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    Property profile & analytics
    OFF-MARKET Estimated value $1,040,000
    Investment properties

    582 Main St, New York Mills, NY 13417-1449

    26,096 SF 0.58 ac lot Built 1920
    Entity Owned 24-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-0334644
    Property summary
    AI-generated overview

    This exceptional 26,096 square foot warehouse at 582 Main Street, New York Mills, NY 13417, presents a compelling investment opportunity. The property boasts a versatile industrial layout spread across four floors, including an accessible lower level. All floors are conveniently serviced by a freight elevator, enhancing operational efficiency. Significant upgrades have been implemented, including updated electrical and heating systems on the first and second floors, ensuring modern functionality. The building features a durable rubber roof, a comprehensive sprinkler system for fire safety, and a convenient loading dock. Power is supplied by an 800 Amp 3-phase electrical service. Ample parking is available in the large on-site lot. Currently zoned C1, this property offers a wide range of potential uses. Furthermore, with the necessary Planning Board approval, redevelopment into a mixed-use property incorporating residential living is a viable option. This presents a unique chance to capitalize on the growing demand for diverse commercial and residential spaces in a prime location. The property's size, features, and zoning make it an attractive prospect for both established businesses and forward-thinking developers seeking a significant investment in Oneida County, New York. The asking price is $549,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1920
    Total area 26,096 SF
    Lot 0.58 ac (25,120 SF)
    Zoning code 05 - COMMERCIAL
    APN 304803 317.014-1-26
    UPID US63-0334644
    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
    Current use
    Occupant on record · Public records
    • Wild Things Pet Shop (Bike/Boat/Book/etc) Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.00M
    Blend (final) Blend
    $1.04M
    Owner & transaction history
    582 MAIN STREET CO, LLC
    582 MAIN STREET CO, LLC
    Zoning & alternative use
    05 - COMMERCIAL · New York Mills, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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