Flex Space with Office and
3015 Ditmar Road, Weedsport, NY 13166
For Sale
$330,000
The enclosed building combines office, garage, and work areas within a flexible interior layout.
Property Size4,536 SF
Lot Size3.70 Acres
Price / SF$72.75
Days on Market43
Property Features for 3015 Ditmar Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
NextHome CNY Realty
(315) 567-4663
Listed By:
David Dutton · License #10401354233
(315) 383-8059
Source:
Cowanesquelakerealty
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 8:50AM
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 NextHome CNY Realty
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Investment Insights
Based on property information with market context.
This 4,536-square-foot enclosed flex building dates to 1980 and includes office, garage, and work areas. The interior configuration brings these functions together in one building, with additional land surrounding the structure.
The property occupies approximately 3.7 acres at 3015 Ditmar Road in Weedsport, New York. Zoning is Residential 1 Unit.
The property occupies approximately 3.7 acres at 3015 Ditmar Road in Weedsport, New York. Zoning is Residential 1 Unit.
Key Highlights
- Approximately 3.7 acres in Weedsport
- 4,536‑square‑foot enclosed building, built in 1980
- Interior includes office, garage, and work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,054
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,080
$561.1K
Cap Rate 7%
$400,771
$400.8K
Cap Rate 9%
$311,711
$311.7K
Market Conditions
NOI Build-Up for 4,536 SF
Gross rent
$43.0K $9.48/SF
− Vacancy
−$2.9K −$0.64/SF
EGI
$40.1K $8.84/SF
− OpEx
−$12.0K −$2.65/SF
NOI
$28.1K $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%
$561,080
Cap Rate 7%
$400,771
Cap Rate 9%
$311,711
Alternative Uses
Best Use
Flex RnD
$813.8K
$712.0K – $949.4K
NOI $56,963 @ 7.0% cap · market cap 17.26%
Second Best
Industrial
$400.8K
$350.7K – $467.6K
NOI $28,054 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$1.01M
$879.6K – $1.17M
NOI $70,370 @ 7.0% cap · market cap 21.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - The enclosed building combines office, garage, and work areas within a flexible interior layout.
Where is this flex space located?
The property is located at 3015 Ditmar Road Weedsport, NY.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Approximately 3.7 acres in Weedsport; 4,536‑square‑foot enclosed building, built in 1980; Interior includes office, garage, and work areas
