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Automotive Facility with Large Storage Yard

47 Cooper Road Monticello, NY 12701

47 Cooper Road, Monticello, NY, 12701
$1,190,000
For Sale
Claim this Listing
$1,190,000

Fully operational automotive property features multiple service bays, office space, and a fenced yard with capacity up to 300 vehicles.

Property Size4,000 SF
Price / SF$297.50
AddedApr 29
Days on Market78
Last RefreshJul 15 at 1:55 am

Property Features for 47 Cooper Road

General Information

Standard status
Active
Size
4,000 SF
Property subtype
Business

Listing office Keller Williams Hudson Valley

Listing date Apr 29, 2026

Source Resortrealtycatskills

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 Keller Williams Hudson Valley


Investment Insights

Based on property information with market context.

This fully operational automotive commercial property is positioned for long-term investment, currently generating $78,000 annually under a 5-year triple net lease. The approximately 4,000-square-foot building is designed for service and storage, with 15-foot ceilings, 10-foot overhead doors, multiple service bays, office space, a lobby area, and storage. The site is fully cleared and level, with a large fenced yard supporting extensive vehicle or equipment storage.

The property is set on just over 2 acres in the Town of Thompson and includes special permitting allowing storage for up to 300 vehicles. Flexible zoning is listed as HC2/RR2, which may support a range of commercial uses, including contractor yard, fleet storage, landscaping, equipment rental, or redevelopment.

Access is described as convenient, with the property located just minutes from NY-17/I-86 and the Village of Monticello, while maintaining a privately positioned, tucked-away site.

Key Highlights

  • $78,000 annual income under a 5‑year triple net lease
  • Approximately 4,000 SF commercial building with 15‑foot ceilings, 10‑foot overhead doors, service bays, office, lobby, and storage
  • Just over 2 acres with a fully cleared, level, fenced yard for vehicle or equipment storage

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.0k $18.00
− Vacancy −$3.0k −$0.76
EGI $69.0k $17.24
− OpEx −$20.7k −$5.17
NOI $48.3k $12.07
4,000 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$689.8K
$603.5K – $804.7K (±1% cap)
NOI $48,283 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$478.7K
$418.8K – $558.5K (±1% cap)
NOI $33,507 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.10M
$960.0K – $1.28M (±1% cap)
NOI $76,800 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Garden Center Big Box & Wholesale Store Real Estate Agency Hotel & Motel Building Supply Auto Repair Shop Car Rental Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - Fully operational automotive property features multiple service bays, office space, and a fenced yard with capacity up to 300 vehicles.
Where is this nnn property located?
The property is located at 47 Cooper Road Monticello, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: $78,000 annual income under a 5‑year triple net lease; Approximately 4,000 SF commercial building with 15‑foot ceilings, 10‑foot overhead doors, service bays, office, lobby, and storage; Just over 2 acres with a fully cleared, level, fenced yard for vehicle or equipment storage
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