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    Wooded Land with Pond in Orwell Title is generated by Realmo AI

    1.5 Wart Rd., Orwell, NY 13426

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    Claim this Listing
    For Sale
    $69,995

    Vacant Land - Orwell, NY

    Lot size:
    6.00 Acres
    Added:
    Oct 15, 2025
    Days on Market:
    214
    Last Refresh:
    May 16 at 7:06 pm

    Property Features for 1.5 Wart Rd.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    900
    Parking features
    Garage
    Standard status
    Active
    Lot size
    6.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1614

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Daniel Christmas

    Listing agent Daniel Christmas

    Listing office CHRISTMAS AND ASSOCIATES INC 23 Main Street, Camden, NY

    Listing date Oct 15, 2025

    MLS# 11590953 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.

    HighLights

    • 6‑acre wooded parcel on quiet road near Tug Hill Plateau.
    • Access to power and high‑speed internet for building.
    • Scenic pond attracting birds and wildlife.
    • Close proximity to Chateaugay and Trout Brook State Forests for recreation.
    • Nearby access to Oswego County ATV and snowmobile trails.
    • Near Salmon River Reservoir, Lake Ontario, and Salmon River.

    Overview

    This 6-acre parcel, located on a quiet town road in Orwell, NY, is situated on the western side of the Tug Hill Plateau. The wooded property provides access to power and high-speed internet, offering the potential to build a rural country home or cabin. A hardwood forest surrounds a scenic pond, which provides a habitat for birds and other wildlife. The location is suitable for outdoor activities, with proximity to the Chateaugay and Trout Brook State Forests for year-round recreation. Access to the Oswego County ATV trail system and snowmobile trails is nearby. The Salmon River Reservoir is a few miles away, and Lake Ontario is also nearby for swimming and boating during the summer. The world-famous Salmon River is also close, offering year-round fishing. Pulaski and Altmar are within driving distance for groceries and supplies. The property is zoned 900.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Orwell
    County
    Oswego
    State
    New York
    Longitude
    -76.027365
    Latitude
    43.590017

    Nearby Similar for Sale

    • $69,995

      Wooded Land Near State Forests

      10-acre wooded parcel near forests, Salmon River, and Lake Ontario.
      1.12 Wart Rd., Orwell, NY 13426
      View Details
    • $69,995

      Orwell, NY Vacant Land

      10-acre property near forests, Salmon River, and recreational trails.
      1.2 Wart Rd., Orwell, NY 13426
      View Details

    FAQs

    What type of property is this?
    Land - 6-acre wooded parcel with pond, ideal for recreation or building.
    Where is this land located?
    The property is located at 1.5 Wart Rd. Orwell, NY.
    What is the asking price?
    The asking price for this property is $69,995.
    What are key features of this property?
    This property features: 6‑acre wooded parcel on quiet road near Tug Hill Plateau.; Access to power and high‑speed internet for building.; Scenic pond attracting birds and wildlife.
    (800) 229-7843
    We can help!
    Listing Contact
    Daniel Christmas
    Learn More
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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
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