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Property profile & analytics
OFF-MARKET
Warehouses

0 State Route 414 Burdett, NY 14818

112 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 112-acre estate in Burdett, New York, offers a unique blend of commercial and residential opportunities. Situated on the prestigious Seneca Lake Wine Trail, this Class A property boasts breathtaking lake views and multiple income-generating components. Six buildings are included, featuring two Airbnbs (one with 7 bedrooms, 3.5 baths, and another with 6 bedrooms, 2.5 baths), a charming treetop cottage, and a 4,500 square-foot art gallery showcasing local and regional art, complete with a café/tasting room and ample parking. Additional structures include a bank barn suitable for equestrian use or events, equipment sheds, and a 6,500 square-foot warehouse, previously a grape juice plant, ideal for various commercial ventures. The expansive property includes 57 acres of agricultural land, 30 acres of wooded areas, and a bass-stocked pond. Modern amenities include city water, septic, and high-speed fiber internet. Conveniently located near Ithaca, Corning, and Watkins Glen, this property presents an unparalleled investment opportunity with significant potential for growth and diverse income streams. The property is zoned for Airbnbs, an art gallery, a tree cottage, and equestrian activities. The location offers a microclimate that moderates seasonal temperatures. This owner-user investment is situated on a coveted 4-mile stretch of Seneca Lake, surrounded by wineries, breweries, distilleries, restaurants, and marinas. The property also includes two parking lots for the art gallery and additional event parking for over 200 vehicles.

Property profile
Verified
Property type Warehouses
Lot 112 ac (4,878,720 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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