Medical Office with Operating
For Sale
$900,000
6 Country Club Road, Oneonta, NY 13820
CommercialSale, Oneonta, NY
Property Size5,448 SF
Lot Size0.93 Acres
Price / SF$165.20
Days on Market230
Property Features for 6 Country Club Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
642
Zoning description
Commercial
Rooms
Basement
Parking
40
Parking features
Paved or Surfaced
Lot features
Irregular Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Directions
From Main Street Oneonta to Chestnut Street, left onto Oneida Street and right on Country Club Rd. Property is first on the right.
Subdivision
Oneonta-Town-364600
Standard status
Active
APN
299.06-2-60.00
Size
5,448 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Annual Amount
20319
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1968
Floors in Building
1
Building materials
Frame
Roof type
Asphalt
Listing Agency:
Benson Agency Real Estate LLC
(607) 432-4391
Listed By:
Mary Rab · License #30RA0875441
(607) 437-1694
Added: Feb 13
Changed: Sep 16
Last Checked: Oct 1 at 11:06PM
MLS# R1662064
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,448-square-foot medical office property occupies 0.93 acres and was built in 1968 with frame construction. The existing clinical layout includes a waiting area, reception desk, nurses’ station, 5 private offices, 10 exam rooms, 2 operating rooms, a records room, break room, and 6 half baths. The building also provides central air, natural-gas forced-air heat, public sewer, an asphalt roof, and a basement.
The facility is fully leased to a dermatology tenant under a lease with 2.5 years remaining and an option to renew. Paved parking is available at the front and rear, with an additional rear lot that can support added parking or future expansion. The property is in Oneonta’s West End, minutes from I-88 and near Cooperstown All-Star Village.
The facility is fully leased to a dermatology tenant under a lease with 2.5 years remaining and an option to renew. Paved parking is available at the front and rear, with an additional rear lot that can support added parking or future expansion. The property is in Oneonta’s West End, minutes from I-88 and near Cooperstown All-Star Village.
Key Highlights
- 5,448‑square‑foot medical office building on 0.93 acres
- Clinical layout includes 10 exam rooms and 2 operating rooms
- 5 private offices, reception, nurses’ station, records room, and break room
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
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated clinical facility offers a leased configuration with dedicated reception, treatment rooms, offices, and paved parking.
Where is this medical office space 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 office building on 0.93 acres; Clinical layout includes 10 exam rooms and 2 operating rooms; 5 private offices, reception, nurses’ station, records room, and break room
