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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Turn key restaurants
3800 Ball Diamond Rd Hector, NY 14841-9629
Entity Owned
~
Est. High Equity
Property ID
US63-1267867
Property summary
AI-generated overview
Nestled in the heart of the Finger Lakes Wine region, Logan Ridge Estates presents a rare investment opportunity. This expansive 21,000 square foot property sits on 23.51 acres and boasts breathtaking panoramic views of Seneca Lake. Originally constructed as a private residence, the property has most recently thrived as a successful venue for weddings, banquets, and special events, comfortably accommodating up to 250 guests. The property includes a fully equipped commercial kitchen, perfect for catering large-scale events. A substantial deck provides ample outdoor space for guests to enjoy the stunning lake views. Ample parking is available with space for 200 vehicles. The property is serviced by municipal water. The possibilities for this unique property are extensive, ranging from a winery or brewery to an upscale restaurant or a private retreat. Its commanding presence and prime location make it an exceptional investment with significant potential for future growth and development. The property's scale and amenities offer a truly once-in-a-lifetime opportunity for the discerning buyer. This is a turnkey operation ready for immediate use or further development to suit your vision. The property is offered at $2,950,000.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Total area
21,000 SF
Lot
23.51 ac (1,024,096 SF)
Zoning code
01 - NOT ZONED
APN
442689 7.00-4-5
UPID
US63-1267867
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
Current use
Occupant on record · Public records
-
logan ridge estates Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$1.88M
Owner & transaction history
Castle 96 LLC
Castle 96 LLC
since 2025
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
01 - NOT ZONED · Hector, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+27.3%
Commercial (general)
$2.0M
+9.9%
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 Hector submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hector 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,855,000
Current use
OFFICE BUILDING
$2,360,000
Change: +27% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,035,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,635,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±10% · vs last sale $2.00M (May 1 2025)
Last sale anchor
$2.00M
May 1 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$90 / SF
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
Assessed value
$1,517,000
Assessed 2023
Previous assessed
$1,517,000
+0.0% YoY
Assessed land
$168,000
Assessed improvement
$1,349,000
Land market value
$193,103
Improvement market value
$1,550,575
Total market value
$1,743,678
Applied tax rate
442,401.0000
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
Off-Market
Year built
1976
Heating
STEAM
Cooling
CENTRAL
Stories
2
Total area
21,000 SF
Lot
23.51 ac (1,024,096 SF)
Zoning code
01 - NOT ZONED
APN
442689 7.00-4-5
UPID
US63-1267867
Jurisdiction
SCHUYLER
Zoning & alternative use
01 - NOT ZONED · Hector, NY
Zoning 01 - NOT ZONED · permitted uses
01 - NOT ZONED · Hector, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hector. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
STEAM
Cooling
Yes
Stories
2
Lot
23.51 ac
Current owner
From public records · entity-resolved
Castle 96 LLC
Entity
Mailing address
5400 ROCKY TOP DR, ODESSA, NY 14869-9616
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$2,000,000
Castle 96 LLC
Logan Rdg Assoc LLC
Warranty Deed
—
Mar 7, 2013
$300,000
Logan Ridge Assoc LLC
Charles Kendall
Deed
—
Jun 25, 2007
$750,000
Charles D Kendall
Winery Logan Ridge
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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