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    4591 Us-20 Richfield Springs, NY

    For Sale
    $549,000

    Land with flexible development options in Richfield Springs, NY.

    Lot size:
    62.50 Acres

    Property Features for 4591 Us-20

    General Information

    Lot size
    62.50 Acres

    Source: Vanguard-Fine, LLC Agent Kenneth Brownell

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

    Overview

    Land in Richfield Springs Area

    This land, located in the Richfield Springs area, presents flexible development options. It is suitable for land investors and offers possibilities for creative land use. The property has undergone a recent price reduction.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Skin Care Clinic Electrical Service Bed & Breakfast Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Richfield Springs
    County
    Otsego
    State
    New York
    Longitude
    -74.9209865
    Latitude
    42.8472949

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    FAQs

    What type of property is this?
    Land - Land with flexible development options in Richfield Springs, NY.
    Where is this land located?
    The property is located at 4591 Us-20 Richfield Springs, NY.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - Prime location in the Richfield Springs area; - Flexible development options; - Endless possibilities for creative land use
    (518) 424-5094
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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
    4591 Us-20 Richfield Springs, NY
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