Advance Auto Parts For
75 Robinson St Binghamton, NY 13901
75 Robinson St, Binghamton, NY, 13901
$1,355,000
For Sale
$1,355,000
Advance Auto Parts property for sale in Binghamton, NY.
Property Size7,000 SF
Lot Size0.76 Acres
Price / SF$193.57
Days on Market147
Property Features for 75 Robinson St
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 0.76 Acres
- Property subtype
- Retail
Listing agency
S.L. Nusbaum Realty Co
(757) 287-1490
Listed by
Doug Aronson · License #BK3274104
(757) 287-1490
Source
Slnusbaum
Added: Feb 25 Updated: Jul 10 at 3:55PM Checked: Jul 22 at 4:34AM
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 S.L. Nusbaum Realty Co
Investment Insights
Based on property information with market context.
The Advance Auto Parts property, located at 75 Robinson Street in Binghamton, NY, is available for sale. The building encompasses approximately 7,000 square feet and is situated on approximately 0.76 acres at a signalized corner. The property benefits from excellent visibility from the feeder road leading to Interstates 81 and 86. Strategically positioned within a mile of numerous auto repair shops, the property is also located 10 minutes from Binghamton University. The building is slated to receive a new roof in 2025.
Key Highlights
- 10 Years of Initial Lease Term Remaining.
- New Roof in 2025.
- Located at a Signalized Corner Leading to Interstates 81 and 86.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.0k | $15.00 |
| − Vacancy | −$4.4k | −$0.63 |
| EGI | $100.6k | $14.37 |
| − OpEx | −$30.2k | −$4.31 |
| NOI | $70.4k | $10.06 |
7,000 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$880.2K – $1.17M
NOI $70,413 @ 7.0% cap · market cap 5.20%
Second Best
Industrial
$618.5K
$541.2K – $721.6K
NOI $43,293 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,565 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UPS Access Point ...
Courier Service
Auto Loans Near ...
Loan Service
Advance Auto Parts
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- New York Auto Radiator, Inc. — 146 Susquehanna St, Binghamton, NY 13901
- Williams Toyota of Binghamton Service — 393 Court St, Binghamton, NY 13904
- Trailer Rental at U-Haul — 113 Chenango St, Binghamton, NY 13901
- U-Box at U-Haul — 113 Chenango St, Binghamton, NY 13901
- U-Haul Moving & Storage of Binghamton — 113 Chenango St, Binghamton, NY 13901
FAQs
What type of property is this?
Automotive property - Advance Auto Parts property for sale in Binghamton, NY.
Where is this automotive property located?
The property is located at 75 Robinson St Binghamton, NY.
What is the asking price?
The asking price for this property is $1,355,000.
What are key features of this property?
This property features: 10 Years of Initial Lease Term Remaining.; New Roof in 2025.; Located at a Signalized Corner Leading to Interstates 81 and 86.
