space of 3,524 SF plus delivery equipment.
    • Business sale includes 4 delivery trucks and 2 tractor‑trailers and tankers.
    • 3,400 SF of self‑storage with 47 units generating $2,030/month.
    • Includes 3,360 SF retail space with a plumbed workshop equipped with an automotive lift.
    • Leased commercial tenant space plus 3‑office administrative layout leading to a 3‑bay shop; directly on State Route 7.

    Overview

    This multi-building commercial property totals 11,284 square feet and combines warehouse, self-storage, office, and retail/workshop space with an operating home heating oil delivery business. The operational footprint includes 3,524 square feet of dedicated office and commercial garage space, arranged with a professional three-office administrative layout leading directly into a 3-bay shop. The sale also includes the business and delivery fleet, including 4 delivery trucks and 2 tractor-trailers and tankers.

    A 3,400-square-foot section of the complex houses 47 self-storage units, currently generating $2,030 per month. The property also includes 3,360 square feet of retail space, including a separate plumbed workshop with an automotive lift, plus a leased commercial tenant space. The business and buildings are situated directly on State Route 7, with convenient access described to be just moments from the Interstate 88 corridor.

    For buyers and tenants seeking a versatile property with multiple operating components, this configuration offers administrative space, garage capacity, storage units, and retail/workshop uses under one ownership. The inclusion of the operating heating oil delivery business and the on-site commercial fleet adds an integrated functionality that may appeal to owner-operators and investors looking for diversification across storage, leasing, and service operations.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Building Supply Auto Repair Shop Big Box & Wholesale Store Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmondville
    County
    Schoharie
    State
    New York
    Longitude
    -74.5347244
    Latitude
    42.6444758

    Nearby Similar for Sale

    • $999,900
      11,284 SF

      Versatile Commercial Property with Business

      Multi-building facility with business, storage, retail, and office space.
      1225 New York 7, Richmondville, NY 12149
      View Details
    • $299,900
      2,672 SF

      Richmondville Income-Producing Multi-Family Property

      Two homes on 3 acres, ideal for income or living.
      401 State Route 7, Richmondville, NY 12149
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Multi-building complex with self-storage, warehouse/garage, retail workshop, and office space anchored by a home heating oil business.
    Where is this self storage facility located?
    The property is located at 1225 State Route 7 Richmondville, NY.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: 11,284 SF multi‑building complex with commercial, warehouse, self‑storage, and office space (built in 1985).; Includes a fully operating home heating oil delivery business with operational space of 3,524 SF plus delivery equipment.; Business sale includes 4 delivery trucks and 2 tractor‑trailers and tankers.
    (518) 378-1235
    We can help!
    Listing Contact
    Matthew Loder
    Matthew Loder
    Real Estate License ID: 10311204132
    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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