Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Shaver Rd Little Falls, NY 13365

    • Land
    • 456.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Shaver Rd

    Lot size
    456.00 lot acres
    Property type
    Land

    Description

    This exceptional 456-acre property in Herkimer County, New York, presents a unique investment opportunity. Located near Little Falls, NY, with a Salisbury address and 13365 zip code, this expansive land parcel is primarily wooded, making it ideal for a hunting club or conservation purposes. The property's significant size offers ample space for various recreational activities and wildlife preservation. Given the ongoing development pressures across New York State, this land offers a strategic acquisition for corporations seeking conservation offsets. This substantial tract is part of an estate sale, and the seller is open to considering reasonable offers. The property's location offers a blend of seclusion and accessibility, situated on Shaver Rd. Its geographical coordinates are 43.06505 latitude and -74.8507131 longitude. The land's predominantly wooded character provides a natural and tranquil setting, perfect for those seeking a private retreat or a significant conservation project. This is a rare opportunity to acquire a large, undeveloped parcel in a desirable location within New York State. Serious inquiries are encouraged. The property is classified as Hunting/Recreational land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Herkimer
    State
    New York
    Longitude
    -74.8507
    Latitude
    43.065

    Comparable in this City

    • Value Estimation by Request

      381-383 Main St

      Land
      381-383 Main St, Little Falls, NY 13365
      View Details
    • Value Estimation by Request
      67.00 Acres

      Dise Rd

      Farms • 67.00 Acres
      0 Dise Rd, Little Falls, NY 13365
      View Details
    • Value Estimation by Request

      Barnes Rd

      Farms
      0 Barnes Rd, Little Falls, NY 13365
      View Details
    • Value Estimation by Request
      4.00 Acres

      3622 State Route 167

      Land • 4,708 SF
      3622 State Route 167, Little Falls, NY 13365
      View Details
    • Value Estimation by Request
      0.01 Acres

      Canal Pl

      VACANT COMMERCIAL LAND • 0.01 Acres
      Canal Pl, Little Falls, NY 13365
      View Details
    • Value Estimation by Request
      0.12 Acres

      Furnace St

      VACANT COMMERCIAL LAND • 0.12 Acres
      Furnace St, Little Falls, NY 13365
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Vacant Land in Little Falls

      Versatile vacant land parcel suitable for development or investment.
      23 Furnace St, Little Falls, NY 13365
      View Details
    • Contact for pricing
      Pending

      Vacant Land in Little Falls

      Versatile vacant land parcel in a desirable Little Falls location.
      15 N 2Nd St, Little Falls, NY 13365
      View Details
    • $499,000
      77.50 Acres

      77.5 Acres of Prime Land

      77.5 acres of land with views of The Mohawk Valley.
      475 Dise Rd, Little Falls, NY 13365
      View Details
    • $35,000

      Commercial Land For Sale

      Commercial land available for sale.
      56 W Main St, Little Falls, NY 13365
      View Details
    • $94,900
      31.60 Acres

      Expansive Vacant Land in Little Falls

      31.9-acre vacant lot offers privacy, beauty, and convenience.
      999 Jerseyfield Rd, Little Falls, NY 13365
      View Details
    • Contact for pricing
      0.50 Acres

      Half-Acre Lot in Little Falls

      Half-acre lot near Little Falls, ideal for building.
      6264 Rt-5, Little Falls, NY 13365
      View Details

    Similar Nearby for Lease

    • $7,083 /Mo
      6,500 SF

      Professional Office Space Available

      6,500 SF office space with amenities for rent.
      410 Canal Pl, Little Falls, NY 13365
      View Details
    • $1,500 /Mo
      1,300 SF

      Downtown Office Space Available Now

      Ready-to-occupy office suite in a walkable downtown environment.
      45 W Main St, Little Falls, NY 13365
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Shaver Rd
    Little Falls, NY 13365
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.