Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    167 Co Hwy 3A Unadilla, NY 13849

    View on Map
    Claim this Listing
    For Sale
    $724,900

    Vacant Land - Unadilla, NY

    Lot size:
    49.99 Acres
    Added:
    May 7, 2025
    Days on Market:
    358
    Last Refresh:
    Apr 29 at 2:06 am

    Property Features for 167 Co Hwy 3A

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    100
    Parking features
    Garage
    Standard status
    Active
    APN
    366289-323.000-0001-015.005
    Lot size
    49.99 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Josh Buell

    Listing agent Josh Buell

    Listing office WHITETAIL PROPERTIES REAL ESTATE LLC (NY) 121 SOUTH MADISON ST, PITTSFIELD, NY

    Listing date May 7, 2025

    MLS# 11492119 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unadilla Horse Farm with Ranch

    This 49.99-acre horse farm features a 2018-built ranch house with 3 bedrooms and 2 bathrooms. The home includes a kitchen with granite countertops, white cabinetry, and stainless steel appliances including a refrigerator, range, double oven, and dishwasher. Hardwood floors and tile are present throughout the home. The finished full basement has a kitchenette, full bath, and laundry, potentially serving as a separate living area. A full home generator system is installed, and the property is equipped with radiant heat and spray foam insulation. Large windows offer views of the fields and pasture. There is also an attached 400 sq ft garage. The two-story dairy barn has been converted and updated for horses, with stalls on the first floor, a wash bay, heated tack room, and full bathroom. Storage space is available for feed and hay. High tinsel fencing surrounds several separated paddocks behind the barn, which also includes three run-in buildings. A separate riding arena is present. A four-bay garage, currently used as a workshop and equipment storage, has a heated cement floor and four approximately 10' tall overhead doors. A pond flows into a small waterfall behind the house and barns. Open meadows behind the pastures are used for hay production. The property offers potential for a small farm operation with crops, horses, livestock, residential use, and small business utilizing the outbuildings. Amenities are available within 9 miles in the village of Sidney and 20 miles away in Norwich. Additional shopping, restaurants, and entertainment are available in less than a half hour in Oneonta or within 50 minutes in Binghamton.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Unadilla
    County
    Otsego
    State
    New York
    Longitude
    -75.3326
    Latitude
    42.3228

    Nearby Similar for Sale

    • $286,999
      4,760 SF

      Unadilla Multifamily and Office Building

      Income-producing multifamily with vacant office space in Unadilla, NY.
      16 Clifton Street, Unadilla, NY 13849
      View Details
    • $175,000
      1,280 SF

      Turnkey Commercial Service Facility

      Ready-to-use commercial facility with service bays and recent updates.
      184 Main Street, Unadilla, NY 13849
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - 49.99-acre horse farm with updated barn and ranch house.
    Where is this horse & equestrian property located?
    The property is located at 167 Co Hwy 3A Unadilla, NY.
    What is the asking price?
    The asking price for this property is $724,900.
    What are key features of this property?
    This property features: 49.99 acre horse farm, turn‑key ready for immediate use.; Updated two‑story dairy barn converted for horses, featuring stalls, wash bay, heated tack room, full bathroom, and storage.; **2018 built, 3‑bedroom, 2‑bath ranch house with granite countertops, stainless steel appliances, hardwood floors, tile, radiant heat, and spray foam insulation.**
    (607) 220-6247
    We can help!
    Listing Contact
    Josh Buell
    Learn More
    Request Owner's contact information
    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
    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!