Self Storage with Light Industrial
New
For Sale
$2,300,000
7430 Olean Rd, Holland, NY 14080
Includes 95 cold and climate-controlled storage units plus outside RV storage and two vacant clear-span light industrial buildings.
Days on Market6
Property Features for 7430 Olean Rd
General Information
Standard status
Active
Property subtype
Retail - Freestanding
Building Details
Building Size
30,000 SF
Year Built
1988
Listing Agency:
HUNT Commercial
(716) 854-5943
Listed By:
Clarke Thrasher · License #30TH0470791
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 31 at 4:06AM
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 HUNT Commercial
Investment Insights
Based on property information with market context.
This stabilized property combines self storage with light industrial space and a child day care component. There are 95 cold and climate-controlled storage units, and the site also includes outside RV storage. In addition, the property features a 5,000 SF child day care building.
Two vacant light industrial spaces are also included. One building is approximately 6,000 SF with a small office area, and the other is approximately 2,000 SF; both are described as clear height, clear span structures with large overhead doors. The property is approximately 97% occupied by the storage units and includes room for expanding.
The asset fronts Olean Road with approximately 670 feet of frontage.
Two vacant light industrial spaces are also included. One building is approximately 6,000 SF with a small office area, and the other is approximately 2,000 SF; both are described as clear height, clear span structures with large overhead doors. The property is approximately 97% occupied by the storage units and includes room for expanding.
The asset fronts Olean Road with approximately 670 feet of frontage.
Key Highlights
- 1988‑built stabilized property with 95 cold and climate‑controlled storage units and 97% occupancy
- 5,000 SF child day care space included
- Outside RV storage available
Financial Insights For Warehouse
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.6k | $6.72 |
| − Vacancy | −$13.5k | −$0.45 |
| EGI | $188.1k | $6.27 |
| − OpEx | −$28.2k | −$0.94 |
| NOI | $159.9k | $5.33 |
30,000 SF · lease $6.72/SF/yr · vacancy 6.70% · expense 15.00%
Alternative Uses
Best Use
Self Storage
$4.05M
$3.54M – $4.73M
NOI $283,500 @ 7.0% cap · market cap 12.33%
Second Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,879 @ 7.0% cap · market cap 6.95%
Theoretical Best
Office A
$6.56M
$5.74M – $7.65M
NOI $459,072 @ 7.0% cap · market cap 19.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 14080, NY
4,109
Population
2,108
Households
1.9
Avg Household Size
46
Median Age
21%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
78
Density / Sq Mi
$76,674
Median Household Income
$44,847
Median Earnings
$748
Median Rent
$255,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Includes 95 cold and climate-controlled storage units plus outside RV storage and two vacant clear-span light industrial buildings.
Where is this self storage facility located?
The property is located at 7430 Olean Rd Holland, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 1988‑built stabilized property with 95 cold and climate‑controlled storage units and 97% occupancy; 5,000 SF child day care space included; Outside RV storage available
