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    9726 Latus Rd Clayville, NY 13318

    For Sale
    $220,000

    7,600 SF Flex/Warehouse, 27 Units

    Property size:
    7,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 7,600 square foot flex/warehouse property situated on a substantial 78,408 square foot lot in Clayville, NY (zip code 13318). The property, built in 2007, comprises two single-story buildings and features 27 currently occupied self-storage units, offering immediate income potential. The flexible layout includes a 60 x 80 foot pole barn ideal for large vehicle or boat storage, complementing the existing self-storage units. The self-storage units are adaptable to various needs. The property boasts 3-phase electric service and a well, with natural gas readily available. While located in a floodplain, recent work by the DEC and NYS has mitigated potential concerns. The property is being sold "as is," with an asking price of $220,000, representing a price per square foot of $28.95 and a price per unit of $8,148.15. The property is zoned commercial and features a metal roof and metal construction. High-speed internet access is available. The assessed value is $72,200. This property presents a unique opportunity for investors seeking a versatile commercial/industrial asset with strong income potential and expansion possibilities.

    Property Features for 9726 Latus Rd

    General Information

    Property type
    Self storage facilities
    Square Feet
    7,600 SF

    Building Details

    Year Built
    2007
    Buildings
    2
    Stories
    1
    Units
    27

    HighLights

    • Commercial/Industrial property.
    • $200,000 list price.
    • 220V, 3‑phase electrical service.
    • Location per remarks.
    • Parking spaces: (Number not provided).
    • Active listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Auto Parts Store Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Clayville
    County
    Oneida
    State
    New York
    Longitude
    -75.1895576
    Latitude
    42.967658

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    FAQs

    What type of property is this?
    Self storage facility - 7,600 SF Flex/Warehouse, 27 Units
    Where is this self storage facility located?
    The property is located at 9726 Latus Rd Clayville, NY.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Commercial/Industrial property.; $200,000 list price.; 220V, 3-phase electrical service.
    Request Owner's contact information
    9726 Latus Rd Clayville, NY 13318
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    Clayville, NY 13318
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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
    9726 Latus Rd Clayville, NY 13318
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