Well-Maintained Office
For Sale
Contact for pricing
8211 State Route 12, Barneveld, NY 13304
Recently serviced heating and air conditioning supports ongoing office use.
Property Size2,400 SF
Price / SF$0.38
Days on Market89
Property Features for 8211 State Route 12
General Information
Standard status
Active
Size
2,400 SF
Property subtype
CommercialLease
Additional Details
Utilities to Site
Yes
Listing Agency:
River Hills Properties LLC Barn
(315) 896-1009
Listed By:
Robin Mongeau · License #10491202123
(315) 868-6719
Source:
Nicholcityrealty
Added: Jul 20
Changed: Oct 10
Last Checked: Oct 16 at 8:32AM
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 River Hills Properties LLC Barn
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Investment Insights
Based on property information with market context.
This 2,400-square-foot office property at 8211 State Route 12 provides a well-maintained setting for professional operations. The site includes a recently repaved driveway, ample parking, and recently serviced heating and air conditioning equipment.
Operating responsibilities are clearly divided: the tenant pays utilities and heat, while the owner handles mowing and snow plowing. The property’s established office configuration and maintained exterior support a practical commercial setting for a range of professional uses.
Operating responsibilities are clearly divided: the tenant pays utilities and heat, while the owner handles mowing and snow plowing. The property’s established office configuration and maintained exterior support a practical commercial setting for a range of professional uses.
Key Highlights
- 2,400 SF office property at 8211 State Route 12
- Recently repaved driveway
- Ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,240
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,800
$604.8K
Cap Rate 7%
$432,000
$432.0K
Cap Rate 9%
$336,000
$336.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$50.4K $21.00/SF
− Vacancy
−$10.1K −$4.20/SF
EGI
$40.3K $16.80/SF
− OpEx
−$10.1K −$4.20/SF
NOI
$30.2K $12.60/SF
Area
Oneida County, NY
Vacancy
20.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,800
Cap Rate 7%
$432,000
Cap Rate 9%
$336,000
Alternative Uses
Best Use
Office B
$432.0K
$378.0K – $504.0K
NOI $30,240 @ 7.0% cap · market cap 3,360.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$632.4K
$553.4K – $737.9K
NOI $44,271 @ 7.0% cap · market cap 4,919.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 13304, NY
1,573
Population
796
Households
2
Avg Household Size
47
Median Age
48%
College-Educated
96%
High-School Grad
17.6 sq mi
ZIP Area
89
Density / Sq Mi
$105,313
Median Household Income
$55,607
Median Earnings
$1,264
Median Rent
$254,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Recently serviced heating and air conditioning supports ongoing office use.
Where is this office units located?
The property is located at 8211 State Route 12 Barneveld, NY.
What are key features of this property?
This property features: 2,400 SF office property at 8211 State Route 12; Recently repaved driveway; Ample parking
