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    123 Victory Hwy Painted Post, NY 14870

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    For Sale
    $795,000

    Land with infrastructure, suitable for hotel development.

    Lot size:
    3.32 Acres

    Property Features for 123 Victory Hwy

    General Information

    Lot size
    3.32 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Corning \ Elmira Agent Michael Manzari, SIOR, CCIM

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

    Overview

    Commercial Land Ready For Development

    This commercial land parcel benefits from a common access drive extending into the entire site, along with existing infrastructure. The current owner has completed significant due diligence work, including Phase 1 and 2 archeological studies, surveying, and elevation assessments. The location is particularly well-suited for hotel development. A restriction applies, preventing any use that would compete with Dunkin Donuts.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Painted Post
    County
    Steuben
    State
    New York
    Longitude
    -77.107265
    Latitude
    42.170632

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    FAQs

    What type of property is this?
    Land - Land with infrastructure, suitable for hotel development.
    Where is this land located?
    The property is located at 123 Victory Hwy Painted Post, NY.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Perfect location for hotel.; - Common access drive into entire site with infrastructure extended.; - Most due diligence work completed (Phase 1 & 2 archeological study, surveying, elevations).
    (607) 738-8458
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    123 Victory Hwy Painted Post, NY 14870
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    Realmo Value Estimation

    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.

    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.

    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
    123 Victory Hwy Painted Post, NY 14870
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