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Property profile & analytics
FOR SALE
Turn key restaurants
29735 State Highway 10, Walton, NY 13856
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0709306
For Sale
1 / 32
$325,000
29735 State Highway 10, Walton, NY 13856
View Listing →
Property summary
AI-generated overview
This exceptional commercial property, located at 29735 State Highway 10 in Walton, NY, presents a unique investment opportunity. The 2,616 square foot building sits on a 1.22-acre lot, enjoying high visibility on a busy thoroughfare. Its prime location offers easy access to SUNY Delhi, just 20 minutes away, providing a substantial potential customer base. The property includes an established restaurant, recently renovated, which is available for sale separately at $100,000 or as part of a package deal with the building. The sale price for the entire property, including the restaurant and building, is $400,000. Flexible terms are available
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Total area
2,616 SF
Lot
1.22 ac (53,143 SF)
APN
125689 274.-2-43.12
UPID
US63-0709306
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gordo Mikes Bbq LLC · 2 yrs held
Gordo Mikes Bbq LLC
since 2023
Last sale
$170,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Walton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$1,904
Tax year 2020
Assessed value
$80,000
Assessed 2023
Previous assessed
$80,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$19,300
Assessed improvement
$60,700
Land market value
$25,066
Improvement market value
$78,834
Total market value
$103,900
Applied tax rate
125,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1950
Heating
NONE
Buildings
1
Stories
1
Total area
2,616 SF
Lot
1.22 ac (53,143 SF)
APN
125689 274.-2-43.12
UPID
US63-0709306
Jurisdiction
DELAWARE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Buildings
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Gordo Mikes Bbq LLC
Entity
Mailing address
29735 STATE HWY 10, WALTON, NY 13856-2182
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2023
$170,000
Gordo Mikes Bbq LLC
Matthew Hoffmeister
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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