State Route 414, Hector, NY 14841
This exceptional 4.28-acre commercial property in the coveted Banana Belt of Hector, NY, presents a rare opportunity for discerning investors. Boasting 554 feet of road frontage on State Route 414, this highly visible location ensures maximum exposure. The property's picturesque setting includes breathtaking lake views and a captivating gorge and creek running along its southern border, creating a truly unique and desirable environment. Its proximity to a variety of amenities, including restaurants, breweries, live music venues, and camping facilities, adds to its appeal and potential for diverse commercial ventures. The location offers a blend of tranquility and accessibility, situated just 8 miles from Watkins Glen, providing convenient access to a larger regional market. The expansive acreage and prime location offer a multitude of development possibilities, allowing for creative adaptation to suit a range of commercial uses. The combination of natural beauty, high visibility, and convenient location makes this property an exceptional investment opportunity with significant upside potential. The existing infrastructure and readily available utilities further enhance its desirability. This is a chance to capitalize on a stunning setting and vibrant local community.
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.