10767 Hilliker Rd, Delevan, NY 14042
Exceptional investment opportunity: 333 acres of former Christmas tree farmland in Delevan, New York. This expansive property boasts four existing buildings, including a substantial 4,000 sq. ft. barn previously used for tree farm operations. Two of the four residences are currently or recently occupied and in good condition, presenting immediate income potential or comfortable living spaces. The former farmhouse, while needing renovation, offers significant potential for a stunning residence. The land itself, once home to a diverse array of exotic tree species, presents a commercial opportunity for rehabilitation and continued use as a Christmas tree farm. This would require significant investment in pruning, fertilization, spraying, and harvest management. The property's abundant water features add to its unique character and appeal. The property's APN is 048489-011-004-0001-003-000-0000 and is located at 10767 Hilliker Rd, Delevan, NY 14042. Asking price is $1,395,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.