Flex Garage with
48 County Route 26 West Monroe, NY 13167
48 County Route 26, West Monroe, NY, 13167
$60,000
For Sale
$60,000
Garage/workshop with an on-site office, supported by active well and septic services.
Property Size784 SF
Lot Size0.70 Acres
Price / SF$76.53
Days on Market57
Property Features for 48 County Route 26
General Information
- Standard status
- Active
- Size
- 784 SF
- Lot size
- 0.70 Acres
- Property subtype
- Land
Listing agency
Bell Home Team
(315) 882-4306
Listed by
Jennifer DeCook
(315) 882-4306
Source
Exprealty
Added: May 27 Updated: Jul 21 at 4:39PM Checked: Jul 21 at 4:39PM
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 Bell Home Team
Investment Insights
Based on property information with market context.
This property includes a garage/workshop with an office or “man cave” area. The prior older single wide mobile home has been removed. A well and septic are on site and currently in use, supporting the existing site setup.
The site is offered for sale on approximately 0.70 acres. Because permissible uses may vary, prospective buyers are advised to check with the town regarding what is allowed for the property.
With a combined work and office configuration and existing utilities, the property is suited for buyers seeking a small flex-style layout where on-site services are already in place.
The site is offered for sale on approximately 0.70 acres. Because permissible uses may vary, prospective buyers are advised to check with the town regarding what is allowed for the property.
With a combined work and office configuration and existing utilities, the property is suited for buyers seeking a small flex-style layout where on-site services are already in place.
Key Highlights
- Garage/workshop with an on‑site office or “man cave” on 0.70 acres
- Well and septic are on site and currently in use
- Older single wide mobile home previously on the property has been removed
Local Financial Insights For Industrial
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 | $7.4k | $9.48 |
| − Vacancy | −$505 | −$0.64 |
| EGI | $6.9k | $8.84 |
| − OpEx | −$2.1k | −$2.65 |
| NOI | $4.8k | $6.18 |
784 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$144.7K
$126.6K – $168.8K
NOI $10,127 @ 7.0% cap · market cap 16.88%
Second Best
Office B
$117.9K
$103.2K – $137.6K
NOI $8,256 @ 7.0% cap · market cap 13.76%
Theoretical Best
Office A
$156.4K
$136.8K – $182.4K
NOI $10,946 @ 7.0% cap · market cap 18.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Garage/workshop with an on-site office, supported by active well and septic services.
Where is this flex space located?
The property is located at 48 County Route 26 West Monroe, NY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Garage/workshop with an on‑site office or “man cave” on 0.70 acres; Well and septic are on site and currently in use; Older single wide mobile home previously on the property has been removed
