Automotive Property with Warehouse
For Sale
$499,999
15 Pasco Avenue, Queensbury, NY 12804
A paved yard accommodates more than 500 vehicles alongside a recently constructed building for business or storage use.
Property Size3,300 SF
Lot Size10.21 Acres
Price / SF$151.51
Days on Market372
Property Features for 15 Pasco Avenue
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
20
Lot size
10.21 Acres
Property subtype
Commercial
Zoning
Single Residence
Additional Details
Outdoor Storage
Yes
Automotive Uses
vehicle storage
Real Estate Included
Yes
Property Use
Salvage Yard
Taxes and HOA fees
Annual Taxes
$8,990
Amenities
paved parking
Building Details
Year Built
2003
Buildings
1
Building Size
3,300 SF
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Wayne Hartard · License #10301215860
(631) 708-5249
Source:
Chadmajewski
Added: Oct 29, 2025
Changed: Nov 4
Last Checked: Nov 4 at 2:16PM
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 eXp Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property combines a paved vehicle yard with a 3,300-square-foot building constructed in 2003. The building is suited to business, storage, or warehouse use, and the site includes paved parking with capacity for more than 500 vehicles.
The property spans 10.21 acres across two parcels: 2.71 acres and 7.5 acres. Its zoning is Single Residence.
The property spans 10.21 acres across two parcels: 2.71 acres and 7.5 acres. Its zoning is Single Residence.
Key Highlights
- 10.21 acres across two parcels of 2.71 acres and 7.5 acres
- 3,300‑square‑foot building constructed in 2003
- Paved yard with space for 500+ vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,878
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,560
$637.6K
Cap Rate 7%
$455,400
$455.4K
Cap Rate 9%
$354,200
$354.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$49.5K $15.00/SF
− Vacancy
−$4.0K −$1.20/SF
EGI
$45.5K $13.80/SF
− OpEx
−$13.7K −$4.14/SF
NOI
$31.9K $9.66/SF
Area
Warren County, NY
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,560
Cap Rate 7%
$455,400
Cap Rate 9%
$354,200
Alternative Uses
Best Use
Retail
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 6.38%
Second Best
Warehouse
$354.0K
$309.8K – $413.1K
NOI $24,783 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$987.7K
$864.3K – $1.15M
NOI $69,142 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12804, NY
27,790
Population
13,287
Households
2.1
Avg Household Size
47
Median Age
39%
College-Educated
94%
High-School Grad
54.7 sq mi
ZIP Area
508
Density / Sq Mi
$90,074
Median Household Income
$50,368
Median Earnings
$1,209
Median Rent
$284,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Automotive property - A paved yard accommodates more than 500 vehicles alongside a recently constructed building for business or storage use.
Where is this automotive property located?
The property is located at 15 Pasco Avenue Queensbury, NY.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 10.21 acres across two parcels of 2.71 acres and 7.5 acres; 3,300‑square‑foot building constructed in 2003; Paved yard with space for 500+ vehicles
