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    Expansive Land in Perth, NY Title is generated by Realmo AI

    L5 County Highway 126, Perth, NY 12010

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    Claim this Listing
    Pending
    $225,000

    LAND - Perth, NY

    Lot size:
    61.94 Acres
    Added:
    Mar 30, 2026
    Days on Market:
    50
    Last Refresh:
    May 18 at 5:06 pm

    Property Features for L5 County Highway 126

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    173600 179.-3-5
    Lot size
    61.94 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2793

    We can help!

    Listing Contact
    Aubrey D Guri
    Aubrey D Guri

    Listing agent Aubrey D Guri License #10301218169

    Listing office Howard Hanna Capital Inc 505 Broadway, Clifton Park, NY

    Listing date Mar 30, 2026

    MLS# 202614122 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

    • Expansive 60+ acre property with development potential.
    • Two side‑by‑side buildable lots offer flexibility for building.
    • Mix of open space and wooded areas provides versatility, privacy, and views.
    • Scenic walking trail suitable for various recreational activities.
    • Conveniently located near Great Sacandaga Lake and Galway Lake.
    • Located in the municipality of Perth and Broadalbin‑Perth School District.

    Overview

    Located in Perth, NY, this expansive property features over 60 acres across three parcels, offering a mix of open space and wooded areas. The land provides versatility, privacy, and views, presenting opportunities for creating a private retreat or a family compound. A scenic walking trail winds through the landscape, suitable for activities such as 4-wheeling, snowmobiling, cross-country skiing, and wildlife observation. The property is located 15 minutes from the Great Sacandaga Lake and 10 minutes from Galway Lake. The land is within the Broadalbin-Perth school district. The 61.94 acres provides recreational and development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Parts Store Kitchen & Bath Showroom Bar & Pub Garden Center Electrical Service Plumbing Service Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Perth
    County
    Montgomery
    State
    New York
    Longitude
    -74.151541
    Latitude
    43.000252

    Nearby Similar for Sale

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      Perth Land with Mountain Views

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    • $225,000

      Expansive Land Offering in Perth

      60+ acres with buildable lots, recreational trails, and development potential.
      L5 County Highway 126, Perth, NY 12010
      View Details
    • $99,000

      1.2 Acre Lot For Sale

      1.2 acre lot with 200 feet of road frontage.
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    FAQs

    What type of property is this?
    Land - 60+ acre property with recreational and development potential.
    Where is this land located?
    The property is located at L5 County Highway 126 Perth, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Expansive 60+ acre property with development potential.; Two side‑by‑side buildable lots offer flexibility for building.; Mix of open space and wooded areas provides versatility, privacy, and views.
    (518) 583-1212
    We can help!
    Listing Contact
    Aubrey D Guri
    Aubrey D Guri
    Real Estate License ID: 10301218169
    Learn More
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    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
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