Technical
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Distress signals
Property profile

State Route 414 Hector, NY 14841

OFF-MARKET
Commercial real estate
4.28 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 4.28 ac (186,437 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

State Route 414 Hector, NY 14841
Hector metro
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Value estimations

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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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