Individually Owned Property summary
AI-generated overview
Prime Inlet, NY location, this established restaurant offers 9,127 square feet of space on a 2.6-acre lot, including a fully equipped kitchen capable of serving up to 350 guests. The spacious dining room accommodates large events, complemented by a 59-linear-foot bar with seating for 90. A three-bedroom, two-bathroom house with two living rooms provides owner/manager housing, along with a studio apartment for staff or rental income. Built in 1968, the property includes two buildings, and features a wood boiler and fuel oil furnace for heating, a new well pump and pressure tank (installed June 2023), and ample storage. The property is zoned commercial and situated on a snowmobile trail, ensuring year-round customer traffic. This turnkey operation is ideal for live/work arrangements and presents a significant opportunity for growth within a thriving tourist destination.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Total area
9,724 SF
Lot
2.61 ac (113,692 SF)
Zoning code
C1
APN
202800 59.020-3-10.111
UPID
US63-3974858
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
Zoning & alternative use
C1 · Inlet, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$26 / SF
Confidence
Property data
100
Comparable evidence
60
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,724 SF
Lot area
2.61 ac
Year built
1968
Stories
1
APN
202800 59.020-3-10.111
Zoning
C1
Assessed value
$485,000
Annual tax
$6,297
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$485k
Move the market yield to see immediate price impact.
Value / SF
$50
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$31k
$611k
$436k
$340k
$34k
$679k
$485k
$377k
$37k
$747k
$534k
$415k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$6,297
Tax year 2020
Assessed value
$485,000
Assessed 2023
Previous assessed
$510,000
-4.9% YoY
Effective rate
1.30%
On assessed value
Assessed land
$59,800
Assessed improvement
$425,200
Land market value
$59,800
Improvement market value
$425,200
Total market value
$485,000
Applied tax rate
202,801.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Heating
STEAM
Buildings
2
Stories
1
Bathrooms
2
Total area
9,724 SF
Lot
2.61 ac (113,692 SF)
Zoning code
C1
APN
202800 59.020-3-10.111
UPID
US63-3974858
Jurisdiction
HAMILTON
Zoning & alternative use
C1 · Inlet, NYZoning C1 · permitted uses
C1 · Inlet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1968
Heating
STEAM
Stories
1
Buildings
2
Bathrooms
2
Lot
2.61 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1
Jurisdiction
Inlet, NY
Recorded code
C1
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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