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Property profile & analytics
OFF-MARKET
Land

5 Hawk Rdg Coreys, NY 12983

6.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.52-acre commercial land parcel presents a unique investment opportunity in the desirable Saranac Lake, New York area. Located in Franklin County, specifically Lot 5 Hawk Ridge, this property boasts a cleared building envelope, simplifying development. Utilities are already in place, with electricity and cable services readily available. The lot is zoned for residential use, offering flexibility for various commercial ventures. Enjoy breathtaking mountain views within a premier subdivision, providing a serene and private setting. The property's convenient location offers easy access to outdoor recreation, with nearby trails connecting to Dewey Mountain Ski trails. Furthermore, it's strategically positioned just five miles from the vibrant downtown Saranac Lake and a short eight-mile drive to the renowned Lake Placid. The assessed parcel number (APN) is 457.51-1-1.100. The asking price is $175,000, translating to approximately $26,840.49 per acre. This represents a compelling value for a property with such desirable features and location. The property's size and amenities make it ideal for a variety of commercial developments, capitalizing on the area's natural beauty and proximity to popular tourist destinations.

Property profile
Verified
Property type Land
Lot 6.52 ac (284,011 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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