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Building Details

Year built 1940

Listing Agency: NextHome CNY Realty Show Phone

Listed By: Christopher Dardano Show Phone

Added: Oct 9 Changed: Oct 14 Last Checked: Oct 15 at 1:06PM

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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

Is this asking price fair?

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. How Realmo checks its estimates

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

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