Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Brookfield Land with Scenic Views Title is generated by Realmo AI

    10233 Lamb Rd, West Edmeston, NY 13485

    View on Map
    Claim this Listing
    For Sale
    $449,000

    73.36 acres with partially built house near state land.

    Type:Land
    Property size:
    2,856 SF
    Lot size:
    73.36 Acres
    Price / SF:
    $157/SF
    Added:
    May 2, 2026
    Days on Market:
    27
    Last Refresh:
    May 26 at 12:46 am

    Property Features for 10233 Lamb Rd

    General Information

    Standard status
    Active
    Size
    2,856 SF
    Lot size
    73.36 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Daniel M. Worden

    Listing agent Daniel M. Worden License #10401201626

    Listing office New York Trophy Properties

    Listing date May 2, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of New York Trophy Properties

    HighLights

    • 73.36 acres of land close to 13,000 acres of State Land
    • Partially completed new house construction with insulated poured concrete foundation and framing
    • Well and septic system already in place near the existing hunting cabin
    • Electric utility power available at the cabin and pole barn, with a circuit breaker panel installed for the new building
    • Excellent hunting opportunities for whitetail deer and turkey due to surrounding farmland
    • Features two open fields, a small stream, and mature mixed hardwood, pine, and hemlock trees, with timber ready for harvest

    Overview

    This property features 73.36 acres of land with scenic views located in Brookfield, Central NY State, near 13,000 acres of State Land. The owner began constructing a new house, completing the insulated poured concrete foundation and framing, but was unable to finish the project. A well and septic system are located near the older hunting cabin. Electric utility power is available at the cabin and pole barn, and a circuit breaker panel box has been installed for the new building. The existing structure requires renovation and finishing. Surrounded by farmland, the property offers opportunities for whitetail deer and turkey hunting. The land includes two open fields and a small stream, suitable for wildlife food plots or agricultural use. The forest consists of mature mixed hardwood, pine, and hemlock trees, with timber potentially ready for harvest. The sale includes two tax parcels. It is located 25 minutes from the Village of Hamilton, home to Colgate University, and 35 minutes south of Utica. The property is identified as agricultural land, farmland, hunting land, and commercial real estate.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    West Edmeston
    County
    Madison
    State
    New York
    Longitude
    -75.32826
    Latitude
    42.767117

    Nearby Similar for Sale

    • $449,000
      2,856 SF

      Scenic Land with Hunting Potential

      73.36 acres with views, hunting, and development potential.
      10233 Lamb Road, West Edmeston, NY 13485
      View Details
    • $1,200,000
      2,052 SF

      154-Acre Fenced Game Preserve Estate

      Unique 154-acre estate with high-fenced game preserve and comfortable home.
      213 Button Road, West Edmeston, NY 13485
      View Details

    FAQs

    What type of property is this?
    Land - 73.36 acres with partially built house near state land.
    Where is this land located?
    The property is located at 10233 Lamb Rd West Edmeston, NY.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 73.36 acres of land close to 13,000 acres of State Land; Partially completed new house construction with insulated poured concrete foundation and framing; Well and septic system already in place near the existing hunting cabin
    (315) 368-3664
    We can help!
    Listing Contact
    Daniel M. Worden
    Real Estate License ID: 10401201626
    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

    Thank You for Inquiry
    10233 Lamb Rd, West Edmeston, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!