Medical Center with Exam
For Sale
$900,000
6 Country Club Road, Oneonta, NY 13820
Fully leased healthcare facility with clinical, administrative, and operating areas.
Property Size5,448 SF
Price / SF$165.20
Days on Market41
Property Features for 6 Country Club Road
General Information
Standard status
Active
Size
5,448 SF
Property subtype
CommercialSale
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Benson Agency Real Estate LLC
(607) 437-1694
Listed By:
Mary Rab · License #30RA0875441
(607) 437-1694
Source:
Nicholcityrealty
Added: Jul 22
Changed: Aug 30
Last Checked: Aug 30 at 11:02PM
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 Benson Agency Real Estate LLC
Investment Insights
Based on property information with market context.
This 5,448-square-foot medical center is configured for dermatology operations and is fully leased to an established tenant. The interior includes a waiting area, reception, nurses’ station, 5 private offices, 10 exam rooms, 2 operating rooms, a records room, a break room, and 6 half baths.
The property is located at 6 Country Club Road in Oneonta, NY, with access to paved parking at the front and rear. An additional rear lot provides space for future expansion or added parking. The current lease has 2.5 years remaining and includes an option to renew. The facility is situated minutes from I-88 and near Cooperstown All-Star Village.
The property is located at 6 Country Club Road in Oneonta, NY, with access to paved parking at the front and rear. An additional rear lot provides space for future expansion or added parking. The current lease has 2.5 years remaining and includes an option to renew. The facility is situated minutes from I-88 and near Cooperstown All-Star Village.
Key Highlights
- 5,448‑square‑foot medical center at 6 Country Club Road, Oneonta, NY 13820
- Fully leased dermatology facility with 2.5 years remaining on the current lease
- Interior includes 10 exam rooms, 2 operating rooms, and 5 private offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,991
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,579,820
$1.6M
Cap Rate 7%
$1,128,443
$1.1M
Cap Rate 9%
$877,678
$877.7K
Market Conditions
NOI Build-Up for 5,448 SF
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.
Gross rent
$141.9K $26.04/SF
− Vacancy
−$10.2K −$1.87/SF
EGI
$131.7K $24.17/SF
− OpEx
−$52.7K −$9.67/SF
NOI
$79.0K $14.50/SF
Area
Otsego County, NY
Vacancy
7.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,579,820
Cap Rate 7%
$1,128,443
Cap Rate 9%
$877,678
Alternative Uses
Best Use
Healthcare Medical
$1.13M
$987.4K – $1.32M
NOI $78,991 @ 7.0% cap · market cap 8.78%
Second Best
Office B
$983.4K
$860.5K – $1.15M
NOI $68,841 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,125 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Explore this area
Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical center - Fully leased healthcare facility with clinical, administrative, and operating areas.
Where is this medical center located?
The property is located at 6 Country Club Road Oneonta, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5,448‑square‑foot medical center at 6 Country Club Road, Oneonta, NY 13820; Fully leased dermatology facility with 2.5 years remaining on the current lease; Interior includes 10 exam rooms, 2 operating rooms, and 5 private offices
