Technical
Financial
Distress signals
Property profile

Lake St Hector, NY 14841

OFF-MARKET
Commercial real estate
11.4 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 11.4-acre commercial property in Hector, NY, presents a unique investment opportunity. Located just off the Seneca Lake Wine Trail and minutes from Watkins Glen, this land offers unparalleled potential for a variety of uses. Previously a vineyard, the property boasts premium Howard gravel soil, making it ideal for viticulture or other agricultural pursuits. Imagine establishing your own winery, building a dream home with stunning views, or developing a commercial venture. The 690 feet of road frontage and readily available utilities simplify development, minimizing upfront costs and streamlining the process. The property's natural beauty is further enhanced by a serene gorge at the rear, providing a secluded and picturesque backdrop. This versatile land parcel is perfect for those seeking a prime location with exceptional access and breathtaking views. The asking price is $329,000. Don't miss this chance to acquire a piece of the Finger Lakes region's vibrant landscape. The property's strategic location and unique features make it an exceptional investment opportunity with significant long-term potential. Its proximity to popular tourist destinations and its inherent natural beauty combine to create a truly remarkable property. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Lot 11.4 ac (496,584 SF)

Cap rate & NOI

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

Location

Lake St Hector, NY 14841
Hector metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Lake St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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