708-720 Parksville Rd, Parksville, NY 12768
This exceptional commercial property, located at 708-720 Parksville Road in Parksville, New York (zip code 12768), presents a unique investment opportunity. The property encompasses a substantial 8.65 acres of land zoned for commercial use, currently housing an established restaurant known as the I-86 Diner and House. The asking price is $799,000. The property's prime location offers high visibility and accessibility, making it ideal for continued operation of the existing restaurant or for redevelopment into other commercial ventures. The property's substantial size allows for significant expansion or the addition of complementary businesses. Real estate taxes are substantial, with school taxes amounting to $14,903.76 and town taxes at $10,565.40. This represents a rare chance to acquire a well-established business with significant land holdings in a thriving commercial zone within Sullivan County, New York. The property's versatility and location make it an attractive proposition for both seasoned investors and entrepreneurs seeking a foothold in a busy commercial area. The existing restaurant infrastructure provides a solid foundation for immediate revenue generation, while the ample land offers considerable potential for future growth and development. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.