Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land with Stream Frontage Title is generated by Realmo AI

    L25 Parker Road, New Berlin, NY 13411

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - New Berlin, NY

    Lot size:
    2.79 Acres
    Added:
    Aug 5, 2025
    Days on Market:
    283
    Last Refresh:
    May 14 at 3:06 pm

    Property Features for L25 Parker Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Rural
    Standard status
    Active
    APN
    83803 155-1-25
    Lot size
    2.79 Acres

    Taxes and HOA fees

    Tax Annual Amount
    214

    Utilities

    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    George T Tomaselli

    Listing agent George T Tomaselli License #30TO0245901

    Listing office Howard Hanna Capital Inc 480 Balltown Road, Clifton Park, NY

    Listing date Aug 5, 2025

    MLS# 202523303 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 800sf of stream frontage on Wharton Creek.
    • Suitable for residential home or recreational building.
    • Level land with existing foundation.
    • Well on property.
    • Creek is a tributary of the Unadilla River.
    • Two chimneys remain on the property.

    Overview

    This 2.79-acre land parcel in New Berlin, NY, features 800 square feet of stream frontage on the Wharton Creek, a tributary of the Unadilla River. The land is level and was previously the site of a building, as evidenced by an old foundation, well, and two chimneys that remain on the property. The site is suitable for a residential home or recreational building. There is an easement for a concrete railroad abutment. The land is zoned as Rural.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Store & Service Florist Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    New Berlin
    County
    Chenango
    State
    New York
    Longitude
    -75.301505
    Latitude
    42.637406

    Nearby Similar for Sale

    • $84,900

      Land with Pond and Views

      Affordable 15-acre land with diverse habitat and potential uses.
      0WP Pat Farley Rd, New Berlin, NY 13843
      View Details
    • $27,900
      924 SF

      Affordable Building Lot in New Berlin

      Building lot with well, electric, and driveway in place.
      1207 County Highway 13, New Berlin, NY 13411
      View Details
    • $35,000

      New Berlin Land with Utilities

      4+ acre lot with well, electric, and septic.
      County Highway 13, New Berlin, NY 13411
      View Details
    • $25,000

      Buildable Land with Mature Forest

      Private, buildable land with mature forest and practical features.
      Spurr Street lot: 36, New Berlin, NY 13411
      View Details
    • $19,995

      2.5 Acres Vacant Land, New Berlin

      2.5-acre Chenango County property ideal for camp or getaway.
      1.1 County Road 29, New Berlin, NY 13411
      View Details
    • $80,000

      29 Acres of Building Land

      29 acres of land with mature forest and road frontage.
      Hemlock Road, New Berlin, NY 13411
      View Details
    • $69,995

      Chenango County Vacant Land Opportunity

      10+ acres near recreation, ideal for building or hobby farm.
      1.3 County Road 29, New Berlin, NY 13411
      View Details
    • $69,995

      New Berlin Vacant Recreational Land

      12.43 acres of recreational land near state forest.
      1.4 County Road 29, New Berlin, NY 13411
      View Details
    • $75,995

      Scenic 14-Acre Vacant Land

      14 acres in Chenango County, ideal for building or recreation.
      1.2 County Road 29, New Berlin, NY 13411
      View Details
    • $75,995

      12 Acres in New Berlin

      Land with meadows, forest, recreation, and building potential.
      1.5 County Road 29, New Berlin, NY 13411
      View Details
    • $58,000
      664,290 SF

      Chenango County Acreage with Creek

      Picturesque 15+ acre property with creek, shed, and trailer.
      236 Spurr Street, New Berlin, NY 13411
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.79 acres with stream frontage, ideal for residential use.
    Where is this residential land & home lot located?
    The property is located at L25 Parker Road New Berlin, 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: 800sf of stream frontage on Wharton Creek.; Suitable for residential home or recreational building.; Level land with existing foundation.
    (518) 356-2779
    We can help!
    Listing Contact
    George T Tomaselli
    Real Estate License ID: 30TO0245901
    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
    L25 Parker Road, New Berlin, NY 13411
    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!