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Property profile & analytics
OFF-MARKET
Turn key restaurants
78 Limekiln Lk Rd, Inlet, NY 13360-1406
Individually Owned
Free & Clear
Property ID
US63-3974858
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
RONALD C HANSEN
RONALD C HANSEN
Zoning & alternative use
C1 · Inlet, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Inlet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Inlet submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
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
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
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, NY
Zoning C1 · permitted uses
C1 · Inlet, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Inlet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
STEAM
Stories
1
Buildings
2
Bathrooms
2
Lot
2.61 ac
Current owner
From public records · entity-resolved
RONALD C HANSEN
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 194, INLET, NY 13360-0194
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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