Auto Shop with Fenced
For Sale
$1,050,000
47 Cooper Road, Monticello, NY 12701
A five-year NNN lease accompanies a service-oriented facility with office, lobby, and storage areas.
Property Size4,000 SF
Price / SF$262.50
Days on Market180
Property Features for 47 Cooper Road
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
300
Property subtype
Commercial
Zoning
HC2 RR2
Net Operating Income
$78,000
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
In-Place Lease Type
NNN
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$6,998
Amenities
15-foot ceilings
10-foot overhead doors
office space
lobby area
storage
Building Details
Building Size
4,000 SF
Buildings
1
Units
1
Listing Agency:
KW Hudson Valley United
(845) 610-6065
Listed By:
Alyse Toffel · License #10401312176
(518) 491-2585
Source:
Croninreale
Added: Apr 29
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 KW Hudson Valley United
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Investment Insights
Based on property information with market context.
This automotive property includes an approximately 4,000-square-foot building on just over 2 acres. The facility has multiple service bays, 15-foot ceilings, 10-foot overhead doors, office and lobby areas, and storage. A fenced yard provides outdoor vehicle or equipment storage, with special permitting for up to 300 vehicles. The property is subject to a five-year NNN lease.
Located in the Town of Thompson, the site is described as minutes from NY-17/I-86 and the Village of Monticello. Zoning is HC2 RR2.
Located in the Town of Thompson, the site is described as minutes from NY-17/I-86 and the Village of Monticello. Zoning is HC2 RR2.
Key Highlights
- Automotive facility with multiple service bays
- Approximately 4,000 square feet on just over 2 acres
- 15‑foot ceilings and 10‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,283
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,660
$965.7K
Cap Rate 7%
$689,757
$689.8K
Cap Rate 9%
$536,478
$536.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$3.0K −$0.76/SF
EGI
$69.0K $17.24/SF
− OpEx
−$20.7K −$5.17/SF
NOI
$48.3K $12.07/SF
Area
Sullivan County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,660
Cap Rate 7%
$689,757
Cap Rate 9%
$536,478
Alternative Uses
Best Use
Retail
$689.8K
$603.5K – $804.7K
NOI $48,283 @ 7.0% cap · market cap 4.60%
Second Best
Industrial
$478.7K
$418.8K – $558.5K
NOI $33,507 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.10M
$960.0K – $1.28M
NOI $76,800 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12701, NY
12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Interstate Auto — 47 Coopers Corners Rd, Monticello, NY 12701
- Payne Auto Towing & Recovery — 246 Gale Rd, Mongaup Valley, NY 12762
Frequently Asked Questions
What type of property is this?
Auto shop - A five-year NNN lease accompanies a service-oriented facility with office, lobby, and storage areas.
Where is this auto shop located?
The property is located at 47 Cooper Road Monticello, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Automotive facility with multiple service bays; Approximately 4,000 square feet on just over 2 acres; 15‑foot ceilings and 10‑foot overhead doors
