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    977 Springfield Rd, Unit 1-2 Wilmington, NY 12997-2303

    • Investment properties
    • 2,272 SF
    • 50.18 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Sep 29, 2023
    Location Intelligence
    Property ID
    US63-2022611
    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

    • Adirondack Wildlife Refuge and Rehab Center / Tourist Attraction / Wildlife Refuge
    • Adirondack Wildlife Refuge / Tourist Attraction / Wildlife Rescue Service

    Property Details for 977 Springfield Rd

    Year built
    1947
    Lot size
    50.18 lot acres
    Property size
    2,272 SF
    Zone code
    02 - SINGLE RESIDENCE
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    155400 26.1-1-19.110
    APU
    155400261119110

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $430,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $450,000
      Mixed-Use
      $345,000
      Hospitality
      $340,000
      Educational
      $345,000
      Residential Income
      $410,000
      Energy
      $405,000
      Income-Based Land
      $395,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Essex
    State
    New York
    Longitude
    -73.8261
    Latitude
    44.3786

    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
    $6,334
    $249,200
    $309,600
    $558,800
    -
    $311,500
    $387,000
    $698,500

    Comparable in this City

    • Value Estimation
      $215,000
      1,046 SF

      5861 Nys Rte 86

      OFFICE/RESIDENTIAL (MIXED USE) • 1,046 SF
      5861 Nys Rte 86, Wilmington, NY 12997
      View Details
    • Value Estimation
      $250,000
      2,162 SF

      5830 Nys Rte 86

      OFFICE/RESIDENTIAL (MIXED USE) • 2,162 SF
      5830 Nys Rte 86, Wilmington, NY 12997-2507
      View Details
    • Value Estimation
      $315,000
      1,134 SF

      467 Hardy Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,134 SF
      467 Hardy Rd, Wilmington, NY 12997
      View Details
    • Value Estimation
      $345,000
      1,961 SF

      5724 Nys Rte 86

      OFFICE/RESIDENTIAL (MIXED USE) • 1,961 SF
      5724 Nys Rte 86, Wilmington, NY 12997-2505
      View Details
    • Value Estimation
      $290,000
      912 SF

      281 Whiteface Memorial Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 912 SF
      281 Whiteface Memorial Hwy, Wilmington, NY 12997-1909
      View Details
    • Value Estimation
      $205,000
      2,450 SF

      5783 Nys Rte 86

      OFFICE/RESIDENTIAL (MIXED USE) • 2,450 SF
      5783 Nys Rte 86, Wilmington, NY 12997-7757
      View Details

    Similar Nearby for Sale

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      16-acre lot near Lake Placid, ideal for a dream home.
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      78.5 Acres Near Whiteface Mountain

      Exceptional 78.5-acre parcel near Whiteface Mountain, ideal for estate or development.
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    • $8,700,000
      4,252 SF

      High Falls Gorge: Adirondack Gem

      Profitable Turnkey Attraction, 21 Acres
      4761 Nys Route 86, Wilmington, NY 12997
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    • $199,000
      Pending

      Adirondack Land with Mountain Views

      29+ acre lot with views near Whiteface Mountain.
      Hardy Rd, Wilmington, NY 12997
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    • $229,000
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      Adirondack Land with Mountain Views

      Land with views ideal for building a dream home or retreat.
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    • $99,000
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      Wilmington Land with Mountain Views

      10+ acres of wooded privacy near Whiteface Ski Mountain.
      1911 Haselton Rd, Wilmington, NY 12997
      View Details
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    Wilmington, NY 12997-2303
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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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