Property profile

2591 Ny-7 Otego, NY 13825

OFF-MARKET
Retail properties & Spaces
29,100 SF 80.91 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional commercial property in Otego, NY, presents a unique investment opportunity. The 80.91-acre lot features three buildings totaling 29,100 square feet, offering diverse uses. A former automotive restoration facility (20,000 sq ft) with a 4,000 sq ft operating car wash (business included in sale) provides immediate cash flow. A third building (5,100+ sq ft) includes 2,600 sq ft of garage/warehouse space and a 2,500 sq ft sandblast area. The property also boasts a 9,100 sq ft Class-A lobby/office/showroom with high-end finishes, including ceramic tile and wood wainscoting, multiple offices, a conference room, showroom, breakroom with kitchen/baths/shower, and a parts/store room. A 4,900 sq ft repair shop features radiant heat and supplemental recycled oil heating. Multiple overhead doors and 16' high ceilings offer versatility. A 7,000 sq ft clean room, machine shop, paint booth, detailing area, and mechanic's shop complete the complex. The property includes a 130-space parking lot with heated entry sidewalks. Zoned for residential, agricultural, and various commercial uses with a Special Use Permit. Asking price: $1,750,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 29,100 SF
Lot 80.91 ac (3,524,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2591 Ny-7 Otego, NY 13825
Otego metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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