390 Smith Rdg Rd South Salem, NY 10590-2325
For Sale
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Property summary
This exceptional owner-user opportunity presents a thriving Sunoco gas station ideally situated in South Salem, NY, at 390 Smith Ridge Rd, zip code 10590. The property boasts a convenient location on the border of Pound Ridge and New Canaan, CT, ensuring a consistent flow of customers from both local residents and commuters. The single-story, Class B building encompasses 3,078 square feet on a 2.1-acre lot. Four gas pumps facilitate efficient service, minimizing wait times. The station features three service bays equipped with modern tools for comprehensive automotive maintenance and repair services, ranging from routine oil changes to more complex repairs. This established business benefits from its proximity to major commuting routes and affluent neighboring communities, offering significant potential for increased revenue through expanded services or premium product offerings. The property's strong performance and strategic location make it an attractive investment for an owner-operator seeking a well-established and profitable business. This is a single-tenancy operation. The property is classified as retail.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
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Auto Repair Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the South Salem market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
GB · South Salem, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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