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Automotive Service Building
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4942 Commercial Dr, New York Mills, NY 13417

Flexible commercial building with office, shop, overhead doors, high ceilings, and on-site parking.

Property Size2,800 SF
Price / SF$186.40
Days on Market9

Property Features for 4942 Commercial Dr

General Information

Standard status Active
Size 2,800 SF
Property subtype INDUSTRIAL

Additional Details

Drive-In Doors 2

Amenities

reception/office area
open service/shop space
high ceilings
overhead gas heat
wash basins
utility room
concrete floors
overhead garage doors

Building Details

Buildings 1
Building Size 2,800 SF
Abandoned No
Listing Agency: Carrow Real Estate Services
Listed By: Amber Hensley
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Aug 5 at 5:34AM

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 Carrow Real Estate Services

Investment Insights

Based on property information with market context.

This 2,816-square-foot commercial building is currently used for an automotive glass service business. The layout includes a large reception and office area, wide-open service or shop space, high ceilings, overhead gas heat, wash basins, a utility room, and concrete floors. Two large 12 x 11 overhead garage doors support service and shop operations.

Set back from Commercial Dr, the property includes substantial on-site parking. Its combination of office, open shop space, garage access, and service-oriented features supports automotive and other commercial applications.

Key Highlights

  • 2,816‑square‑foot commercial building
  • Large reception and office area with wide‑open service or shop space
  • Two 12 x 11 overhead garage doors

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 $42.2k $15.00
− Vacancy −$1.8k −$0.63
EGI $40.5k $14.37
− OpEx −$12.1k −$4.31
NOI $28.3k $10.06
2,816 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$404.7K
$354.1K – $472.1K (±1% cap)
NOI $28,326 @ 7.0% cap · market cap 5.40%
Second Best
Flex RnD
$303.7K
$265.8K – $354.4K (±1% cap)
NOI $21,262 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$742.1K
$649.3K – $865.8K (±1% cap)
NOI $51,945 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

458
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13417, NY

3,280
Population
1,869
Households
1.8
Avg Household Size
44
Median Age
36%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
2,343
Density / Sq Mi
$56,055
Median Household Income
$43,571
Median Earnings
$778
Median Rent
$160,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cole Muffler & Brake 4863 Commercial Dr, New York Mills, NY 13417
  • Trevisani & Laporte Auto Center 14 Clinton St, New York Mills, NY 13417
  • Walmart Auto Care Centers 4765 Commercial Dr, New Hartford, NY 13413
  • Mavis Discount Tire 4863 Commercial Dr, New York Mills, NY 13417
  • Sprague's Collision Center, Inc. 58 Henderson St, New York Mills, NY 13417

Frequently Asked Questions

What type of property is this?
Auto shop - Flexible commercial building with office, shop, overhead doors, high ceilings, and on-site parking.
Where is this auto shop located?
The property is located at 4942 Commercial Dr New York Mills, NY.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 2,816‑square‑foot commercial building; Large reception and office area with wide‑open service or shop space; Two 12 x 11 overhead garage doors
(518) 788-7206 Call to check price and availability
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