Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    373 Hooper Rd Endicott, NY 13760-3641

    • Specialty properties
    • 3,626 SF
    • 1.19 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2491136
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Labrecque / Veterinarian
    • Veterinary Medical Center / Animal Hospital
    • Animal Hospital - Endwell NY / Veterinarian
    • Corcoran M Denise DVM / Veterinarian
    • Skrabalak Dale S DVM / Veterinarian

    Property Details for 373 Hooper Rd

    Year built
    1993
    Lot size
    1.19 lot acres
    Property size
    3,626 SF
    Zone code
    CO
    Property type
    Specialty properties
    APN
    034689 142.13-6-7
    APU
    346891421367

    Description

    This exceptional investment opportunity presents a portfolio of two medical office buildings, totaling 5,054 square feet, leased to Blue River PetCare, a leading operator of veterinary hospitals with over 180 locations nationwide. Located in Endwell (373 Hooper Road, 13760) and Johnson City (196 Riverside Dr, 13790), New York, this portfolio boasts a strong 7.91% cap rate and a substantial net operating income (NOI) of $122,400. The current lease, a double net (NN) agreement with landlord responsibilities limited to roof and structure, features a 10-year term commencing October 31, 2020, and expiring October 30, 2030, with approximately 5.9 years remaining. The lease includes two 5-year renewal options and incorporates a 2% annual rent increase beginning in year three, providing built-in protection against inflation and ensuring consistent NOI growth. The property's price per square foot is $306.18, and the asking price for the entire portfolio is $1,547,448. The portfolio benefits from the robust and recession-resistant veterinary services market, which has experienced significant revenue growth and is projected to continue expanding. This is a rare opportunity to acquire a stable, high-yielding investment with a long-term tenant and significant upside potential. The 100% occupancy rate further underscores the strength and stability of this investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $330,000
      COMMERCIAL (GENERAL)
      $270,000
      OFFICE BUILDING
      $195,000
      WAREHOUSE, STORAGE
      $170,000
      RETAIL STORES
      $170,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.0179
    Latitude
    42.114
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $3,500
    $13,000
    $16,500
    -
    $101,156
    $375,723
    $476,879

    Comparable in this City

    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details
    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details
    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details
    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details
    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details
    • Value Estimation by Request

      Endicott, NY 13760

      SBE - SPECIAL ASSESSMENTS
      Endicott, NY 13760
      View Details

    Similar Nearby for Sale

    • $15,000,000
      34.96 Acres

      Skye View Heights Portfolio

      54-Unit Senior Living Complex, High Occupancy
      420 Overton St, Endicott, NY 13760
      View Details
    • $1,650,000
      8,269 SF

      Endwell, NY Office Building

      Class A Office, 8,269 SF, High Demand
      333 Hooper Rd, Endwell, NY 13760
      View Details
    • $650,000

      Downtown Endicott Triple Play

      Prime investment: stores, offices, apartments.
      9 Washington Ave, Endicott, NY 13760
      View Details
    • $189,000
      3,000 SF

      Endicott Multifamily Investment Opportunity

      Four-unit multifamily property with income potential in a prime location.
      410 Jackson Ave, Endicott, NY 13760
      View Details
    • Contact for pricing

      Endicott Parking Lot For Sale

      Level, paved parking lot in central Endicott, NY.
      107 Madison Ave, Endicott, NY 13760
      View Details
    • $2,500,000
      41,000 SF

      Endicott Office Building For Sale

      Office building with a history of full occupancy and parking.
      111 Grant Ave, Endicott, NY 13760
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,791 SF

      Endicott Industrial/Office Space

      8,791 SF Single-Tenant Warehouse/Office
      1060 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      115,626 SF

      Endicott Warehouse Space Available

      Large industrial warehouse, multiple units available.
      22 Adams Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      362,258 SF

      Endicott Industrial Space For Lease

      Large Manufacturing Space Available in NY
      1701 North St, Endicott, NY 13760
      View Details
    • $379,000
      800 SF

      Prime Retail Space Near Huron Campus

      Retail space near Huron Campus with high foot traffic.
      100 Garfield Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      135,798 SF

      Endicott Warehouse Space Available

      Large Industrial Warehouse, Multiple Units
      1101 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      137,030 SF

      Endicott Warehouse: 137,030 SF

      Large Industrial Warehouse Space Available
      24 Adams Ave, Endicott, NY 13760
      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.
    373 Hooper Rd
    Endicott, NY 13760-3641
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.