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Property profile

1511/ Hogback Rd Lowman, NY 14861

OFF-MARKET
Land
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42.64 ac lot

Property summary

AI-generated overview

This exceptional 42.64-acre property in Lowman, NY, presents a unique opportunity for recreation and development. A stunning 10+ acre private lake dominates the landscape, surrounded by a picturesque wooded hillside with panoramic views. The land boasts a diverse mix of hardwood and softwood trees, creating a serene and private setting. Multiple potential building sites are nestled amongst the mature timber, offering spectacular views of the lake. Well-maintained trails provide access throughout the property, complementing the existing road frontage on Hogback Rd and Ridge Road. The lake is well-stocked with fish, ideal for fishing and other water activities like kayaking and canoeing. Abundant wildlife, including deer, turkey, and waterfowl, further enhances the property's appeal. This secluded retreat is perfect for a personal residence, recreational getaway, or even a small business venture. Located near Maple Hill State Forest and minutes from the Chemung River, this property offers easy access to outdoor activities. Some utilities are available at the road, with power readily accessible. All oil, gas, mineral, and timber rights convey with the sale. The asking price is $329,900, representing a land value of $7,737 per acre. This is a truly remarkable opportunity to own a piece of Western New York's natural beauty.

Property profile

Verified
Property type Land
Lot 42.64 ac (1,857,398 SF)

Cap rate & NOI

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

Value estimations

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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
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