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    Property profile & analytics

    4860 Route 430 Bemus Point, NY 14712

    • Turn key restaurants
    • 3,648 SF
    • 2.30 lot acres
    For Sale
    View listing
    $585,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-2730708
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 4860 Route 430

    Year built
    1992
    Lot size
    2.30 lot acres
    Property size
    3,648 SF
    Zone code
    07 - MIXED
    Property type
    Turn key restaurants
    APN
    063689 298.00-1-21
    APU
    6368929800121

    Description

    This exceptional investment opportunity presents a 2.3-acre industrial property located at 4860 Route 430 in Ellery, Chautauqua County, New York, 14712. The property is zoned for commercial and warehouse use and includes a substantial existing structure. Currently generating income from multiple revenue streams, this property offers significant potential for growth and return on investment. A 1700 sq ft apartment on the property is currently rented for $1500 per month, inclusive of utilities. Furthermore, 26 fully rented 10x10 and 10x15 storage units generate additional monthly income, with $75 and $85 monthly rent respectively, and space available to add more units. The asking price for this turnkey operation is $625,000. Please note that a minimum of four days' notice is required for showings. Access to certain areas, including the kitchen, coolers, freezers, and cupboards, is restricted. Proof of funds is required to schedule a showing. This property represents a rare chance to acquire a well-established, income-producing asset in a desirable location. The property's strategic location and diverse income streams make it an attractive investment for both seasoned and emerging investors. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $390,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $360,000
      Mixed-Use
      $375,000
      Hospitality
      $430,000
      Educational
      $390,000
      Residential Income
      $385,000
      Energy
      $320,000
      Income-Based Land
      $315,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Bemus Point
    County
    Chautauqua
    State
    New York
    Longitude
    -79.4192
    Latitude
    42.2025
    CBSA code
    27460
    CBSA name
    JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $27,300
    $244,900
    $272,200
    -
    $39,165
    $351,335
    $390,500

    Comparable in this City

    • Value Estimation
      $265,000
      1,608 SF

      60 Lakeside Dr

      RESTAURANT • 1,608 SF
      60 Lakeside Dr, Bemus Point, NY 14712-9312
      View Details
    • Value Estimation
      $265,000
      9,978 SF

      5030 Rte 430

      RESTAURANT • 9,978 SF
      5030 Rte 430, Bemus Point, NY 14712-9728
      View Details
    • Value Estimation
      $315,000
      16,000 SF

      2 Lakeside Dr

      RESTAURANT • 16,000 SF
      2 Lakeside Dr, Bemus Point, NY 14712-9310
      View Details
    • Value Estimation
      $290,000
      6,480 SF

      57 Lakeside Dr

      RESTAURANT • 6,480 SF
      57 Lakeside Dr, Bemus Point, NY 14712-9311
      View Details
    • Value Estimation
      $245,000
      10,233 SF

      14 Main St

      RESTAURANT • 10,233 SF
      14 Main St, Bemus Point, NY 14712-9301
      View Details
    • Value Estimation
      $340,000
      4,137 SF

      61 Lakeside Dr

      RESTAURANT • 4,137 SF
      61 Lakeside Dr, Bemus Point, NY 14712-9312
      View Details

    Similar Nearby for Sale

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      View Details
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    Bemus Point, NY 14712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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