Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    163 Armlin Road Middleburgh, NY 12122

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    One-acre wooded lot with well and driveway in Middleburgh, NY.

    Type:Land / Unimproved Land
    Property size:
    43,560 SF
    Lot size:
    1.00 Acre
    Added:
    Nov 15, 2025
    Days on Market:
    155
    Last Refresh:
    Mar 13 at 11:31 am

    Property Features for 163 Armlin Road

    General Information

    Standard status
    Active
    Size
    43,560 SF
    Lot size
    1.00 Acre
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Matthew Loder
    Matthew Loder

    Listing agent Matthew Loder License #10311204132

    Listing office Country Boy Realty

    Listing date Nov 15, 2025

    Source Compass

    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 Country Boy Realty

    Overview

    One-Acre Wooded Lot

    This one-acre wooded lot is located in Middleburgh, NY, offering a setting for recreation and outdoor enjoyment. The property includes a drilled well and an installed driveway. Nearby recreational opportunities include hiking at Vroman's Nose, and close proximity to Gates Hill, Keyserkill, and Armlin Hill State Forests, which offer over 2,200 acres of State Land. Franklinton Vlaie Pond is also nearby, providing fishing opportunities in a 195-acre mix of open water, wetlands, and upland habitats home to several fish species, including largemouth bass. Kayaking opportunities are also close by.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Middleburgh
    County
    Schoharie
    State
    New York
    Longitude
    -74.3279941
    Latitude
    42.5272811

    Nearby Similar for Sale

    • $429,000
      2,516 SF

      Mixed-Use Building with Established Business

      Income-producing mixed-use property with long-term tenants and established wine business.
      107 Railroad Avenue, Middleburgh, NY 12122
      View Details
    • $19,900

      Recreational Land in Middleburgh, NY

      One-acre wooded lot perfect for recreation and outdoor enjoyment.
      163 Armlin Road, Middleburgh, NY 12122
      View Details
    • $55,000

      Middleburgh Land with Development Potential

      16.75 acres of land with development potential in Middleburgh.
      Gorge Road, Middleburgh, NY 12122
      View Details
    • $109,000

      50 Acres Hunting/Recreation Land

      Land with cottage, stream, and hunting potential near Middleburgh, NY.
      915 Mill Valley Road, Middleburgh, NY 12122
      View Details
    • $279,900

      Catskill Mountains Land For Sale

      156+ acre land in the breathtaking Catskill Mountains.
      255 Lassen Road, Middleburgh, NY 12122
      View Details
    • $49,900

      Waterfront Land on Catskill Pond

      Picturesque 1.86-acre waterfront property on the serene Catskill Pond.
      817 State Route 145, Broome, NY 12122
      View Details
    • $269,898
      3,312 SF

      Middleburgh Multifamily Investment Opportunity

      Five-unit multifamily property with strong cash flow near Albany.
      136 Wells Avenue, Middleburgh, NY 12122
      View Details
    • $60,000

      Middleburgh Wooded Land with Forest Border

      10-acre wooded lot bordering Stone Store State Forest.
      123 Wildwood Lane, Middleburgh, NY 12122
      View Details
    • $38,000

      Middleburgh Mountain Top Land Parcel

      3.04 acre mountain top parcel with level home sites.
      1499 Huntersland Road, Middleburgh, NY 12122
      View Details
    • $450,000

      Middleburgh Land with Development Potential

      Two parcels totaling 123.5 acres in Middleburgh, NY.
      0 - L16 MT PATH, Middleburgh, NY 12122
      View Details
    • $119,900
      1 SF

      Commercial Land in Middleburgh

      1.17-acre commercial parcel with road frontage in Middleburgh, NY.
      223 River Street, Middleburgh, NY 12122
      View Details
    • $94,900

      Commercial Lot on State Route

      Vacant commercial lot suitable for retail, office, or small business.
      177 Middlefort Road, Middleburgh, NY 12122
      View Details

    FAQs

    What type of property is this?
    Recreation land - One-acre wooded lot with well and driveway in Middleburgh, NY.
    Where is this recreation land located?
    The property is located at 163 Armlin Road Middleburgh, NY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: One‑acre wooded lot, ideal for recreation and outdoor enjoyment.; Drilled well and installed driveway already in place, ready for development.; Surrounded by the natural beauty of the Schoharie Valley.
    (518) 378-1235
    We can help!
    Listing Contact
    Matthew Loder
    Matthew Loder
    Real Estate License ID: 10311204132
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!