Search
Auto Shop with Display Lot
For Sale
$425,000

6260 Lincoln Road, Ontario, NY 14519

Permitted auto sales use includes a vehicle display area, offices, and repair operations.

Property Size1,872 SF
Price / SF$227.03
Days on Market43

Property Features for 6260 Lincoln Road

General Information

Standard status Active
Size 1,872 SF
Total Parking Spaces 54
Property subtype CommercialLease

Additional Details

Road Access Yes
Listing Agency: RE/MAX Plus
Listed By: John Antetomaso · License #49AN1151017
Source: Nicholcityrealty
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 6:44PM

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 RE/MAX Plus

Investment Insights

Based on property information with market context.

This 1,872-square-foot commercial property combines office and shop space configured for automotive sales and repairs. The layout includes two offices, a front vehicle display area, and room for service-related operations. An existing permit allows display of up to 54 cars, and signage may be installed subject to town requirements.

The property is positioned along Route 104, 1 mile east of Webster, with Tractor Supply located across the street. Its established automotive use and combination of customer-facing office space, display capacity, and shop functionality support continued auto sales and repair operations.

Key Highlights

  • 1,872‑square‑foot office and shop building
  • Existing permit allows display of up to 54 cars
  • Front vehicle display area with two 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
$18,830
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
4.43%
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%
$376,600 $376.6K
Cap Rate 7%
$269,000 $269.0K
Cap Rate 9%
$209,222 $209.2K
Market Conditions
NOI Build-Up for 1,872 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
$28.1K $15.00/SF
− Vacancy
−$1.2K −$0.63/SF
EGI
$26.9K $14.37/SF
− OpEx
−$8.1K −$4.31/SF
NOI
$18.8K $10.06/SF
Area
Wayne 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 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%
$376,600
Cap Rate 7%
$269,000
Cap Rate 9%
$209,222

Alternative Uses

Best Use
Retail
$269.0K
$235.4K – $313.8K (±1% cap)
NOI $18,830 @ 7.0% cap · market cap 4.43%
Second Best
Industrial
$165.4K
$144.7K – $193.0K (±1% cap)
NOI $11,578 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$504.3K
$441.3K – $588.3K (±1% cap)
NOI $35,300 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

AC Auto Plex ... Car Dealership AC Auto Plex ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Plumbing Service Nail Salon

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Tractor Supply Co. Home Improvements & Furnishings
14,312 visits/mo 0.1 miles

Demographics for 14519, NY

12,354
Population
5,281
Households
2.3
Avg Household Size
44
Median Age
34%
College-Educated
95%
High-School Grad
42.0 sq mi
ZIP Area
294
Density / Sq Mi
$91,331
Median Household Income
$46,293
Median Earnings
$927
Median Rent
$222,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • OutletTire 895 Ridge Rd, Ontario, NY 14519
  • Hosier's Garage 895 Ridge Rd, Ontario, NY 14519
  • Prestige Auto Styling 396 NY 104, Ontario, NY 14519
  • AC Auto Plex Service 6260 Lincoln Rd, Ontario, NY 14519
  • Tireboy.com 891 Ridge Rd, Ontario, NY 14519

Frequently Asked Questions

What type of property is this?
Auto shop - Permitted auto sales use includes a vehicle display area, offices, and repair operations.
Where is this auto shop located?
The property is located at 6260 Lincoln Road Ontario, NY.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,872‑square‑foot office and shop building; Existing permit allows display of up to 54 cars; Front vehicle display area with two offices
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message