Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (518) 497-7030
    Web Site
    Size: under 10 agents

    Agents

    Service Locations

    Property Types

    • Land

    Listings

    For Sale (17)

    View map
    Waterfront Lot with Private Waterfall
    Contact for pricing
    0.85 Acres

    Waterfront Lot with Private Waterfall

    Waterfront lot with waterfall, ideal for RV, camp, or home.

    Mcgregor Rd, Ellenburg, NY 12935
    View details
    LAND - Ellenburg, NY
    $40,000
    87.00 Acres

    LAND - Ellenburg, NY

    Hunting land • 87.00 Acres

    Sharrett Rd, Ellenburg, NY 12933
    View details
    Versatile Building on Main Street
    $44,900
    4,956 SF

    Versatile Building on Main Street

    Mixed-use property with modern apartment and retail space potential.

    173 E Main St, Chateaugay, NY 12920
    View details
    Updated Duplex in Malone, NY
    $79,800
    1,411 SF

    Updated Duplex in Malone, NY

    Well-maintained duplex, ideal for investors or owner-occupants.

    17 Fort Covington St, Malone, NY 12953
    View details
    Chateaugay Wooded Lot For Sale
    $35,000
    3.23 Acres

    Chateaugay Wooded Lot For Sale

    3.23-acre wooded lot ideal for recreational and rental development.

    Commons Rd, Chateaugay, NY 12920
    View details
    Chateaugay, NY Wooded Land Parcel
    $30,000
    2.85 Acres

    Chateaugay, NY Wooded Land Parcel

    2.85 acre wooded parcel on a maintained road.

    Commons Rd, Chateaugay, NY 12920
    View details
    Chateaugay Wooded Lot Opportunity
    Contact for pricing
    2.27 Acres

    Chateaugay Wooded Lot Opportunity

    2.27-acre wooded lot perfect for building your dream home.

    Commons Rd, Chateaugay, NY 12920
    View details
    Vacant Acre Lot in Chateaugay
    Contact for pricing
    1.07 Acres

    Vacant Acre Lot in Chateaugay

    A surveyed, one-acre lot perfect for building or investment.

    Commons Rd, Chateaugay, NY 12920
    View details
    Vacant Lot in Chateaugay, NY
    Contact for pricing
    2.46 Acres

    Vacant Lot in Chateaugay, NY

    2.46-acre vacant lot for building or investment in Chateaugay.

    Commons Rd, Chateaugay, NY 12920
    View details
    Two Acres Wooded Land
    Contact for pricing
    2.00 Acres

    Two Acres Wooded Land

    Two acres of wooded land, ideal for a dream home.

    Commons Rd, Chateaugay, NY 12920
    View details
    Vast North Country Wilderness Retreat
    $669,000
    721.00 Acres

    Vast North Country Wilderness Retreat

    721-acre property with camp, pond, and hunting potential.

    232 Soucia Rd, Churubusco, NY 12923
    View details
    Three-Story Commercial Building in Malone
    $59,900
    4,680 SF

    Three-Story Commercial Building in Malone

    Three-story commercial building in the heart of Malone, New York.

    E Main St, Malone, NY 12953
    View details
    Mixed-Use Commercial Property in Chateaugay
    $119,000
    1,312 SF

    Mixed-Use Commercial Property in Chateaugay

    Versatile property with commercial spaces and residential unit.

    13 River St, Chateaugay, NY 12920
    View details
    Mooers, NY Land with River
    $239,500
    190.50 Acres

    Mooers, NY Land with River

    190+/- acres featuring river, pond, tillable ground, and woods.

    White Rd, Mooers, NY 12958
    View details
    Churubusco Hunting Land For Sale
    $250,000
    255.00 Acres

    Churubusco Hunting Land For Sale

    255 acres of hunting land near the Canadian border.

    Clinton Mills Rd, Churubusco, NY 12923
    View details
    1196 Acres of Hunting Land
    $950,000
    1,196.00 Acres

    1196 Acres of Hunting Land

    Large hunting land parcel with abundant wildlife and timber.

    Soucia Rd, Churubusco, NY 12923
    View details
    Land in Mooers, New York
    $40,000
    21.60 Acres

    Land in Mooers, New York

    21.6 acres of land suitable for building or sugarbush.

    Drown, Mooers, NY 12958
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Backus Real Estate
    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.
    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
    Backus Real Estate
    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.
    Sign Up Successful!
    You now have access to more from Realmo!