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Property profile & analytics
OFF-MARKET
Auto shops

1525 State Rte 264 Phoenix, NY 13135-2154

6,240 SF 1 ac lot Built 1979
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-1248974
Property summary
AI-generated overview

This exceptional commercial property, located at 1525 State Route 264 in Palermo, New York, presents a unique investment opportunity. Priced at $399,900, this well-equipped auto body shop is ideally suited for both established businesses seeking relocation and aspiring entrepreneurs entering the automotive repair industry. The property boasts a highly visible location, ensuring significant exposure to potential customers. The facility is designed for efficiency and includes eight overhead doors, providing ample access for vehicles. Two operational lifts facilitate a variety of repair and servicing needs, complemented by a professional paint booth capable of delivering high-quality finishes. Administrative tasks are streamlined with two well-appointed offices, perfect for customer consultations and general business operations. Employee comfort and convenience are prioritized with two restrooms and two break rooms. One break room is further enhanced with a kitchenette, shower, and washer/dryer hookups, creating a functional and supportive work environment. This expansive property offers significant potential for growth and expansion, making it an attractive investment prospect in a desirable location. The property is situated in Oswego County, New York, with a zip code of 13069. The geographic coordinates are 43.3337541 latitude and -76.2858801 longitude. This turnkey operation is ready for immediate occupancy.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1979
Total area 6,240 SF
Lot 1 ac (43,560 SF)
Zoning code 01 - NOT ZONED
APN 354400 239.00-01-01.2
UPID US63-1248974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ralph A Stoutenger III · 8 yrs held
Ralph A Stoutenger III
since 2017
2 recorded transactions
2017
$125,000
1969
Price N/A
Zoning & alternative use
01 - NOT ZONED · Phoenix, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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