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

    9496 State Rt 414 Lodi, NY 14860

    View on Map
    New
    For Sale
    $900,000

    COMMERCIAL - Lodi, NY

    Property size:
    4,892 SF
    Lot size:
    3.79 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 6 at 10:06 pm

    Property Features for 9496 State Rt 414

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Res 1 unit
    Parking
    15
    Parking features
    Driveway
    Standard status
    Active
    APN
    017-0000001-035
    Size
    4,892 SF
    Lot size
    3.79 Acres

    Taxes and HOA fees

    Tax Annual Amount
    12015

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Oil, Electric (Heating), Zoned
    Cooling system
    Zoned
    Water source
    Well

    Building Details

    Year built
    1885
    Floors in Building
    1
    Flooring type
    Varies, Hardwood, Carpet
    Building materials
    Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Warren O. Radke
    Warren O. Radke

    Listing agent Warren O. Radke License #30RA1056722

    Listing office Howard Hanna Corning 45 E MARKET ST, Corning, NY

    Listing date Apr 6, 2026

    MLS# R1671586

    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.

    Overview

    Lodi NY Commercial Property

    Located in the Finger Lakes region of New York, this commercial property is situated on approximately 3.79 acres. The property is currently operating as a bed and breakfast, featuring five bedroom suites on the second floor. The first floor includes a comfortable owner's living space and a large common area. A wrap-around deck provides views of Seneca Lake. The property includes a lawn and gardens. The building has a total area of 4892 square feet. The property is located in Lodi, NY. The zoning is Res 1 unit. The property may be suitable as a family retreat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Restaurant Real Estate Agency Hotel & Motel Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Travel Agency Bed & Breakfast Restaurant Wine and Liquor Store

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

    Similar Places Nearby

    • The Fox and the Grapes Bed and Breakfast — 9496 NY-414, Lodi, NY 14860

    Location Insight

    • Map
    • Local Demand
    City
    Lodi
    County
    Seneca
    State
    New York
    Longitude
    -76.86192
    Latitude
    42.56438

    FAQs

    What type of property is this?
    Bed & breakfast - Commercial property in the Finger Lakes region with lake views.
    Where is this bed & breakfast located?
    The property is located at 9496 State Rt 414 Lodi, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Seneca Lake views from a wrap‑around deck; Established Bed & Breakfast with 5 bedroom suites; Located in the heart of the Finger Lakes wine region
    (607) 542-6606
    We can help!
    Listing Contact
    Warren O. Radke
    Warren O. Radke
    Real Estate License ID: 30RA1056722
    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!