Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Versatile Professional Building on One-Acre Lot Title is generated by Realmo AI

    165 W Shore Boulevard, Newark, NY 14513

    View on Map
    Claim this Listing
    For Sale
    $315,000

    SINGLE_FAMILY - Newark, NY

    Type:Office
    Property size:
    2,412 SF
    Lot size:
    1.09 Acres
    Price / SF:
    $130/SF
    Added:
    Mar 2, 2026
    Days on Market:
    74
    Last Refresh:
    May 15 at 5:06 am

    Property Features for 165 W Shore Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    PID
    Parking
    20
    Parking features
    Paved or Surfaced
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    542001-068-111-0017-150-145-0000
    Size
    2,412 SF
    Lot size
    1.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    16059

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Vinyl, Linoleum
    Building materials
    AtticCrawlHatchwaysInsulated, BlownInInsulation
    Roof type
    Asphalt, Shingle

    We can help!

    Listing Contact
    David A. Doebler
    David A. Doebler

    Listing agent David A. Doebler License #10491208945

    Listing office Doebler Realty, LLC 614 S Main St, Newark, NY

    Listing date Mar 2, 2026

    MLS# R1664477

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Versatile 2,412 SF professional building on a one‑acre lot with high visibility
    • Flexible, easily reconfigurable interior due to free‑span construction
    • Fully handicap‑accessible facility with two ADA‑compliant bathrooms
    • Ample parking on a large blacktop driveway
    • Turn‑key infrastructure: public water/sewer, natural gas forced air, and central air
    • Includes a dedicated staff breakroom and two private offices

    Overview

    This impeccably maintained 2,412 square foot professional building offers a versatile space to maximize business potential. Currently operating as a successful medical practice, the property sits on a sprawling 1.09-acre lot, offering high visibility and functional design. The property features a custom exterior that provides a sophisticated, modern office aesthetic. The interior features free-span construction, making it easily reconfigurable. The potential layout allows for seamless retrofitting for a medical clinic, law firm, open span, or creative studio. The facility is fully handicap-accessible, including two ADA-compliant bathrooms for clients/patients and an additional private staff bathroom. It is equipped with public water and sewer, a natural gas forced air furnace, and central air. A large blacktop driveway provides ample parking for staff and clients on the well-manicured parcel. Staff amenities include a dedicated breakroom area and two private offices. This property is located in Newark, NY, and is suitable for commercial real estate use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Complete Foot Care ... Physician Carrie Zehr O'Neill, ... Physician Courtney Laura Bogart, ... Physician Dr. Carrie O'neill Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Newark Veterinary Hospital — 155 W Shore Blvd, Newark, NY 14513

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.102702
    Latitude
    43.049366

    Nearby Similar for Sale

    • $999,999
      22,364 SF

      Newark Retail Opportunity on 1.56 Acres

      High-traffic retail property in Newark, NY with ample parking.
      100 Mason Street, Newark, NY 14513
      View Details
    • $149,900
      2,297 SF

      Remodeled Craftsman Building in Newark

      Remodeled commercial building with flexible layout and ample parking.
      506 W Union St, Newark, NY 14513
      View Details
    • $375,000
      10,912 SF

      Mixed-Use Investment Property on Main

      Mixed-use property with storefronts and residential unit in Newark, NY.
      214 S Main Street, Newark, NY 14513
      View Details
    • $249,000

      Spacious Village Home with Units

      Two-story home with three units, ideal for investment.
      205 Church St, Arcadia, NY 14513
      View Details
    • $229,900
      11,891 SF

      Mixed-Use Building in Newark

      Mixed-use commercial/residential building with income potential in Newark, NY.
      633 South Main Street, Arcadia, NY 14513
      View Details
    • $1,250,000
      22,364 SF

      Commercial Property in Newark, NY

      Commercial property for sale in Newark, New York.
      100 Mason St, Newark, NY 14513
      View Details
    • $750,000

      38-Unit Mobile Home Park

      Mobile home park with vacant pads in Wayne County.
      3767 Fairville Maple Ridge Rd, Newark, NY 14513
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Impeccably maintained 2,412 SF professional building on a one-acre lot.
    Where is this medical office space located?
    The property is located at 165 W Shore Boulevard Newark, NY.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: Versatile 2,412 SF professional building on a one‑acre lot with **high visibility**; Flexible, easily reconfigurable interior due to free‑span construction; Fully handicap‑accessible facility with **two ADA‑compliant bathrooms**
    (315) 331-7070
    We can help!
    Listing Contact
    David A. Doebler
    David A. Doebler
    Real Estate License ID: 10491208945
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    165 W Shore Boulevard, Newark, NY 14513
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!