5 Road A, Swan Lake, NY 12783
This exceptional 501-acre property in Sullivan County, New York, presents a unique investment opportunity. Located in Swan Lake, near Bethel Center for the Arts and just 90 minutes from New York City, this land boasts a 385-acre lake and a 21-lot lakefront subdivision approved in 2008. Over 7250 linear feet of roads are already constructed, significantly reducing development costs. The property is zoned RD (Rural Development), allowing for diverse uses including hotels, motels, RV parks, summer camps, bed and breakfasts, and planned unit developments. All 21 lots are situated within a Federally designated Opportunity Zone, offering potential tax advantages. While potential sewer hookup is subject to town approval of a proposed sewer referendum and upgrade, the existing infrastructure significantly de-risks the project. The property is offered fee simple with APN 44.-1-2.2. Detailed financial information is available upon execution of a non-disclosure agreement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.