Flex Property with Office
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
(518) 281-4467
Listed by
Colleen M Ioele-DeCristofaro · License #40IO0785776
(518) 281-4467
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.
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
NOI $24,376 @ 7.0% cap · market cap 8.86%
Second Best
Warehouse
$193.1K
$169.0K – $225.3K
NOI $13,518 @ 7.0% cap · market cap 4.92%
Theoretical Best
Multifamily LT 5
$1.24M
$1.09M – $1.45M
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
Similar For Sale Nearby
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