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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$159.80
Days on Market100

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 · License #10401397829
Source: Moodyscre
Added: Jul 28 Changed: Nov 3 Last Checked: Nov 3 at 9:54AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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

Estimated NOI and Cap Rate

NOI / Yr
$28,326
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,520 $566.5K
Cap Rate 7%
$404,657 $404.7K
Cap Rate 9%
$314,733 $314.7K
Market Conditions
NOI Build-Up for 2,816 SF
Gross rent
$42.2K $15.00/SF
− Vacancy
−$1.8K −$0.63/SF
EGI
$40.5K $14.37/SF
− OpEx
−$12.1K −$4.31/SF
NOI
$28.3K $10.06/SF
Area
Oneida County, NY
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,520
Cap Rate 7%
$404,657
Cap Rate 9%
$314,733

Alternative Uses

Best Use
Retail
$404.7K
$354.1K – $472.1K (±1% cap)
NOI $28,326 @ 7.0% cap · market cap 6.29%
Second Best
Flex RnD
$303.7K
$265.8K – $354.4K (±1% cap)
NOI $21,262 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$742.1K
$649.3K – $865.8K (±1% cap)
NOI $51,945 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Walmart Auto Care Centers — 4765 Commercial Dr, New Hartford, NY 13413
  • Trevisani & Laporte Auto Center — 14 Clinton St, New York Mills, NY 13417
  • Cole Muffler & Brake — 4863 Commercial Dr, New York Mills, NY 13417
  • 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 $450,000.
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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Includes: Price & PSF · Cap rate · Location · Zoning

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