Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land in Bath Title is generated by Realmo AI

    382 W Morris St, Bath, NY

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

    Shovel-ready 1.97-acre commercial land near Interstate 86.

    Type:LAND
    Lot size:
    1.97 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    172
    Last Refresh:
    Apr 5 at 11:22 pm

    Property Features for 382 W Morris St

    General Information

    Standard status
    Active
    Lot size
    1.97 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Michael Conroy
    Michael Conroy

    Listing agent Michael Conroy License #10301218830

    Listing office EXP Commercial

    Listing date Nov 25, 2025

    Source Moodyscre

    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 EXP Commercial

    HighLights

    • Prime commercial location right off Interstate 86 in Bath, NY.
    • Shovel‑ready pad site with building already removed.
    • Generous 1.97‑acre lot size with GC (General Commercial) zoning.
    • Utilities available on‑site, saving time and money.
    • High traffic location with steady local and Interstate 86 traffic.
    • Surrounded by national retailers and hotels.

    Overview

    The property at 384 W Morris Street is a commercial property located in Bath, Steuben County, New York. The site is positioned off Interstate 86. The property, formerly a Ponderosa Restaurant, offers an opportunity for investors and businesses. The lot size is 1.97 acres with a zoning designation of GC (General Commercial). The building has been removed, creating a shovel-ready pad site. Utilities are available on-site. The location experiences local traffic and benefits from car and truck traffic. The site is surrounded by national retailers and hotels.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bath
    County
    Steuben
    State
    New York
    Longitude
    -77.3355
    Latitude
    42.3416

    Nearby Similar for Sale

    • $125,000
      45,607 SF

      One-Acre Lot Ready for Development

      One-acre lot with road frontage and development potential.
      6775 State Route 415, Bath, NY 14810
      View Details
    • $367,000

      Multi-Unit Investment Opportunity in Bath

      Income property featuring apartments, mobile home lots, and garage bays.
      7310-7317 Spaulding Drive, Bath, NY 14810
      View Details
    • $710,000
      6,700 SF

      Freestanding Storefront Property For Sale

      Freestanding Sherwin-Williams store with recent lease extension.
      121 Liberty St., Bath, NY 14810
      View Details
    • $129,900

      Land with Utilities in Bath

      23.72 acres with well, septic, and electric.
      7101 Boot Jack Road, Bath, NY 14810
      View Details
    • $125,000

      Versatile Duplex with Income Potential

      Spacious duplex with flexible living and investment options.
      203 E William St, Bath, NY 14810
      View Details
    • $37,500

      Wooded Land with Owner Financing

      Sprawling wooded parcel with extensive frontage and owner financing.
      L7 Harrison Road, Bath, NY 14810
      View Details
    • $25,000

      Land with Established Gazebo

      6.85 acres of level land with potential.
      7869 State Route 53, Bath, NY 14810
      View Details
    • $85,000

      Paved Lot on High-Traffic Road

      0.88-acre paved lot suitable for commercial development.
      7240 State Route 415, Bath, NY 14810
      View Details
    • $425,000
      11,798 SF

      Retail Space in Central Business District

      One-story building in Bath's CBD with flexible zoning.
      36 Liberty St, Bath, NY 14810
      View Details
    • $650,000

      Bath, NY Commercial Land

      Prime commercial land in Bath, NY, ready for development.
      384 W Morris St, Bath, NY 14810
      View Details

    FAQs

    What type of property is this?
    Commercial land - Shovel-ready 1.97-acre commercial land near Interstate 86.
    Where is this commercial land located?
    The property is located at 382 W Morris St Bath, NY.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime commercial location right off Interstate 86 in Bath, NY.; Shovel‑ready pad site with building already removed.; Generous 1.97‑acre lot size with GC (General Commercial) zoning.
    (585) 802-3327 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Conroy
    Michael Conroy
    Real Estate License ID: 10301218830
    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
    382 W Morris St, Bath, NY
    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!