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Property profile

43641 State Route 12 Alexandria Bay, NY 13607

FOR SALE
Turn key restaurants
Property ID
US63-2914290
2,040 SF 0.83 ac lot Built 1989
Last sale Jun 2018 · $272,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial restaurant property previously operated as Wolfe’s Kountry Kottage, configured for breakfast and lunch service. The interior provides seating for 86 guests, with additional outdoor dining for approximately 24 guests. The premises include restaurant equipment and furniture as part of the property’s existing setup, and the building is supported by a replaced electric air-conditioning unit. The site is located on NYS Route 12 between Alexandria Bay and Clayton, near Interstate 81, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$172k
Assessed land$46k
Assessed improvement$126k

Value estimate

· Oct 2026
$245k
$221k – $270k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 4.92% cap applied$21k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$41 – $141
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.92%
$21k 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?
B
JurisdictionJEFFERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply8.6
Auto Repair Shop8.5
Storage Facility8.3

Location

43641 State Route 12 Alexandria Bay, NY 13607
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales 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 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
27 James, Alexandria Bay, NY 13607-1330 $420,000 Apr 2024 5,008 SF
24 Church, Alexandria Bay, NY 13607-1824 $325,000 Dec 2023 1,964 SF
23 Church, Alexandria Bay, NY 13607-1844 $350,000 Jan 2023 3,192 SF
10 James, Alexandria Bay, NY 13607-1310 $405,000 Jul 2021 2,137 SF
12 James, Alexandria Bay, NY 13607-1310 $465,000 Jul 2021 3,510 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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