Single-Story Mixed-Use
For Sale
Contact for pricing
1212 Bay Road, Queensbury, NY 12804
Neighborhood commercial zoning supports office and retail uses.
Property Size4,936 SF
Price / SF$0.36
Days on Market236
Property Features for 1212 Bay Road
General Information
Standard status
Active
Size
4,936 SF
Property subtype
Mixed Use
Zoning
neighborhood commercial
Additional Details
Property Use
Office, Retail
Building Details
Year Built
1990
Buildings
1
Stories
1
Listing Agency:
Berkshire Hathaway Home Services Blake
(518) 793-6628
Listed By:
Robert L Sears · License #30SE0274629
(518) 793-7940
Source:
Simplywoodardrealestate
Added: Mar 12
Changed: Nov 1
Last Checked: Nov 1 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Home Services Blake
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Investment Insights
Based on property information with market context.
The 1,516-square-foot, single-story building was constructed in 1990. Its neighborhood commercial zoning allows office and retail uses, and a floor plan is available. Occupants are responsible for utilities and janitorial service.
The property is at 1212 Bay Road in Queensbury, beside Castaway Marina and close to the junction of Routes 149 and Bay Road. Parking is available on site.
The property is at 1212 Bay Road in Queensbury, beside Castaway Marina and close to the junction of Routes 149 and Bay Road. Parking is available on site.
Key Highlights
- 1,516‑square‑foot, single‑story building
- Neighborhood commercial zoning allows office and retail uses
- Located beside Castaway Marina and near the intersection of Route 149 and Bay Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,305
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,100
$1.2M
Cap Rate 7%
$875,786
$875.8K
Cap Rate 9%
$681,167
$681.2K
Market Conditions
NOI Build-Up for 4,936 SF
Gross rent
$106.6K $21.60/SF
− Vacancy
−$8.5K −$1.73/SF
EGI
$98.1K $19.87/SF
− OpEx
−$36.8K −$7.45/SF
NOI
$61.3K $12.42/SF
Area
Warren County, NY
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,100
Cap Rate 7%
$875,786
Cap Rate 9%
$681,167
Alternative Uses
Best Use
Mixed Use
$875.8K
$766.3K – $1.02M
NOI $61,305 @ 7.0% cap · market cap 3,405.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,419 @ 7.0% cap · market cap 5,745.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
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Business Placement
Demographics for 12804, NY
27,790
Population
13,287
Households
2.1
Avg Household Size
47
Median Age
39%
College-Educated
94%
High-School Grad
54.7 sq mi
ZIP Area
508
Density / Sq Mi
$90,074
Median Household Income
$50,368
Median Earnings
$1,209
Median Rent
$284,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Neighborhood commercial zoning supports office and retail uses.
Where is this mixed-use property located?
The property is located at 1212 Bay Road Queensbury, NY.
What are key features of this property?
This property features: 1,516‑square‑foot, single‑story building; Neighborhood commercial zoning allows office and retail uses; Located beside Castaway Marina and near the intersection of Route 149 and Bay Road
