Property profile

5675 State Rte 28 Newport, NY 13416

OFF-MARKET
Turn key restaurants
Property ID
US63-2770662
1,792 SF 17.3 ac lot Built 1998
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 1,792 SF
Lot 17.3 ac (753,588 SF)
Zoning code A
APN 213889 094.3-2-8.8
UPID US63-2770662

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5675 State Rte 28 Newport, NY 13416-2005
Newport metro Census 11400 UTICA-ROME, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2015
1 recorded transaction
2015
$230,000

Zoning & alternative use

A · Newport, 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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