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    OFF-MARKET
    Land

    4147 Creek Rd, Chaffee, NY 14030

    1217 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,217-acre property in Chaffee, NY, presents a unique redevelopment opportunity. Formerly the Bluemont Ski Resort, this expansive land boasts beautiful grounds, scenic vistas, and multiple lakes. Located in Northeastern Cattaraugus County, it's conveniently situated thirty miles from the desirable destination of Ellicottville, NY, approximately forty miles south of Buffalo, NY, and close to Northwestern Pennsylvania and Eastern Ohio. The property is zoned MPD (Master Planned District) and features existing utilities. Significant timber resources are available, and mineral rights may be included in the sale. A comprehensive resort redevelopment plan is available for serious buyers. The site is highly visible from Route 39 in Yorkshire, NY, and benefits from a very supportive Industrial Development Agency. This presents a rare chance to acquire a large-scale property with immense potential for various development projects, including a resort conversion. The asking price is $5,950,000.

    Property profile
    Verified
    Property type Land
    Lot 1217 ac (53,012,520 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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