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    OFF-MARKET
    Land

    5 Road A, Swan Lake, NY 12783

    501 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 501 ac (21,823,560 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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