Mountain-View Commercial
For Sale
$995,000
5192 NY-86, Wilmington, NY 12997
COMMERCIAL - Wilmington, NY
Property Size4,500 SF
Lot Size85.40 Acres
Price / SF$221.11
Days on Market102
Property Features for 5192 NY-86
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Lake Placid
Middle school district
Lake Placid
High school district
Lake Placid
Subdivision
Jay, Wilmington
Standard status
Active
APN
26.3-1-79.000 & 26.3-1-78.000
Size
4,500 SF
Lot size
85.40 Acres
Taxes and HOA fees
Tax Annual Amount
10567
Utilities
Utilities
Water Available
Water source
Public
Building Details
Year built
1923
Listing Agency:
Merrill L. Thomas, Inc.
(518) 523-2519
Listed By:
Whit Bissell · License #10401249544
(518) 524-4079
Added: Apr 29
Changed: Aug 4
Last Checked: Aug 8 at 9:06PM
MLS# 207062
Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 5192 NY-86 in Wilmington, this commercial land property encompasses 85.4 acres across two parcels. The site includes a caretaker’s home, owner’s residence, former motel improvements, and four cottages, with the existing structures described as being in disrepair and ready for removal. Total property size is listed at 4,500 square feet, with a 1923 year built designation.
The property rises toward the mountainside and includes streams, views of Whiteface Mountain, and access to the West Branch of the Ausable River. It is approximately a half-mile from the entrance to Whiteface Mountain and is within the Lake Placid School District. Public water is available, and the property is identified with 1.3-acre APA zoning. A 78.5-acre parcel also offered for sale borders the property.
The property rises toward the mountainside and includes streams, views of Whiteface Mountain, and access to the West Branch of the Ausable River. It is approximately a half-mile from the entrance to Whiteface Mountain and is within the Lake Placid School District. Public water is available, and the property is identified with 1.3-acre APA zoning. A 78.5-acre parcel also offered for sale borders the property.
Key Highlights
- 85.4 acres across two parcels in Wilmington, NY
- Approximately a half‑mile from the entrance to Whiteface Mountain
- Access to the West Branch of the Ausable River and multiple streams
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 12997, NY
1,139
Population
818
Households
1.4
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
65.2 sq mi
ZIP Area
17
Density / Sq Mi
$80,568
Median Household Income
$53,189
Median Earnings
$1,095
Median Rent
$272,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Public water access and existing structures slated for removal distinguish this expansive property.
Where is this commercial land located?
The property is located at 5192 NY-86 Wilmington, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 85.4 acres across two parcels in Wilmington, NY; Approximately a half‑mile from the entrance to Whiteface Mountain; Access to the West Branch of the Ausable River and multiple streams
