Multi-Bay Auto Service
2 Dill Street, Auburn, NY 13021
For Sale
$399,000
Open work areas, concrete flooring and on-site parking support commercial operations.
Property Size4,324 SF
Price / SF$92.28
Days on Market133
Property Features for 2 Dill Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Road Access
Automotive Uses
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
open workspace
concrete floors
on-site parking
flexible layout
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Post Realty
Listed By:
Todd Post · License #31PO0919928
(315) 258-3883
Source:
Cowanesquelakerealty
Added: Jun 30
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
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 Post 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 4,324-square-foot auto service property was built in 1990 and includes a broad open work area, multiple service bays and concrete floors. On-site parking is also provided. The layout and existing features support automotive service, equipment repair, fleet maintenance, contractor operations or warehouse distribution, subject to C1 commercial zoning.
The property occupies nearly one-half acre at the corner of North Street and Dill Street in Auburn, New York. Its commercial designation and existing service-bay configuration accommodate a range of business operations.
The property occupies nearly one-half acre at the corner of North Street and Dill Street in Auburn, New York. Its commercial designation and existing service-bay configuration accommodate a range of business operations.
Key Highlights
- 4,324‑square‑foot commercial building
- Multiple service bays and expansive open workspace
- On‑site parking and concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,473
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,460
$649.5K
Cap Rate 7%
$463,900
$463.9K
Cap Rate 9%
$360,811
$360.8K
Market Conditions
NOI Build-Up for 4,324 SF
Gross rent
$41.0K $9.48/SF
− Vacancy
−$2.8K −$0.64/SF
EGI
$38.2K $8.84/SF
− OpEx
−$5.7K −$1.33/SF
NOI
$32.5K $7.51/SF
Area
Cayuga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,460
Cap Rate 7%
$463,900
Cap Rate 9%
$360,811
Alternative Uses
Best Use
Retail
$621.4K
$543.7K – $724.9K
NOI $43,495 @ 7.0% cap · market cap 10.90%
Second Best
Warehouse
$463.9K
$405.9K – $541.2K
NOI $32,473 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$958.3K
$838.5K – $1.12M
NOI $67,081 @ 7.0% cap · market cap 16.81%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,422
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Mc Laughlin Glass — 107 Osborne St, Auburn, NY 13021
- Mickey’s Collision — 122 Clark St, Auburn, NY 13021
- Caliber Collision — 122 Clark St, Auburn, NY 13021
- Crowley Glass Co — 120 Clark St, Auburn, NY 13021
- Torque Automotive — 56 Clark St, Auburn, NY 13021
Frequently Asked Questions
What type of property is this?
Auto shop - Open work areas, concrete flooring and on-site parking support commercial operations.
Where is this auto shop located?
The property is located at 2 Dill Street Auburn, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4,324‑square‑foot commercial building; Multiple service bays and expansive open workspace; On‑site parking and concrete floors
