Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    One Acre Building Lot Title is generated by Realmo AI

    36 Grove Street, Adams, NY 13605

    View on Map
    Claim this Listing
    Pending
    $35,000

    LAND - Adams, NY

    Lot size:
    1.00 Acre
    Added:
    Aug 30, 2025
    Days on Market:
    264
    Last Refresh:
    May 20 at 10:06 am

    Property Features for 36 Grove Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Pending
    APN
    222001-112-044-0001-027-000
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Lory L Cobb

    Listing agent Lory L Cobb License #40CO0876259

    Listing office Berkshire Hathaway HomeServices CNY Realty Watn 10412 US Route 11, Suite 1, Liverpool, NY

    Listing date Aug 30, 2025

    MLS# S1634620 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • One‑acre cleared lot ready for building.
    • Located in the desirable South Jefferson School District.
    • Public water and sewer available.
    • Convenient driveway access.
    • Offers endless possibilities for customization.
    • Desirable location.

    Overview

    This 1-acre cleared lot presents an opportunity for residential construction. Located within the South Jefferson School District, the property offers access to public water and sewer services. The site is located in Adams, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Adams
    County
    Chenango
    State
    New York
    Longitude
    -76.027877
    Latitude
    43.804328

    Nearby Similar for Sale

    • $469,900
      5,468 SF

      Adams Commercial Space on 1.55 Acres

      5500+ SF medical/office space on 1.55 acres in Adams, NY.
      10693 US Route 11, Adams, NY 13605
      View Details
    • $119,900
      400 SF

      Turnkey Lakeside Mobile Cottage Retreat

      Fully furnished 1-bedroom cottage with lake views and resort amenities.
      11609 State Route 3, Adams, NY 13605
      View Details
    • $25,000
      1,968 SF

      Lakeside Retreat in RV Resort

      Charming 1-bedroom mobile cottage in a peaceful RV resort.
      11609 State Route 3, Adams, NY 13605
      View Details
    • $15,000

      Vacant Lot in Adams Village

      Vacant 0.29 acre lot in the Village of Adams.
      Grange Avenue, Adams, NY 13605
      View Details
    • $149,000
      400 SF

      Lakeside Mobile Cottage on Henderson Bay

      Turnkey, furnished 1-bedroom mobile cottage with lake access.
      11609 State Route 3, Adams, NY 13605
      View Details
    • $69,900
      400 SF

      Turnkey Lakeside Mobile Home Retreat

      Furnished 1-bedroom mobile home on Henderson Bay, Lake Ontario.
      11609 State Route 3, Adams, NY 13605
      View Details
    • $469,900
      5,500 SF

      Versatile Commercial Space on US Route 11

      Over 5500SF commercial space on 1.55 acres in Adams, NY.
      10693 Us Route 11, Adams, NY, 13605-2113
      View Details
    • $38,000

      Residential Lot on Golf Course

      Residential building lot with utilities available in Adams, NY.
      N Adams, Adams, NY 13605
      View Details
    • $27,000

      Residential Land in Adams, NY

      Level lot with municipal utilities, near golf, school, and shopping.
      N Adams, Adams, NY 13605
      View Details
    • $27,000

      Level Lot in Adams, NY

      Residential lot with municipal utilities, near amenities and golf course.
      N Adams, Adams, NY 13605
      View Details
    • $31,500

      Level Lot in Adams, NY

      Residential land with municipal water and sewer access in Adams.
      N Adams, Adams, NY 13605
      View Details
    • $31,500

      Level Lot in Adams, NY

      Residential land with municipal water and sewer access in Adams.
      N Adams, Adams, NY 13605
      View Details

    FAQs

    What type of property is this?
    Land - Cleared 1-acre lot in South Jefferson School District.
    Where is this land located?
    The property is located at 36 Grove Street Adams, NY.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: One‑acre cleared lot ready for building.; Located in the desirable South Jefferson School District.; Public water and sewer available.
    (315) 778-1233
    We can help!
    Listing Contact
    Lory L Cobb
    Real Estate License ID: 40CO0876259
    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

    Thank You for Inquiry
    36 Grove Street, Adams, NY 13605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!