Building Details

Year built 1940

Listing Agency: NextHome CNY Realty Show Phone

Listed By: The DKNY Home Team Show Phone

Added: Oct 9 Last Checked: Oct 10 at 6:06PM

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MLS# S1718160

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property at 2710 E Brutus Street combines approximately 3,178 square feet of office and service space with four service bays. The interior includes three private offices, a reception and lobby area, and a break room. Approximately 1,280 square feet of basement space provides additional building area.

The property occupies approximately 0.67 acres at a corner location in Weedsport. Commercial zoning is identified, and municipal water and sewer serve the site. On-site parking is available. Permitted uses and zoning requirements are subject to municipal approval.

Key Highlights

• Approximately 3,178 SF of office and service space
• Four service bays, three private offices, reception and lobby, and break room
• Approximately 1,280 SF of basement space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,655

Cap Rate

5.17%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$393,100 $393.1K

Cap Rate 7%

$280,786 $280.8K

Cap Rate 9%

$218,389 $218.4K

Market Conditions

NOI Build-Up for 3,178 SF

Gross rent

$30.1K $9.48/SF

− Vacancy

−$2.0K −$0.64/SF

EGI

$28.1K $8.84/SF

− OpEx

−$8.4K −$2.65/SF

NOI

$19.7K $6.18/SF

Area

Cayuga County, NY

Vacancy

6.80%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$393,100

Cap Rate 7%

$280,786

Cap Rate 9%

$218,389

Alternative Uses

Best Use

Flex RnD

$570.1K

$498.9K – $665.2K (±1% cap)

NOI $39,909 @ 7.0% cap · market cap 10.50%

Second Best

Industrial

$280.8K

$245.7K – $327.6K (±1% cap)

NOI $19,655 @ 7.0% cap · market cap 5.17%

Theoretical Best

Office A

$704.3K

$616.3K – $821.7K (±1% cap)

NOI $49,302 @ 7.0% cap · market cap 12.97%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Airkrete General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Plumbing Service Building Supply Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Drive-in doors

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 13166, NY

5,398

Population

2,629

Households

2.1

Avg Household Size

46

Median Age

24%

College-Educated

93%

High-School Grad

40.9 sq mi

ZIP Area

132

Density / Sq Mi

$76,484

Median Household Income

$48,711

Median Earnings

$1,117

Median Rent

$150,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Office, reception, break-room, and work areas are supported by municipal water and sewer.

Where is this flex space located?

The property is located at 2710 E Brutus Street Weedsport, NY.

What is the asking price?

The asking price for this property is $380,000.

What are key features of this property?

This property features: Approximately 3,178 SF of office and service space; Four service bays, three private offices, reception and lobby, and break room; Approximately 1,280 SF of basement space