Showroom Property with Pole
2536 State Route 12b, Hamilton, NY 13346
For Sale
$1,600,000
Flexible showroom space with additional storage buildings and a fully paved site.
Property Size9,000 SF
Lot Size4.52 Acres
Price / SF$177.78
Days on Market53
Property Features for 2536 State Route 12b
General Information
Standard status
Size
Lot size
Taxes and HOA fees
Annual Taxes
Amenities
paved area
Building Details
Buildings
Listing Agency:
Chapin Real Estate
(315) 366-4136
Listed By:
Douglas Rusch
(315) 439-0757
Source:
Exprealty
Added: Sep 16
Changed: Oct 25
Last Checked: Nov 6 at 12:39PM
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 Chapin Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This showroom property includes 9,000 square feet of open interior space that can be reconfigured for a new layout or operating plan. Two additional pole barns provide substantial storage capacity, with dimensions of 20 by 40 feet and 40 by 60 feet. The property comprises two parcels totaling 4.52 acres.
A fully paved site surrounds the improvements and adds usable outdoor area for property operations, circulation, or storage. Located at 2536 State Route 12B in Hamilton, NY, the offering combines a large showroom building, accessory storage structures, and an expansive paved setting.
A fully paved site surrounds the improvements and adds usable outdoor area for property operations, circulation, or storage. Located at 2536 State Route 12B in Hamilton, NY, the offering combines a large showroom building, accessory storage structures, and an expansive paved setting.
Key Highlights
- 9,000‑square‑foot showroom with open interior layout
- Two parcels totaling 4.52 acres
- Two pole barns measuring 20 x 40 feet and 40 x 60 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,342
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,326,840
$2.3M
Cap Rate 7%
$1,662,029
$1.7M
Cap Rate 9%
$1,292,689
$1.3M
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$170.6K $18.96/SF
− Vacancy
−$4.4K −$0.49/SF
EGI
$166.2K $18.47/SF
− OpEx
−$49.9K −$5.54/SF
NOI
$116.3K $12.93/SF
Area
Madison County, NY
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,326,840
Cap Rate 7%
$1,662,029
Cap Rate 9%
$1,292,689
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.94M
NOI $116,342 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$3.02M
$2.64M – $3.53M
NOI $211,582 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
42k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Shops & Services 25%
Home Improvements & Furnishings 22%
Price Chopper
Groceries
22,253 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
9,097 visits/mo
0.4 miles
Dollar Tree
Shops & Services
7,372 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
1,565 visits/mo
0.4 miles
Friendly Ford Of Hamilton
Shops & Services
937 visits/mo
0.0 miles
Demographics for 13346, NY
6,427
Population
2,261
Households
2.8
Avg Household Size
27
Median Age
46%
College-Educated
95%
High-School Grad
35.4 sq mi
ZIP Area
182
Density / Sq Mi
$65,391
Median Household Income
$10,719
Median Earnings
$1,099
Median Rent
$222,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Showroom - Flexible showroom space with additional storage buildings and a fully paved site.
Where is this showroom located?
The property is located at 2536 State Route 12b Hamilton, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 9,000‑square‑foot showroom with open interior layout; Two parcels totaling 4.52 acres; Two pole barns measuring 20 x 40 feet and 40 x 60 feet
