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Property profile

4802 Us Hwy 209 Accord, NY 12404

OFF-MARKET
Turn key restaurants
Property ID
US63-4081479
View Sample
2,292 SF 5.7 ac lot Built 1967
Entity Owned 8-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional Accord, NY mixed-use property presents a lucrative investment opportunity. The meticulously renovated 3,460 square foot building boasts a thriving, 2,260 square foot restaurant, fully equipped and operating as a turnkey business. The restaurant features a recently expanded tavern room with an open ceiling, a new entrance foyer, a raised kitchen roof, and a dedicated outdoor dining area complete with restrooms, a licensed bar, a band stage, and covered seating for an additional 70 patrons. Operational efficiency is maximized with a new beverage walk-in cooler and an eight-line glycol beer tap system. Beyond the restaurant, the property includes two additional residential rental units, providing further income streams. Recent improvements also encompass a fully renovated mobile home and expanded parking facilities. This property offers a compelling combination of established commercial revenue and rental income potential, making it an ideal acquisition for savvy investors seeking a high-return asset in a desirable location. The property is located at 4802 US Highway 209, Accord, NY and is priced at $995,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Total area 2,292 SF
Lot 5.7 ac (248,292 SF)
Zoning code R2
APN 514400 69.3-2-24
UPID US63-4081479

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
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2018
4 recorded transactions
2020
Price N/A
2018
$250,000
2006
$240,000
1969
Price N/A

Zoning & alternative use

R2 · Accord, 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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