Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7600 NY-32 Cairo, NY 12413
    Back to Search
    Property profile & analytics

    7600 NY-32 , Cairo, NY 12413

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 7600 NY-32

    Property type
    Retail properties & Spaces
    Property subtype
    Investment properties

    Description

    The Kase Group is excited to offer a prime investment opportunity with a well-established CVS location in Cairo, New York, featuring an absolute NNN lease. The tenant has successfully exercised their first renewal option and retains five additional 5-year options. This lease is corporately guaranteed by CVS with zero landlord obligations. The site benefits from its strategic positioning near Route 23 and Route 32, attracting over 20,000 vehicles daily, which enhances both access and visibility. It is conveniently located across from Hannaford, the area’s primary grocery store, and is surrounded by various well-known tenants, including Cumberland Farms, Mateo's Pizza, Best Wok, Dunkin' Donuts, Ace Hardware, Exxon, McDonald's, Family Dollar and more. Location Description At the Crossroads of the Catskills, Cairo is a rural community in Greene County, located about 35 miles South of Albany and ten miles West of the Hudson River. Cairo is an ideal place to live and work. Enjoy breath-taking views, extraordinary landscapes combined with cultural and economic expansion including the New Town Library, Hannaford Supermarket, Town Park.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cairo
    County
    State
    New York
    Longitude
    -73.9953
    Latitude
    42.3021

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      45 Lincoln Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      45 Lincoln Dr, Cairo, NY 12413-2606
      View Details
    • Value Estimation by Request
      558 SF

      597 Main St

      STORE/OFFICE (MIXED USE)
      597 Main St, Cairo, NY 12413
      View Details
    • Value Estimation by Request
      1,104 SF

      454 Old Rte 23

      OFFICE/RESIDENTIAL (MIXED USE)
      454 Old Rte 23, Cairo, NY 12413-3638
      View Details
    • Value Estimation by Request
      3,420 SF

      550 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      550 Main St, Cairo, NY 12413-3007
      View Details
    • Value Estimation by Request
      1,248 SF

      618 Main St

      STORE/OFFICE (MIXED USE)
      618 Main St, Cairo, NY 12413
      View Details
    • Value Estimation by Request
      1,327 SF

      5806 Rte 23rd, Unit 5816

      STORE/OFFICE (MIXED USE)
      5806 Rte 23rd, Cairo, NY 12413-3611
      View Details

    Similar Nearby for Sale

    • $495,000
      3,995 SF

      Commercial Space with Road Frontage

      Versatile commercial property with ample parking and multiple access points.
      670 New York 145, Cairo, NY 12413
      View Details
    • Contact for pricing
      10,125 SF

      Retail Property Near Major Routes

      NNN lease retail property with corporate guarantee and below market rent.
      7600 Ny-32, Cairo, NY 12413
      View Details
    • $139,900
      3,003 SF

      Mixed-Use Development Opportunity in Cairo

      Mixed-use property in prime location with commercial and residential potential.
      460 Main St, Cairo, NY 12413
      View Details
    • $750,000
      10,691 SF

      Cairo Mixed-Use Commercial Property

      Four buildings on 1.9 acres in Cairo's business district.
      299 Main St, Cairo, NY 12413
      View Details
    • Contact for pricing
      3,143 SF

      Mixed-Use Property in Cairo

      Commercial mixed-use property with apartment and garage in Cairo, NY.
      638 Main St, Cairo, NY 12413
      View Details
    • $199,900
      3,143 SF

      Mixed-Use Property in Cairo, NY

      Commercial mixed-use property with apartment and garage in Cairo, NY.
      638 Main St, Cairo, NY 12413
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7600 NY-32
    Cairo, NY 12413
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7600 NY-32 , Cairo, NY, 12413
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!