101 Winney Hill RdOneonta, NY 13820

Property Details for 101 Winney Hill Rd

Year built

1970

Lot size

6.52 AC

Property size (Sq ft)

68,000 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

364600 287.19-1-2.02

APU

364600287191202

Description

This exceptional 1,500 square foot single-tenant office space is ideally situated in West Gate Plaza at the highly visible intersection of Chestnut, Oneida, and Winney Hill Roads in Oneonta, New York. The property boasts large front windows, providing excellent natural light and street visibility, making it perfect for a variety of businesses. The space is part of a larger complex offering various sizes of office space, should your needs evolve. This prime location offers easy access to major roadways including I-88, Routes 23, 28, and 205, ensuring convenient commutes for employees and clients. The property also benefits from ample parking, a significant advantage in a busy commercial area. Its proximity to the Cooperstown All Star Village adds to its appeal. The annual rent is $14.40 per square foot, with an additional $1.44 per square foot for annual common area maintenance (CAM) charges. The property is classified as Retail, Office, and Special Purpose, and is suitable for Executive Office, Medical Office, or Creative Office uses. Located in Otsego County, New York, with a zip code of 13820, this property presents a compelling opportunity for businesses seeking a well-located and versatile office space. The address is 101 Winney Hill Road.

• CAP approach

  CAP return

  Valuation

  6%

  $19,495,100

  6.5%

  $17,995,400

  7%

  $16,710,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,302,390

  Geo Method

  $9,240,280

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $35,278,700

  Mixed-Use / Specialty

  $17,856,200

  Hospitality / Lodging

  $13,002,700

  Office

  $17,671,900

  Institutional / Educational

  $18,536,400

  Residential Income

  $21,687,600

  Multifamily

  $26,427,200

  Automotive / Energy

  $15,888,300

  Parking / Income-Based Land

  $5,557,070

  Restaurant / Food Service

  $9,126,880

  Healthcare / Senior Housing

  $18,388,200

Location Insight

City

Oneonta

County

Otsego

State

New York

Latitude

42.457

Longitude

-75.0962

CBSA code

36580

CBSA name

ONEONTA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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