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    Unique Colton Commercial Opportunity Title is generated by Realmo AI

    4852 State Highway 56, Colton, NY 13625

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    Pending
    $175,000

    COMMERCIAL - Colton, NY

    Property size:
    2,376 SF
    Lot size:
    3.20 Acres
    Added:
    Apr 13, 2025
    Days on Market:
    403
    Last Refresh:
    May 20 at 5:06 pm

    Property Features for 4852 State Highway 56

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CH Colton Hamlet
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking features
    Garage
    Patio and Porch features
    Porch
    Interior features
    9 Ft.+ Ceilings, Ceiling Fan(s), Double Door Entry, Handicapped Bathrooms, Open Floor Plan
    Exterior features
    Enclosed Porch, Handicapped Entrance, Outdoor Lights, Storage/Out-building(s)
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Pending
    APN
    105.030-2-18
    Size
    2,376 SF
    Lot size
    3.20 Acres

    Utilities

    Heating system
    Forced Air, Oil

    Building Details

    Year built
    1970
    Floors in Building
    1
    Building materials
    Masonite
    Roof type
    Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Debbie Gilson
    Debbie Gilson

    Listing agent Debbie Gilson License #31GI10937107

    Listing office County Seat Realty 1 Gouverneur St., Canton, NY

    Listing date Apr 13, 2025

    MLS# 51114 Listing URL

    Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located in the Adirondack foothills in the Hamlet of Colton, offering small‑town living with access to outdoor recreation.
    • Zoned Colton Hamlet, allowing for a variety of residential and commercial uses.
    • Large interior space: 2,376 sq ft on the main floor and an equally sized finished lower level.
    • Versatile property suitable for a residence, offices, artist's studio, or event space.
    • Features include handicapped accessible bathrooms and entrance, open floor plan, and enclosed porch.
    • Includes a kitchenette/break room, reception/meeting room, classrooms, and nursery.

    Overview

    Located in the Hamlet of Colton, in the foothills of the Adirondacks, this property offers potential for various uses. The main floor spans 2,376 square feet and includes a front foyer measuring 20 x 12, a half bath measuring 10 x 12, a sanctuary measuring 50 x 35, and two offices measuring 12 x 10 in the rear. The finished lower level mirrors the first floor's square footage and features a kitchenette/break room measuring 8 x 10, a reception/meeting room measuring 18 x 22, two classrooms measuring 10 x 11 and 11 x 20, a nursery measuring 10 x 11, a storage room measuring 11 x 10, and a mechanical room. The property is zoned Colton Hamlet, permitting a variety of residential and commercial uses. A one-car garage to the left of the property is owned by the church. The property is situated on a 3.2-acre lot. Potential uses include a residence, offices, artist’s studio, or event space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Bar & Pub Garden Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Colton
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.94185
    Latitude
    44.555116

    FAQs

    What type of property is this?
    Church & religious facility - Versatile property in Colton, NY with endless potential.
    Where is this church & religious facility located?
    The property is located at 4852 State Highway 56 Colton, NY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Located in the Adirondack foothills in the Hamlet of Colton, offering small‑town living with access to outdoor recreation.; Zoned Colton Hamlet, allowing for a variety of residential and commercial uses.; **Large interior space: 2,376 sq ft on the main floor and an equally sized finished lower level.**
    (315) 212-0169
    We can help!
    Listing Contact
    Debbie Gilson
    Debbie Gilson
    Real Estate License ID: 31GI10937107
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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