Prime Commercial Property on Route
5666 Horatio St Deerfield, NY 13502
For Sale
$699,000
4,000 SF commercial building with high visibility on Route 12.
Property Size4,000 SF
Price / SF$174.75
Days on Market94
Property Features for 5666 Horatio St
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Building Details
Year Built
1975
Listing Agency:
(315) 725-1023
Listed By:
Kristopher P. Joseph
(315) 725-1023
Source:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 29 at 7:46AM
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 Kristopher P. Joseph
Investment Insights
Based on property information with market context.
This 4,000-square-foot commercial building is located directly adjacent to and clearly visible from Route 12. The property is the current home to a long-standing family-owned automotive body shop. The building is fully heated and offers multiple bays of varying sizes with multiple oversized overhead doors. It also features dedicated office areas for administrative tasks, customer consultations, or employee workspace. The large lot offers ample front parking and easy access for patrons, with space behind the building suitable for vehicle or equipment storage and potential expansion of the current structure or addition of another building. The property is located on Route 12, providing maximum visibility and exposure to thousands of drivers daily. The location has a walk score of 58, indicating it is somewhat walkable, and a bike score of 51, indicating it is bikeable. The property is suitable for automotive services, industrial uses, or other commercial uses.
Key Highlights
- Prime location directly on highly traveled Route 12 ensures maximum visibility and exposure.
- 4,000 sq ft commercial building with multiple bays and oversized overhead doors suitable for various business needs.
- Proven track record of success as the current home of a long‑standing, reputable business.
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 | $60.0k | $15.00 |
| − Vacancy | −$2.5k | −$0.63 |
| EGI | $57.5k | $14.37 |
| − OpEx | −$17.2k | −$4.31 |
| NOI | $40.2k | $10.06 |
4,000 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$574.8K
$503.0K – $670.6K
NOI $40,236 @ 7.0% cap · market cap 5.76%
Second Best
Industrial
$353.4K
$309.2K – $412.3K
NOI $24,739 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.05M
$922.3K – $1.23M
NOI $73,786 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Dimmick Group Peterbilt - Utica — 5636 Horatio St, Utica, NY 13502
- Carbone Cadillac of Utica — 5700 horatio st, utica, ny 13502
- Carbone Buick GMC of Utica Service and Parts Center — 5700 horatio st, utica, ny 13502
- LeadCar GMC Utica Service — 5700 Horatio St #200, Utica, NY 13502
- Beacon Body Shop Plus LLC — 5666 Horatio St, Utica, NY 13502
Frequently Asked Questions
What type of property is this?
Auto shop - 4,000 SF commercial building with high visibility on Route 12.
Where is this auto shop located?
The property is located at 5666 Horatio St Deerfield, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location directly on highly traveled Route 12 ensures maximum visibility and exposure.; **4,000 sq ft commercial building with multiple bays and oversized overhead doors** suitable for various business needs.; Proven track record of success as the current home of a long‑standing, reputable business.
