Auto Repair Facility For
For Sale
$775,000
580 4TH Street, Troy, NY 12180
Large auto repair facility with equipment and secure yard.
Property Size4,025 SF
Price / SF$192.55
Days on Market503
Property Features for 580 4TH Street
General Information
Standard status
Active
Size
4,025 SF
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Scott Film Realty,LLC
(518) 274-8001
Listed By:
Scott M Film · License #49FI0903791
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Apr 11, 2025
Changed: Aug 25
Last Checked: Aug 26 at 9:51AM
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 Scott Film Realty,LLC
Investment Insights
Based on property information with market context.
This is a large auto repair facility featuring a large lot and a fenced, secure yard area. The property includes equipment such as three main lifts, an alignment machine lift, an inspection license machine, tire mount and balance machines, air conditioning machines, a 15-ton press, a bearing press, and two compressors, welders, and other equipment. The building has an asphalt and metal roof. The office and part of the shop area are equipped with central air conditioning. Additional features include garage door openers and a loft area for storage. The property size is 4025 square feet.
Key Highlights
- Fully equipped auto repair facility - ready for immediate business operation.
- Includes essential equipment: lifts, alignment machine, tire machines, A/C machines, presses, welders, and compressors.
- Large lot with fenced, secure yard area.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,585
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$971,700
$971.7K
Cap Rate 7%
$694,071
$694.1K
Cap Rate 9%
$539,833
$539.8K
Market Conditions
NOI Build-Up for 4,025 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.5K $18.00/SF
− Vacancy
−$3.0K −$0.76/SF
EGI
$69.4K $17.24/SF
− OpEx
−$20.8K −$5.17/SF
NOI
$48.6K $12.07/SF
Area
Albany County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$971,700
Cap Rate 7%
$694,071
Cap Rate 9%
$539,833
Alternative Uses
Best Use
Retail
$694.1K
$607.3K – $809.8K
NOI $48,585 @ 7.0% cap · market cap 6.27%
Second Best
Industrial
$540.2K
$472.7K – $630.2K
NOI $37,813 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,918 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fred's Discount Tire & Auto Repair Troy — 790 Burden Ave, Troy, NY 12180
- Joe's Canvas & Auto Uphlstry — 256 broadway, watervliet, ny 12189
- Tire Essentials — 689 burden ave, troy, ny 12180
- Essentials Towing & Recovery — 689 Burden Ave, Troy, NY 12180
- Essentials Auto Repair — 689 Burden Ave, Troy, NY 12180
Frequently Asked Questions
What type of property is this?
Auto shop - Large auto repair facility with equipment and secure yard.
Where is this auto shop located?
The property is located at 580 4TH Street Troy, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Fully equipped auto repair facility - ready for immediate business operation.; Includes essential equipment: **lifts, alignment machine, tire machines, A/C machines, presses, welders, and compressors.**; Large lot with fenced, secure yard area.
