Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Rt-104 Wolcott, NY 14590
    Back to Search
    Property profile & analytics

    Rt-104 Wolcott, NY 14590

    View on Map
    • Commercial real estate
    • 2,360 SF
    • 40.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Rt-104

    Year built
    2015
    Lot size
    40.00 lot acres
    Property size
    2,360 SF
    Property type
    Commercial real estate

    Description

    This exceptional, high-production turn-key business in Wolcott, NY, combines a thriving apple orchard, a fully operational cidery, and a bustling country farm stand. Located on 40 acres along Route 104, between Rochester and Syracuse, this prime location benefits from the temperate climate near Lake Ontario, ideal for cultivating premium apple varieties. The property encompasses a successful u-pick operation, retail sales, wholesale distribution, and a diverse range of seasonal offerings, including homemade goods like doughnuts, alongside wines, spirits, and cheeses. The existing infrastructure is designed for efficiency and productivity, reflecting the current owners' dedication to streamlining operations. The 2,360 square foot main building houses the core business functions, while the expansive acreage provides ample space for orchard cultivation and potential future expansion. This established business presents a unique opportunity for an entrepreneur seeking a profitable and established venture in the picturesque Upstate New York countryside. The property is offered at $1,275,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wolcott
    County
    Wayne
    State
    New York
    Longitude
    -76.8217
    Latitude
    43.2074

    Comparable in this City

    • Value Estimation by Request
      1.80 Acres

      14065 Keeley Rd

      COMMERCIAL (GENERAL) • 1.80 Acres
      14065 Keeley Rd, Wolcott, NY 14590
      View Details
    • Value Estimation by Request
      1.13 Acres

      12673 Rdg Rd

      COMMERCIAL (GENERAL) • 1.13 Acres
      12673 Rdg Rd, Wolcott, NY 14590
      View Details
    • Value Estimation by Request
      14.50 Acres

      11669 Salter Colvin Rd

      COMMERCIAL (GENERAL) • 14.50 Acres
      11669 Salter Colvin Rd, Wolcott, NY 14590-9376
      View Details
    • Value Estimation by Request
      2,556 SF

      10979 Rdg Rd

      SHOW ROOM, WAREHOUSE • 2,556 SF
      10979 Rdg Rd, Wolcott, NY 14590-9225
      View Details
    • Value Estimation by Request
      14.40 Acres

      7233 Rte 104a

      COMMERCIAL (GENERAL) • 14.40 Acres
      7233 Rte 104a, Wolcott, NY 14590
      View Details
    • Value Estimation by Request
      0.20 Acres

      12110 Oswego St

      COMMERCIAL (GENERAL) • 0.20 Acres
      12110 Oswego St, Wolcott, NY 14590
      View Details

    Similar Nearby for Sale

    • $250,000
      3,312 SF

      Wolcott, NY Commercial Building

      Thriving Business, Turnkey Opportunity
      6014 New Hartford St, Wolcott, NY 14590
      View Details
    • $249,900
      7.26 Acres

      Wolcott Land with Water Frontage

      7+ acres with water frontage, ideal for development.
      Port Bay Rd, Wolcott, NY 14590
      View Details
    • $299,900
      39.86 Acres

      Productive Farmland in Wolcott, NY

      39.86 acres of farmland with tillable acreage and young woodland.
      13108 Ridge Rd, Wolcott, NY 14590
      View Details
    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.
    Rt-104
    Wolcott, NY 14590
    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
    Rt-104, Wolcott, NY, 14590
    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!