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    Property profile & analytics

    5474 State Rte 28 Eagle Bay, NY 13331

    • Drive through restaurants
    • 1,596 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 12, 2024
    $184,900
    Location Intelligence
    Property ID
    US63-1404862
    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

    • Drive through restaurants

    Property Details for 5474 State Rte 28

    Year built
    1950
    Lot size
    0.38 lot acres
    Property size
    1,596 SF
    Zone code
    CB
    Property type
    Drive through restaurants
    APN
    215400 039.32-2-16
    APU
    21540003932216

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eagle Bay
    County
    Herkimer
    State
    New York
    Longitude
    -74.8208
    Latitude
    43.7685
    CBSA code
    46540
    CBSA name
    UTICA-ROME, NY METROPOLITAN 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
    $976
    $21,300
    $80,100
    $101,400
    -
    $29,707
    $111,716
    $141,423

    Comparable in this City

    • Value Estimation
      $250,000
      560 SF

      5556 State Rte 28

      DRIVE-THRU RESTAURANT, FAST FOOD • 560 SF
      5556 State Rte 28, Eagle Bay, NY 13331
      View Details
    • Value Estimation
      $270,000
      3,058 SF

      2138 Big Moose Rd

      RESTAURANT • 3,058 SF
      2138 Big Moose Rd, Eagle Bay, NY 13331-2311
      View Details
    • Value Estimation by Request
      2,218 SF

      5520 State Rte 28

      BAR, TAVERN • 2,218 SF
      5520 State Rte 28, Eagle Bay, NY 13331
      View Details
    • Value Estimation
      $245,000
      4,264 SF

      5521 State Rte 28

      RESTAURANT • 4,264 SF
      5521 State Rte 28, Eagle Bay, NY 13331
      View Details
    • Value Estimation by Request
      12,600 SF

      5511 State Rte 28

      VEHICLE SALES, RENTALS • 12,600 SF
      5511 State Rte 28, Eagle Bay, NY 13331-1704
      View Details
    • Value Estimation by Request
      2,414 SF

      5561 State Rte 28

      OFFICE/RESIDENTIAL (MIXED USE) • 2,414 SF
      5561 State Rte 28, Eagle Bay, NY 13331-7784
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Property, Santo Domingo

      Spacious commercial property in high-traffic Santo Domingo location.
      Do, Eagle Bay, NY 13331
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    • $595,000
      1,540 SF

      Eagle Bay Furnished Multifamily Retreat

      Two fully furnished homes near 4th Lake, ideal for rentals.
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    5474 State Rte 28
    Eagle Bay, NY 13331
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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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