Commercial Parcel with
24479 NYS RTE 411 Road La Fargeville, NY 13656
For Sale
$585,000
COMMERCIAL - La Fargeville, NY
Property Size2,042 SF
Lot Size3.45 Acres
Price / SF$286.48
Days on Market161
Property Features for 24479 NYS RTE 411 Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 422
- Parking
- 55
- Parking features
- Paved or Surfaced
- Exterior features
- PropaneTankLeased
- Standard status
- Active
- APN
- 224600-033-000-0001-014-200
- Size
- 2,042 SF
- Lot size
- 3.45 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Propane (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Roof type
- Asphalt
Listing Agency:
Lake Ontario Realty, LLC
(315) 649-3434
Listed By:
Amanda J Miller · License #49MI0953024
(315) 649-3434
Added: Feb 12
Changed: Jul 9
Last Checked: Jul 23 at 5:06PM
MLS# S1661967
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale offers a 3.45-acre commercial parcel with an existing diner building and parking. The building is described as being in excellent condition and well kept. The current operation has been family run for decades, and the property is also presented as a potential fit for a gas station/store or other commercial uses, depending on the buyer’s plans.
The site is located directly next to the Rte 81 on/off ramp, which is highlighted for visibility and accessibility. Additional details include a stated zoning designation of 422 and an overall building size of 2,042 square feet.
The property’s configuration and on-ramp placement are positioned to support a flexible commercial setup, whether maintaining the diner or adapting the site for another retail or service use.
The site is located directly next to the Rte 81 on/off ramp, which is highlighted for visibility and accessibility. Additional details include a stated zoning designation of 422 and an overall building size of 2,042 square feet.
The property’s configuration and on-ramp placement are positioned to support a flexible commercial setup, whether maintaining the diner or adapting the site for another retail or service use.
Key Highlights
- 3.45‑acre commercial parcel located next to the Rte 81 on/off ramp
- Building has central air and forced‑air propane heating
- Asphalt roof and Year Built 1973
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $18.00 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $35.2k | $17.24 |
| − OpEx | −$10.6k | −$5.17 |
| NOI | $24.6k | $12.07 |
2,042 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$352.1K
$308.1K – $410.8K
NOI $24,649 @ 7.0% cap · market cap 4.21%
Second Best
Specialty Retail
$299.3K
$261.9K – $349.2K
NOI $20,951 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$562.9K
$492.5K – $656.7K
NOI $39,402 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
FAQs
What type of property is this?
Breakfast & diner - A 3.45-acre commercial parcel with an existing diner building and parking, positioned next to an Rte 81 on/off ramp.
Where is this breakfast & diner located?
The property is located at 24479 NYS RTE 411 Road La Fargeville, NY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 3.45‑acre commercial parcel located next to the Rte 81 on/off ramp; Building has central air and forced‑air propane heating; Asphalt roof and Year Built 1973
