Property profile

36 Cold Spring Rd Monticello, NY 12701

FOR SALE
Auto shops
Property ID
US63-0999955
Built 1960
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Property summary

AI-generated overview

This Monticello location provides substantial versatility for mixed-use development and is situated in a highly desirable area. With its long history as an auto mechanic shop, the lot offers large parking and storage areas plus an investment/ rental unit. The main attraction is the garage, which is just under 3500 square feet, offers five overhead doors of various heights, an office, restroom, has heating, and is currently configured for automotive business. It would also be suitable for other uses such as for contractors, towing business, woodworking, retail establishment, or ideal storage for equipment, etc. Second building, which is approximately 2000 square feet, was formerly a duplex and still has two electric meters. It is rented by a single tenant who has combined the space but could be converted back, if desired. A perfect set up for live/ work, management quarters, or extended business use. Property is zoned HC2 which is favorable for many uses and is serviced by municipal sewer and a drilled well. Municipal water is approximately 500 feet away. Monticello is a very central and convenient location, and this property offers extremely large road frontage of over 700 feet on Cold Spring Road/ County Road 102 making it easy to access for vehicles, deliveries, large trucks and equipment. Zoning and the survey/site plan map are included in the documents. bikeScore: 48, Somewhat Bikeable walkScore: 67, Somewhat Walkable

Property profile

Verified
Property type Auto shops
Year built 1960
UPID US63-0999955

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

36 Cold Spring Rd Monticello, NY 12701
Monticello metro
Google Maps

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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