Financial
Distress signals
Property profile

8541 State Route 3 Henderson, NY 13650

FOR SALE
Turn key restaurants
Property ID
US63-1663356
2,620 SF 0.66 ac lot Built 1985
Last sale Aug 2015 · $174,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Colleen's Cherry Tree Inn is a combined diner and ice cream shop property configured for foodservice use, with a total interior size of approximately 2,620 square feet following a 2019 ground-up ice cream shop addition. The main restaurant reflects an authentic diner-style layout with ample seating and features luxury vinyl plank flooring that was redone in 2019. The property includes a fully equipped industrial kitchen designed for high-volume service, with multiple refrigerators and freezers,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$232k
Assessed land$80k
Assessed improvement$152k

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 7.17% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$41 – $141

Cap rate analysis

How does the asset earn?
7.17%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop8.4
Storage Facility8.2
Hair Salon7.5

Location

8541 State Route 3 Henderson, NY 13650
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9290-296 Nys Rte 3rd, Henderson, NY 13650 $215,000 Mar 2025 6,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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