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Truck Parking Lot
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589 State Route 17B, Monticello, NY 12701

Outdoor parking and storage accommodates trucks, trailers, recreational vehicles, boats, and containers.

Property Size1,372 SF
Price / SF$0.13
Days on Market17

Property Features for 589 State Route 17B

General Information

Standard status Active
Size 1,372 SF
Property subtype Industrial

Additional Details

Parking Facility Type truck/equipment yard

Building Details

Year Built 1965
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Oct 14 Changed: Oct 30 Last Checked: Oct 30 at 2:02AM

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 Neil Charles Real Estate

Rey
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Investment Insights

Based on property information with market context.

This outdoor parking property provides space for commercial vehicles and other equipment, including trucks, trailers, boats, campers, RVs, and shipping containers. Truck and fleet parking are available, with leasing options for monthly or longer-term use.

The site is at 589 State Route 17B in Thompson, New York, approximately 2.25 miles from Exit 104 serving eastbound and westbound Route 17.

Key Highlights

  • Truck and fleet parking spaces available
  • Outdoor storage for trailers, boats, campers, RVs, and shipping containers
  • Monthly and long‑term leasing options

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,493
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,860 $229.9K
Cap Rate 7%
$164,186 $164.2K
Cap Rate 9%
$127,700 $127.7K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$17.6K $12.84/SF
− Vacancy
−$1.2K −$0.87/SF
EGI
$16.4K $11.97/SF
− OpEx
−$4.9K −$3.59/SF
NOI
$11.5K $8.38/SF
Area
Sullivan County, NY
Vacancy
6.80%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,860
Cap Rate 7%
$164,186
Cap Rate 9%
$127,700

Alternative Uses

Best Use
Warehouse
$199.4K
$174.5K – $232.6K (±1% cap)
NOI $13,956 @ 7.0% cap · market cap 7,974.86%
Second Best
Industrial
$164.2K
$143.7K – $191.6K (±1% cap)
NOI $11,493 @ 7.0% cap · market cap 6,567.43%
Theoretical Best
Office A
$376.3K
$329.3K – $439.0K (±1% cap)
NOI $26,342 @ 7.0% cap · market cap 15,052.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Parking lots & garages

Suggested Use

Top Pick Auto Repair Shop Butcher Wine and Liquor Store Supermarket Bed & Breakfast Farmer's Market

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

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12701, NY

12,360
Population
7,188
Households
1.7
Avg Household Size
38
Median Age
23%
College-Educated
78%
High-School Grad
61.0 sq mi
ZIP Area
203
Density / Sq Mi
$56,601
Median Household Income
$35,918
Median Earnings
$989
Median Rent
$178,300
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

  • U-Haul Neighborhood Dealer — 47 Coopers Corners Rd, Monticello, NY 12701

Frequently Asked Questions

What type of property is this?
Parking lot & garage - Outdoor parking and storage accommodates trucks, trailers, recreational vehicles, boats, and containers.
Where is this parking lot & garage located?
The property is located at 589 State Route 17B Monticello, NY.
What are key features of this property?
This property features: Truck and fleet parking spaces available; Outdoor storage for trailers, boats, campers, RVs, and shipping containers; Monthly and long‑term leasing options
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