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Flex Property with Office Suites

2362 State Highway 30 Mayfield, NY 12117

2362 State Highway 30, Mayfield, NY, 12117
$275,000
For Sale
$275,000

Two updated office suites with separate utilities and central air plus a large barn on a 1.2-acre site.

Property Size1,800 SF
Lot Size1.20 Acres
Price / SF$152.78
Days on Market24

Property Features for 2362 State Highway 30

General Information

Standard status
Active
Size
1,800 SF
Lot size
1.20 Acres
Listing agency Gateway Realty Solutions
Listed by Colleen M Ioele-DeCristofaro · License #40IO0785776
Source Exprealty
Added: Jun 29 Updated: Jul 22 at 1:14AM Checked: Jul 22 at 7:34AM

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 Gateway Realty Solutions


Investment Insights

Based on property information with market context.

This versatile flex property includes two updated office suites, each served by separate utilities. Both suites offer central air and private restrooms, supporting owner occupancy, rental income, or operating two separate businesses under one roof.

In addition to the office space, the property features a large barn with approximately 1,800 square feet plus loft storage for inventory, equipment, workshop space, or expansion. The site is located in the Town of Mayfield on busy NYS Highway 30, providing visibility and easy access.

The property sits on 1.2 acres and is positioned to accommodate a range of commercial uses based on the combination of office improvements and additional barn storage/work space.

Key Highlights

  • Two updated office suites with separate utilities, central air, and private restrooms
  • Office suites designed for owner occupancy, rental income, or operating two separate businesses
  • Large barn includes approximately 1,800 SF plus loft storage for inventory, equipment, or workshop use

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $44.3k $24.60
− Vacancy −$11.8k −$6.54
EGI $32.5k $18.06
− OpEx −$8.1k −$4.51
NOI $24.4k $13.54
1,800 SF · lease $24.60/SF/yr · vacancy 26.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$348.2K
$304.7K – $406.3K (±1% cap)
NOI $24,376 @ 7.0% cap · market cap 8.86%
Second Best
Warehouse
$193.1K
$169.0K – $225.3K (±1% cap)
NOI $13,518 @ 7.0% cap · market cap 4.92%
Theoretical Best
Multifamily LT 5
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $87,106 @ 7.0% cap · market cap 31.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store Law Firm Gym & Fitness Center Auto Repair Shop Food Market

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

FAQs

What type of property is this?
Flex space - Two updated office suites with separate utilities and central air plus a large barn on a 1.2-acre site.
Where is this flex space located?
The property is located at 2362 State Highway 30 Mayfield, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two updated office suites with separate utilities, central air, and private restrooms; Office suites designed for owner occupancy, rental income, or operating two separate businesses; Large barn includes approximately 1,800 SF plus loft storage for inventory, equipment, or workshop use
Contact an agent
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