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    172 Hill Rd Ithaca, NY 14850

    For Sale
    $990,000

    Rare 102-acre parcel with airstrip, hangers, development potential.

    Lot size:
    102.00 Acres

    Property Features for 172 Hill Rd

    General Information

    Lot size
    102.00 Acres

    Source: Griffith Realty Group Agent Jon J. Bagley

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

    Overview

    102 Acre Parcel with Airstrip

    This 102-acre parcel, recently subdivided from a homestead farm, borders the Danby State Forest. The land features rolling hills, views, hardwoods, woods, and tillable acreage. It includes two airport hangers, one built in 2000 (40x60 with 100 amp electric) and the other built in 1990 (40x26), along with a private airstrip. The property has 2100 feet of road frontage, allowing for development or subdivision into building lots. Located in a private and quiet setting, it is a 15-minute drive to downtown Ithaca. The seller is willing to hold a first mortgage with a qualified buyer and a considerable down payment. The seller is also open to remaining on the property as a caretaker. An additional 55-acre parcel with the original house and barns from the farm is also being listed.
    Location Intelligence

    Current Use by Public Records

    Aviation real estate

    Suggested Use

    Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.4590417
    Latitude
    42.3177593

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    FAQs

    What type of property is this?
    Farm - Rare 102-acre parcel with airstrip, hangers, development potential.
    Where is this farm located?
    The property is located at 172 Hill Rd Ithaca, NY.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - 102 Acre Parcel bordering Danby State Forest; - Private Air Strip with Two Airport Hangers (40X60 built in 2000 & 40X26 built in 1990); - 2100 Feet of Road Frontage Suitable for Development/Subdivision
    (585) 943-2022
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    172 Hill Rd Ithaca, NY 14850
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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
    172 Hill Rd Ithaca, NY 14850
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