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    White Sulphur Springs Land Opportunity Title is generated by Realmo AI

    153 Shore Road, White Sulphur Springs, NY 12787

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    Claim this Listing
    New
    For Sale
    $349,900

    LAND - White Sulphur Spring, NY

    Property size:
    1,200 SF
    Lot size:
    27.18 Acres
    Price / SF:
    $291/SF
    Added:
    May 7, 2026
    Days on Market:
    2
    Last Refresh:
    May 8 at 11:06 pm

    Property Features for 153 Shore Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AC
    Standard status
    Active
    APN
    3689-039-0-0001-004-002
    Size
    1,200 SF
    Lot size
    27.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3516

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Carol Malek

    Listing agent Carol Malek License #31MA1121533

    Listing office Malek Properties 10 Waldheim Rd, White Lake, NY

    Listing date May 7, 2026

    MLS# 996540 Listing URL

    Copyright © 2026 OneKey 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

    • 27+ acre property with subdivision potential (subject to town approval).
    • 1200+\/- sq ft workshop with three‑phase electric.
    • Includes woodworking tools, picture frame manufacturing equipment, and wood molding inventory.
    • Possible homesite on 7+\/- acres where a mobile home was previously located.
    • 20+\/- acres suitable for building, recreation, hunting, or hiking.
    • Conveniently located near White Sulphur Springs, Liberty, Rt 17, Bethel Woods, and area lakes.

    Overview

    This property in White Sulphur Springs presents a unique opportunity with over 27 acres of land. A 1200+/- square foot workshop, previously utilized for woodworking manufacturing, is situated on the premises. The workshop is equipped with three-phase electric power. The property includes tools used for woodworking and picture frame manufacturing, along with an inventory of wood molding. The heating system is an oil/kerosene forced warm air system. A shallow well and small septic system are in place for convenience. The land is divided on two sides of the road, potentially allowing for subdivision, subject to town approval. The 7+/- acres containing the building previously accommodated a mobile home, offering a potential homesite. The additional 20+/- acres across the road are suitable for building a home or for recreational activities such as hunting and hiking. The property is located near the business district of White Sulphur Springs, the Village of Liberty, and Route 17 access. It also offers accessibility to Bethel Woods Center for the Arts and area lakes, providing convenient access to the Western Sullivan County Catskills.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Auto Repair Shop Food Market Accounting Firm Bar & Pub Car Rental Facility (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    White Sulphur Springs
    County
    Sullivan
    State
    New York
    Longitude
    -74.8282
    Latitude
    41.7894

    FAQs

    What type of property is this?
    Manufacturing property - 27+ acres with workshop near White Sulphur Springs.
    Where is this manufacturing property located?
    The property is located at 153 Shore Road White Sulphur Springs, NY.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: 27+ acre property with subdivision potential (subject to town approval).; 1200+\/- sq ft workshop with **three‑phase electric**.; Includes woodworking tools, picture frame manufacturing equipment, and wood molding inventory.
    (845) 798-2300
    We can help!
    Listing Contact
    Carol Malek
    Real Estate License ID: 31MA1121533
    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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