Property profile

960/968 Parksville Rd Parksville, NY 12758

OFF-MARKET
Specialty properties
6,000 SF 2.42 ac lot Built 1990
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This unique 6,000 square foot property, situated on 2.42 acres in Livingston Manor, NY (Sullivan County, zip code 12758), presents a compelling redevelopment opportunity. Currently vacant, this distressed asset includes a 23-room motel and a classic diner, both built in 1990 and situated on 960/968 Parksville Rd. The property boasts a recently upgraded septic system and is zoned C, allowing for various commercial uses. Its prime location offers access to the Little Beaver Kill Stream, a renowned fly-fishing destination, and proximity to the East Branch of the Delaware River. The existing infrastructure, including sewer and water upgrades, supports expansion potential, with plans including at least ten additional two-bedroom cabins. The asking price is $1,195,000, with seller financing available: 30% down, 70% interest-only at 6% for up to five years, with no fees or prepayment penalties. This property is ideal for an RV resort with amenities, capitalizing on its location and existing structures. The diner's established presence provides a strong foundation for additional revenue streams. The property's APN is 483689 5.-1-18.2. This is a redevelopment project with significant upside potential.

Property profile

Verified
Property type Specialty properties
Year built 1990
Total area 6,000 SF
Lot 2.42 ac (105,415 SF)

Cap rate & NOI

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

Location

960/968 Parksville Rd Parksville, NY 12758
Parksville 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 960/968 Parksville Rd?
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