Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1322 State Rt 17B White Lake, NY 12786
    Back to Search
    Property profile & analytics

    1322 State Rt 17B White Lake, NY 12786

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1322 State Rt 17B

    Property type
    Land

    Description

    This exceptional 48-acre property presents a unique investment opportunity in the thriving Sullivan County, New York market. Located at 1322 State Route 17B in White Lake, this expansive land parcel boasts highway commercial district zoning, offering significant flexibility for diverse development projects. The property is conveniently situated just minutes from Monticello and the renowned Bethel Arts Music Center, ensuring high visibility and accessibility. Comprising six individual parcels ranging in size from one to twenty-three acres, this offering provides options for both large-scale developments and smaller, individual projects. Each parcel benefits from frontage on the heavily trafficked New York State Route 17B, maximizing exposure and potential for commercial ventures. The seller is offering attractive financing options, making this an even more compelling proposition for discerning investors. With its strategic location, flexible zoning, and attractive financing terms, this 48-acre tract represents a rare chance to capitalize on the growing demand for commercial and residential development in the beautiful Sullivan County region. The property's address is 1322 State Route 17B, White Lake, NY 12786, and is situated in Sullivan County. Detailed parcel maps and zoning information are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    White Lake
    County
    Sullivan
    State
    New York
    Longitude
    -74.839
    Latitude
    41.6489

    Comparable in this City

    • Value Estimation by Request
      377.00 Acres

      Tbd Mitchell Rd

      Land • 377.00 Acres
      0 Tbd Mitchell Rd, White Lake, NY 12786
      View Details
    • Value Estimation by Request

      10 Waldheim Rd

      Office Spaces
      10 Waldheim Rd, White Lake, NY 12786
      View Details
    • Value Estimation by Request
      1,064 SF

      24 Breezy Pt Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,064 SF
      24 Breezy Pt Rd, White Lake, NY 12786-5925
      View Details
    • Value Estimation by Request
      864 SF

      24 Breezy Pt Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 864 SF
      24 Breezy Pt Rd, White Lake, NY 12786-5925
      View Details
    • Value Estimation by Request
      2,952 SF

      1447 State Rte 17b

      STORE/OFFICE (MIXED USE) • 2,952 SF
      1447 State Rte 17b, White Lake, NY 12786-5499
      View Details
    • Value Estimation by Request
      2,390 SF

      1577 State Rte 17b

      OFFICE/RESIDENTIAL (MIXED USE) • 2,390 SF
      1577 State Rte 17b, White Lake, NY 12786-5430
      View Details

    Similar Nearby for Sale

    • $595,000

      Prime Land Parcel in Kauneonga

      2.58 acres with lake access and high visibility.
      00 Horseshoe Lake Rd, White Lake, NY 12786
      View Details
    • $49,900
      5.23 Acres

      Secluded Land in Bethel, NY

      5+ acre property near Lake Superior, perfect for building.
      Moscoe Rd, Bethel, NY 12786
      View Details
    • Contact for pricing
      16,533 SF

      Net-Leased Restaurant Investment Opportunity

      Single-tenant restaurant with a long-term absolute NNN ground lease.
      1459 State Route 17B, White Lake, NY 12786
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1322 State Rt 17B
    White Lake, NY 12786
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1322 State Rt 17B, White Lake, NY, 12786
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!