Auto/Truck Garage on 10
For Sale
$750,000
4849 W Lake Road, Dunkirk, NY 14048
Well-equipped auto/truck service facility for sale or lease.
Property Size7,000 SF
Lot Size10.00 Acres
Price / SF$107.14
Days on Market126
Property Features for 4849 W Lake Road
General Information
Standard status
Active
Size
7,000 SF
Total Parking Spaces
50
Lot size
10.00 Acres
Property subtype
Commercial
Zoning
447 Truck, Commercial
Taxes and HOA fees
Annual Taxes
$4,479
Building Details
Building Size
7,000 SF
Year Built
2000
Buildings
1
Stories
1
Listing Agency:
Symphony Real Estate LLC
(214) 874-1568
Listed By:
Colby Garza · License #10401387676
(214) 874-1568
Source:
Northstarwny
Added: Apr 21
Changed: Aug 23
Last Checked: Aug 23 at 10:26AM
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 Symphony Real Estate LLC
Investment Insights
Based on property information with market context.
Located between Dunkirk and Fredonia, this auto/truck service facility is available for sale or lease. The property, situated on approximately 10 acres, features 418± feet of frontage and 1,408± feet of depth, providing access, circulation, and outdoor storage capacity. It includes two curb cuts, a stone yard, and 360-degree drive-around capability, suitable for heavy equipment, fleet services, or logistics-based operations. The building is divided into office and warehouse components. The office area totals approximately 700± square feet, including private offices, two restrooms, a breakroom, and direct access to the warehouse from the front and rear. The warehouse spans approximately 7,000 square feet (70’ x 100’) and is constructed with a steel beam structure. The space features five 14’ x 14’ overhead doors, including two drive-through bays, allowing for vehicle flow and operational efficiency. The property is located in the Dunkirk–Fredonia Corridor in Western New York.
Key Highlights
- 10± Acre Property Ideal for Auto/Truck Service, Fleet Services, or Logistics.
- Boasts a 7,000± Sq Ft Warehouse with Steel Beam Construction and Heavy‑Duty Design.
- Features Five (5) 14’ x 14’ Overhead Doors, Including Two Drive‑Through Bays.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,570
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,051,400
$1.1M
Cap Rate 7%
$751,000
$751.0K
Cap Rate 9%
$584,111
$584.1K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$66.4K $9.48/SF
− Vacancy
−$4.5K −$0.64/SF
EGI
$61.8K $8.84/SF
− OpEx
−$9.3K −$1.33/SF
NOI
$52.6K $7.51/SF
Area
Chautauqua County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,051,400
Cap Rate 7%
$751,000
Cap Rate 9%
$584,111
Alternative Uses
Best Use
Retail
$1.23M
$1.07M – $1.43M
NOI $85,907 @ 7.0% cap · market cap 11.45%
Second Best
Warehouse
$751.0K
$657.1K – $876.2K
NOI $52,570 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$2.10M
$1.83M – $2.44M
NOI $146,664 @ 7.0% cap · market cap 19.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14048, NY
15,062
Population
7,506
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
655
Density / Sq Mi
$52,971
Median Household Income
$34,200
Median Earnings
$905
Median Rent
$98,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rexford Services Inc — 4849 W Lake Rd, Dunkirk, NY 14048
- AGT Fleet Service/Trailer Washout — 4869 W Lake Rd, Dunkirk, NY 14048
Frequently Asked Questions
What type of property is this?
Auto shop - Well-equipped auto/truck service facility for sale or lease.
Where is this auto shop located?
The property is located at 4849 W Lake Road Dunkirk, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 10± Acre Property Ideal for Auto/Truck Service, Fleet Services, or Logistics.; Boasts a **7,000± Sq Ft Warehouse** with Steel Beam Construction and Heavy‑Duty Design.; Features **Five (5) 14’ x 14’ Overhead Doors**, Including Two Drive‑Through Bays.
