Financial
Distress signals
Property profile

302 Barringer Rd Ilion, NY 13357

FOR SALE
Turn key restaurants
Property ID
US63-2718236
8,910 SF 1 ac lot Built 1930
Last sale Jun 2020
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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302 Barringer Rd, Ilion, NY 13357 For Sale
$1,500,000 8,910 SF
302 Barringer Rd, Ilion, NY 13357
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Property summary

AI-generated overview

An approximately 8,910-square-foot restaurant property is configured as a combined pizzeria, sports bar tavern, and banquet event center. Interior spaces are laid out for dining, event celebrations, and bar service, and the venue is designed to accommodate up to 200 guests. The building includes three bathrooms and a covered outdoor area. The property is situated on a generous lot with ample on-site parking and is located near Ilion Park, Central Valley Academy, and nearby everyday

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2020

What does the county charge?
$5k
Tax billed · 2020
Assessed value$165k
Assessed land$13k
Assessed improvement$151k
Effective rate2.83%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$160k
Vacancy & credit loss−$7k
Operating expenses−$38k
NOI · 7.68% cap applied$115k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.68%
$115k 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?
R1
JurisdictionHERKIMER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency12.0
Restaurant9.4
Spa & Massage9.5

Location

302 Barringer Rd Ilion, NY 13357
County assessor Recorded deeds · 2 transfers 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

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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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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