Property profile

18835 Shore Rd Three Mile Bay, NY 13693

FOR SALE
Mobile home & RV parks
Property ID
US63-2449702
3,168 SF 92.5 ac lot Built 1982
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This lakeside hospitality compound consists of a bar/restaurant, motel accommodations, and a trailer park/campground component, along with additional outdoor and lodging-related structures. The property is sited on over 95 acres with approximately 400 feet of lakefront and includes shoreline work such as dock installations and water-adjacent improvements. Updates referenced in the property description include new exterior siding and porch-related concrete-covered elements for the restaurant facilities, as well as renovations to a former grange hall structure that was gutted and rebuilt to create two year-round short-term rental units; the compound also includes a large rental house and other outdoor features associated with guest stays. The overall layout supports multiple revenue-generating uses combining food-and-beverage operations with on-site lodging and year-round short-term rentals.

Property profile

Verified
Property type Mobile home & RV parks
Use group CAMPGROUND, RV PARK
Year built 1982
Total area 3,168 SF
Lot 92.5 ac (4,029,300 SF)
APN 224489 70.00-1-17
UPID US63-2449702

Cap rate & NOI

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

Location

18835 Shore Rd Three Mile Bay, NY 13693
Three Mile Bay metro Census 60302 WATERTOWN-FORT DRUM, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$680k

Owner & transaction history

since 2022
Last sale
$975,000
2 recorded transactions
2022
$975,000
2014
$500,000

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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More about this property
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