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    Former Auto Shop on Corner Title is generated by Realmo AI

    6790 Erie Rd, Derby, NY 14047

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    1,733 SF auto shop with high traffic exposure.

    Type:Industrial, Land, Retail
    Property size:
    1,733 SF
    Price / SF:
    $144/SF
    Added:
    Jan 22, 2025
    Days on Market:
    485
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 6790 Erie Rd

    General Information

    Standard status
    Active
    Size
    1,733 SF
    Property subtype
    Industrial, Land, Retail

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    Listing Contact
    John Pastore

    Listing agent John Pastore License #FLBO/ FSBO

    Listing office Hawley Development Corp

    Listing date Jan 22, 2025

    Source Crexi

    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 Hawley Development Corp

    HighLights

    • High‑traffic corner location with over 13,000 vehicles per day, providing excellent business exposure.
    • Suitable for automotive users, retail, or other commercial uses.
    • Two spacious service bay areas.
    • Retail storefront included.
    • Newly installed bathroom (June 2025).
    • 1,733 SF former auto shop.

    Overview

    This 1,733 square foot property, formerly an auto shop, presents an opportunity for automotive users or small business owners. The property includes a retail storefront and two service bay areas. A bathroom was newly installed in June 2025. Situated on a corner with high traffic, the location sees over 13,000 vehicles per day. The property is suitable for automotive services, retail, or other commercial uses. The population within a 1-mile radius is 3,952, with 1,619 households and a median household income of $76,258. Within a 3-mile radius, the population is 12,355, with 4,708 households and a median household income of $79,471. The population within a 5-mile radius is 18,805, with 7,284 households and a median household income of $78,604.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $173.1K
    NOI $15,582 @ 9.00% cap · cautious / downside scenario
    Moderate
    $222.6K
    NOI $15,582 @ 7.00% cap · market / base-case scenario
    Aggressive
    $311.6K
    NOI $15,582 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Retail

    Component $ $/SF
    Gross rent $25.0k $14.40
    − Vacancy −$2.7k −$1.56
    EGI $22.3k $12.84
    − OpEx −$6.7k −$3.85
    NOI $15.6k $8.99
    1,733 SF · lease $14.40/SF/yr · vacancy 10.80% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $222.6K
    $194.8K – $259.7K (±1% cap)
    NOI $15,582 @ 7.0% cap · market cap 6.23%
    Second Best
    Industrial
    $108.7K
    $95.1K – $126.8K (±1% cap)
    NOI $7,606 @ 7.0% cap · market cap 3.04%
    Theoretical Best
    Office A
    $378.8K
    $331.5K – $442.0K (±1% cap)
    NOI $26,519 @ 7.0% cap · market cap 10.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Camus Auto Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Derby Body Shop 6750 Putnam Dr, Derby, NY 14047
    • Jiffy Lube 6858 Erie Rd, Derby, NY 14047
    • Camus Auto 6790 Erie Rd, Derby, NY 14047
    • Donald J Braasch 6613 Erie Rd, Derby, NY 14047
    • RDA South 6943 Erie Rd, Derby, NY 14047

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Erie
    State
    New York
    Longitude
    -78.976653
    Latitude
    42.703276

    FAQs

    What type of property is this?
    Auto shop - 1,733 SF auto shop with high traffic exposure.
    Where is this auto shop located?
    The property is located at 6790 Erie Rd Derby, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: High‑traffic corner location with over 13,000 vehicles per day, providing excellent business exposure.; Suitable for automotive users, retail, or other commercial uses.; Two spacious service bay areas.
    More about this property
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