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    3565 Us-9 Nelsonville, NY 10516

    Sponsored
    For Sale
    $375,000

    Profitable Auto Shop, 100% Occupied

    Property size:
    1,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving auto shop located at 3565 US-9 in Cold Spring, New York, within Putnam County. The property boasts 1,950 square feet of space, currently operating at 100% occupancy under a NNN lease. The building is situated in the picturesque town of Cold Spring, offering a blend of scenic beauty and convenient access to New York City (approximately 50 miles south). The area is known for its natural beauty, including hills, forests, and Hudson River views, attracting both residents and tourists. Cold Spring itself maintains a charming, historic small-town atmosphere. This single-tenant retail property is priced at $375,000 and represents a strong, stable income stream for the discerning investor. The property's location on US Route 9 ensures high visibility and accessibility for customers. The auto shop's established presence and current high occupancy rate make this a low-risk, high-reward investment opportunity. The property's NNN lease structure minimizes landlord responsibilities, further enhancing its appeal. This turnkey operation is ready for immediate ownership and continued success. The property's zip code is 10516.

    Property Features for 3565 Us-9

    General Information

    Property type
    Automotive properties
    Square Feet
    1,950 SF

    HighLights

    • $375,000 asking price for this 1,950 SF retail auto shop.
    • Located at 3565 US‑9, Cold Spring, NY 10516 (Putnam County).
    • 100% occupied, single‑tenant NNN lease.
    • Property type: Retail Auto Shop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Nelsonville
    County
    Putnam
    State
    New York
    Longitude
    -73.9099183
    Latitude
    41.4846156

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    FAQs

    What type of property is this?
    Automotive property - Profitable Auto Shop, 100% Occupied
    Where is this automotive property located?
    The property is located at 3565 Us-9 Nelsonville, NY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price for this 1,950 SF retail auto shop.; Located at 3565 US-9, Cold Spring, NY 10516 (Putnam County).; 100% occupied, single-tenant NNN lease.
    Request Owner's contact information
    3565 Us-9 Nelsonville, NY 10516
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    Nelsonville, NY 10516
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3565 Us-9 Nelsonville, NY 10516
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