You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Automotive properties

43550 State Hwy 37 Redwood, NY 13679

8,466 SF 1.27 ac lot Built 1920
Entity Owned 14-yr Hold Free & Clear
Property ID
US63-2484392
Property summary
AI-generated overview

This expansive 8,466 square foot commercial building presents a unique investment opportunity in Redwood, NY. Situated on a 1.49-acre lot along a busy state highway, this property boasts a rich history, having previously served as a car dealership, garage, deli, and store. Currently operating as a profitable storage facility for boats and vehicles, it offers immediate income potential. The building's layout is highly adaptable. The main floor comprises approximately 80 x 44 feet of storage space with 11-foot ceilings. A former deli area (24 x 44 feet) offers additional space for various uses. The storefront features original tin ceilings (50 x 44 feet). Upstairs, a large, versatile space (45 x 100 feet) with 12-foot ceilings (plus a 4-5 foot peak) overlooks Butterfield Lake, ideal for events or expansion. Public water, electric, and sewer are available, though not currently utilized. The roof has undergone patching but requires further attention

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1920
Total area 8,466 SF
Lot 1.27 ac (55,321 SF)
APN 222289 15.06-2-7
UPID US63-2484392
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stewart Storage Of Redwood LLC · 14 yrs held
Stewart Storage Of Redwood LLC
since 2011
1 recorded transaction
2011
$20,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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