Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    201 Cedar St Oneida, NY 13421

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Recently renovated commercial property suitable for varied services.

    Property size:
    5,258 SF
    Lot size:
    0.43 Acres

    Property Features for 201 Cedar St

    General Information

    Standard status
    Active
    Zoning
    Commercial
    Size
    5,258 SF
    Lot size
    0.43 Acres

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    Matthew Pryputniewicz
    Source: Crexi

    Listing Agency: Berkshire Hathaway HomeServices CNY Realty Listing Agent: Matthew Pryputniewicz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Commercial Property For Sale

    This commercial property, in use since 1988, has served as a rental space for public services, including mental health and educational classes. It is currently leased to Family Counseling Service of Cortland County, Inc., which manages the Mental Health Department for Madison County. The property has been recently renovated and is in excellent condition. Located minutes from the New York State Thruway, New York State Route 5, Route 365, Route 26, Route 49, and Route 233, the property is suitable for a number of varied services. The Parks and Recreation Center is located next door. The Oneida Indian Nation also operates nearby. Recent capital improvements have been made to the interior, exterior, and grounds of the building. Situated on a corner lot, the property offers high visibility. The property size is 5258 square feet.
    Location Intelligence

    Current Use by Public Records

    Chrystal Fox McCormick, ... Marriage Or Relationship Counselor Thomas Kleinklaus Counselor Keith Harden Physician Anita Fellows Counselor Carrie Messier Foster Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneida
    County
    Madison
    State
    New York
    Longitude
    -75.6499633
    Latitude
    43.0939024

    Nearby Similar for Sale

    • $495,000
      8,000 SF

      8,000 SF Multi-Tenant Office

      Well-maintained office building with tenant income and owner-occupier potential.
      730 Lenox Ave, Oneida, NY 13421
      View Details
    • $149,000
      2,210 SF

      Two-Story Duplex in Central Location

      Two-unit duplex with ample parking and large deck.
      348 Lenox Ave, Oneida, NY 13421
      View Details
    • $199,900
      9,184 SF

      Turn-Key Storefront Building For Sale

      Three-story building with full basement, ready for immediate operation.
      114 Madison St, Oneida, NY 13421
      View Details
    • $1,600,000
      230 SF

      Historic Golf Club on 230 Acres

      Historic golf club with modern clubhouse on 230 acres.
      1017 Golf Course Ln, Oneida, NY 13421
      View Details
    • $149,000

      Two-Story Duplex with Parking

      Two-story duplex with two apartments, parking, and deck.
      348 Lenox Ave, Oneida, NY 13421
      View Details
    • $285,000
      Pending

      Historic Multi-Unit Building in Oneida

      Six 2-bedroom apartments with strong rental income potential.
      416 Main St, Oneida, NY 13421
      View Details
    • $550,000
      8,000 SF

      Oneida Office Building - Fully Leased

      Prime Office Investment, 8,000 sq ft
      730 Lenox Ave, Oneida, NY 13421
      View Details
    • $285,000
      Pending

      Historic Multi-Unit Building in Oneida

      Six spacious apartments with strong rental income in a prime location.
      416 Main St, Oneida, NY 13421
      View Details
    • $310,000
      4,800 SF

      Oneida Industrial Building - Prime Location

      Spacious Shop, High Traffic Area, 0.81 Acres
      4867 Fox Rd, Oneida, NY 13421
      View Details
    • $639,900
      10,560 SF

      Oneida Warehouse: Prime Commercial Space

      Spacious warehouse, ample parking, ideal location.
      1116 Freedom Dr, Oneida, NY 13421
      View Details
    • $89,900
      Pending

      Two-Family Home with Renovation Potential

      Spacious two-family home, ideal for investors or owner-occupants.
      451 Stone St, Oneida, NY 13421
      View Details
    • $229,900
      9,184 SF

      Oneida, NY Commercial Building

      Turnkey Business Opportunity: 9,184 sq ft
      114 Madison St, Oneida, NY 13421
      View Details

    FAQs

    What type of property is this?
    Office units - Recently renovated commercial property suitable for varied services.
    Where is this office units located?
    The property is located at 201 Cedar St Oneida, NY.
    What are key features of this property?
    This property features: - Recently renovated and in excellent condition; - Currently lease-ready for a number of varied services; - Prime location minutes from NYS Thruway and multiple major routes (5, 365, 26, 49, 233)
    Request Owner's contact information
    201 Cedar St Oneida, NY 13421
    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.
    201 Cedar St
    Oneida, NY 13421
    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
    201 Cedar St Oneida, NY 13421
    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

    We can help!
    Listing Contact
    Matthew Pryputniewicz
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!