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    Cascade Rd Lake Placid, NY 12946

    For Sale
    $2,999,000

    LAND - Lake Placid, NY

    Lot size:
    23.87 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for Cascade Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed
    APN
    42.4-3-6.100
    Lot size
    23.87 Acres

    Utilities

    Utilities
    Water Available

    Adirondack Premier Properties, Inc. (518) 523-3333

    Listing agent Margie Philo (518) 524-7347

    Listing date Nov 10, 2025

    MLS# 173979 Listing URL

    Copyright © 2025 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Placid Land For Sale

    Located in a high visibility location, this parcel offers the ability to build residential units or a commercial project. It is in close proximity to the Lake Placid village and features mountain vistas. The property is a large parcel with development possibilities located on the corridor leading to Main Street and across from the horse show grounds. Access is available off of Rt 73 Cascade Road or from Old Military Road. The property was formally approved by the Lake Placid town board and APA for a townhome project that included multiple duplex homes and affordable housing buildings, and permits are available for review. The location offers mountain views and convenience for a private residence, commercial business, or a multi-family project. The lot size is 23.87 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lake Placid
    County
    Essex
    State
    New York
    Longitude
    -73.969381
    Latitude
    44.263938

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    FAQs

    What type of property is this?
    Commercial land - High visibility land parcel near Lake Placid village with mountain vistas.
    Where is this commercial land located?
    The property is located at Cascade Rd Lake Placid, NY.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - High visibility location suitable for residential or commercial development.; - Close proximity to Lake Placid village and Main Street.; - Mountain vistas.
    (518) 524-7347
    Request Owner's contact information
    Cascade Rd Lake Placid, NY 12946
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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
    Cascade Rd Lake Placid, NY 12946
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