Automotive
1874 Quaker Road, Barker, NY 14012
For Sale
Contact for pricing
The existing building requires extensive renovation and is offered in as-is condition.
Property Size2,904 SF
Days on Market19
Property Features for 1874 Quaker Road
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Real Estate Included
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway Homeservices Zambito Realtors
Listed By:
Michael Bartlett · License #10401352411
(716) 622-9008
Source:
Highfallssir
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 12:17PM
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 Berkshire Hathaway Homeservices Zambito Realtors
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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.
Built in 1920, the property contains a building formerly used as an automotive repair shop. Extensive renovation and rehabilitation are needed throughout. The sale is as-is, with no repairs to be made by the seller.
Key Highlights
- Building dates to 1920
- Previously operated as an automotive repair shop
- Extensive renovation and rehabilitation are needed throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,341
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,820
$406.8K
Cap Rate 7%
$290,586
$290.6K
Cap Rate 9%
$226,011
$226.0K
Market Conditions
NOI Build-Up for 2,904 SF
Gross rent
$29.6K $10.20/SF
− Vacancy
−$563 −$0.19/SF
EGI
$29.1K $10.01/SF
− OpEx
−$8.7K −$3.00/SF
NOI
$20.3K $7.00/SF
Area
Niagara County, NY
Vacancy
1.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,820
Cap Rate 7%
$290,586
Cap Rate 9%
$226,011
Alternative Uses
Best Use
Retail
$456.3K
$399.3K – $532.4K
NOI $31,943 @ 7.0% cap · market cap 159.72%
Second Best
Industrial
$290.6K
$254.3K – $339.0K
NOI $20,341 @ 7.0% cap · market cap 101.71%
Theoretical Best
Office A
$782.3K
$684.5K – $912.7K
NOI $54,760 @ 7.0% cap · market cap 273.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,942 visits/mo
0.2 miles
Demographics for 14012, NY
2,334
Population
1,375
Households
1.7
Avg Household Size
42
Median Age
19%
College-Educated
90%
High-School Grad
33.5 sq mi
ZIP Area
70
Density / Sq Mi
$72,333
Median Household Income
$42,282
Median Earnings
$742
Median Rent
$166,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Bruning's Truck & Auto Repair — 1874 Quaker Rd, Barker, NY 14012
- Barker Transmission & Auto Repair — 1668 Quaker Rd, Barker, NY 14012
Frequently Asked Questions
What type of property is this?
Auto shop - The existing building requires extensive renovation and is offered in as-is condition.
Where is this auto shop located?
The property is located at 1874 Quaker Road Barker, NY.
What are key features of this property?
This property features: Building dates to 1920; Previously operated as an automotive repair shop; Extensive renovation and rehabilitation are needed throughout
