Property profile

5 Road A Swan Lake, NY 12783

OFF-MARKET
Land
501 ac lot
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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

Location

5 Road A Swan Lake, NY 12783
Swan Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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