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    For Sale (22)

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    Undeveloped Land in Plattsburgh, NY
    Contact for pricing
    6.20 Acres

    Undeveloped Land in Plattsburgh, NY

    6.2 acres of residentially zoned land with road frontage.

    Rte 3, Plattsburgh, NY 12901
    View details
    Undeveloped Land in Peru, NY
    $175,000
    10.70 Acres

    Undeveloped Land in Peru, NY

    Undeveloped 10.7-acre parcel with road access near I-87.

    # Bear Swamp Rd, Peru, NY 12972
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    Prime Corner Land in Peru, NY
    $120,000
    6.72 Acres

    Prime Corner Land in Peru, NY

    Corner property with high visibility and access in growing area.

    * Bear Swamp Rd, Peru, NY 12972
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    COMMERCIAL - Keeseville, NY
    $96,000
    1,580 SF

    COMMERCIAL - Keeseville, NY

    Breakfast & diners

    1843 Us-9, Keeseville, NY 12944
    View details
    Plattsburgh Land For Sale
    $39,900
    3.50 Acres

    Plattsburgh Land For Sale

    3.5 acre lot in Plattsburgh, NY near Salmon River.

    Smart Rd, Plattsburgh, NY 12901
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    Active Sand & Gravel Pit
    $400,000
    102.90 Acres

    Active Sand & Gravel Pit

    102.9-acre active sand & gravel pit near Plattsburgh, NY.

    Shingle St, Schuyler Falls, NY 12962
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    Retail-Industrial Building with Overhead Door
    $675,000
    10,000 SF

    Retail-Industrial Building with Overhead Door

    A 10,000 sf building with showroom-style open space, rear office/workshop, central HVAC, and a 10' overhead door.

    72 Champlain St, Rouses Point, NY 12979
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    Plattsburgh Development Site with Utilities
    $449,000
    10.00 Acres

    Plattsburgh Development Site with Utilities

    10+/- acre development site with utilities near Plattsburgh center.

    132 Banker Rd, Plattsburgh, NY 12901
    View details
    Land in Cadyville, New York
    $140,000
    7.00 Acres

    Land in Cadyville, New York

    7-acre land parcel suitable for subdivision in Cadyville, NY.

    Church Rd, Cadyville, NY 12918
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    49-Acre Commercial Lot Available
    $850,000
    49.70 Acres

    49-Acre Commercial Lot Available

    Commercial land with utilities and road frontage in Plattsburgh, NY.

    384 Tom Miller Rd, Plattsburgh, NY 12901
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    Residential Land in Prime Location
    $50,000
    0.45 Acres

    Residential Land in Prime Location

    0.45 acre residential lot in Plattsburgh, NY.

    76 Broad St, Plattsburgh, NY 12901
    View details
    Ausable Forks Land Subdivision
    $62,500
    1.51 Acres

    Ausable Forks Land Subdivision

    26-lot subdivision near Fern Lake and Whiteface Mountain.

    Way Shirley's, Au Sable Forks, NY 12912
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    Ausable Forks Land For Sale
    $59,000
    4.85 Acres

    Ausable Forks Land For Sale

    Residential land with lake access near Whiteface Mountain.

    Fern Lake Rd, Au Sable Forks, NY 12912
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    Ausable Forks Land Subdivision
    $42,500
    4.53 Acres

    Ausable Forks Land Subdivision

    26-lot subdivision near Fern Lake and Whiteface Mountain.

    Stevens Lndg Rd, Au Sable Forks, NY 12912
    View details
    Auto Body Shop with Rental Residence
    $525,000
    4,800 SF

    Auto Body Shop with Rental Residence

    Auto body shop with seven overhead doors, improved shop systems, and a leased three-bedroom residence on a highly visible site.

    1436-1438 Military Turnpike Ext, Plattsburgh, NY 12901
    View details
    Waterfront Land on Lake Champlain
    $385,000
    1.03 Acres

    Waterfront Land on Lake Champlain

    1.03-acre waterfront parcel with 222 feet of shoreline.

    Edison Way, Plattsburgh, NY 12901
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    Plattsburgh Commercial Land Opportunity
    $325,000
    1.32 Acres

    Plattsburgh Commercial Land Opportunity

    Prime development land with excellent visibility and convenient access.

    Margaret St, Plattsburgh, NY 12901
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    Mixed-Use Building with Retail Spaces
    $305,000
    8,304 SF

    Mixed-Use Building with Retail Spaces

    Mixed-use Main Street property with occupied apartments and three retail spaces, offering flexible space for owners and operators.

    14220 Nys Route 9N, Au Sable Forks, NY 12912
    View details
    Residential Land in Plattsburgh, NY
    $79,000
    0.94 Acres

    Residential Land in Plattsburgh, NY

    Residential land for new home construction in established subdivision.

    Pristine Dr, Plattsburgh, NY 12901
    View details
    Student Housing Multifamily Investment
    $660,000
    4,439 SF

    Student Housing Multifamily Investment

    Meticulously maintained student housing with strong occupancy history.

    50 Broad St, Plattsburgh, NY 12901
    View details
    Land for Sale
    $449,000

    Land for Sale

    Land available on Banker Road and Tom Miller Road.

    132 Banker Rd, Plattsburgh, NY 12901
    View details
    Land Available in Au Sable Forks
    Contact for pricing

    Land Available in Au Sable Forks

    Commercial land for sale in Essex County, Au Sable Forks.

    14220 Nys Route 9N, Au Sable Forks, NY 12912
    View details

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    Fesette Realty, LLC
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    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
    Fesette Realty, LLC
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