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Property profile

34350 State Hwy 10 Walton, NY 13856

OFF-MARKET
Motels
Property ID
US63-3513615
4,250 SF 5 ac lot Built 2004
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 4,250 square foot motel presents a unique investment opportunity in Walton, NY. The Octagon Motel, a well-maintained and profitable establishment, boasts 10 clean, non-smoking guest rooms, an office, a kitchenette, and a convenient laundry room. Its prime location on a 5-acre lot, including some prime farmland, offers stunning views of the surrounding river valley and is conveniently situated near Walton, Hamden, and Delhi, catering to both tourists and business travelers. The motel enjoys consistent year-round bookings, providing a steady income stream. Significant cost savings are realized through the installation of solar panels on the south side of the building, effectively offsetting utility expenses. The property's infrastructure has been meticulously maintained, reflecting a commitment to quality and longevity. The nearby West Branch River provides guests with recreational opportunities such as fishing, swimming, and boating during the warmer months. This turnkey operation is ready for immediate ownership and offers significant potential for expansion. Adjacent properties, including 45 acres of farmland and a 40-acre historic Octagon Farm, are also available for purchase, presenting the possibility of developing a larger, more ambitious hospitality project, such as a boutique hotel.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2004
Total area 4,250 SF
Lot 5 ac (217,800 SF)
Zoning code 01 - NOT ZONED
APN 123400 254.-1-38.12
UPID US63-3513615

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
1 recorded transaction
2025
$566,250

Zoning & alternative use

01 - NOT ZONED · Walton, NY

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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