4029 Ny-5, Vernon, NY 13476
This exceptional 12-acre property in Vernon, New York, presents a unique investment opportunity. Located on State Route 5, the site boasts a versatile mixed-use configuration, combining a former fitness studio with a residential home. The asking price is $849,000, translating to $149.60 per square foot for the 5,675 square foot total building area. The commercial component, a former fitness studio, features 1.5 bathrooms, a sauna, an office, in-floor heating, and a sizable covered porch overlooking a pond. Its adaptable layout offers significant potential for various commercial ventures. The residential portion comprises a three-bedroom, two-bathroom home, providing comfortable living quarters or potential rental income. A detached garage adds further convenience. The property is zoned C-1, allowing for a range of commercial uses. This expansive parcel offers significant development potential, combining the benefits of a prime commercial location with the tranquility of a spacious residential setting. The property's location on a major state route ensures high visibility and accessibility. This is a rare opportunity to acquire a substantial mixed-use property with significant upside potential in a desirable New York location. The property's size and zoning provide flexibility for a variety of future uses.
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
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.