Property profile

145 Miller Rd Callicoon, NY 12723

OFF-MARKET
Land
110.5 ac lot
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Property summary

AI-generated overview

This exceptional 110.5-acre property in the Catskill Mountains presents a unique investment opportunity. Located at 145 Miller Rd, Callicoon, NY 12723, in Sullivan County, this expansive land offers the potential for a thriving horse farm, equestrian center, or subdivision development. The property, identified as Sullivan Tax Map # 6-1-61.3, is offered at an asking price of $2,195,000. While the price per acre is not specified, the fee simple ownership provides complete control and potential for significant return. The existing infrastructure lends itself to equestrian uses, suggesting possibilities for riding trails and stabling. The seller is offering attractive financing terms: 30% down payment with a 70% balance financed at 6% interest-only for up to five years. There are no fees or prepayment penalties associated with this financing option. This remarkable property boasts breathtaking views and presents a rare chance to own a substantial piece of the Catskill landscape with significant development potential. The property's location in the Town of Delaware provides access to the natural beauty and recreational opportunities of the region. This is an ideal opportunity for an experienced equestrian or developer seeking a large-scale project in a desirable location.

Property profile

Verified
Property type Land
Lot 110.5 ac (4,813,380 SF)

Cap rate & NOI

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

Location

145 Miller Rd Callicoon, NY 12723
Callicoon metro
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Value estimations

Realmo proprietary · 4 methods
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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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