Lakefront Marina
1881 Pilot Knob Road, Fort Ann, NY 12844
For Sale
$3,499,000
Multi-parcel marina property with docks, boat services, retail space, storage facilities, and residential improvements.
Property Size11,780 SF
Price / SF$297.03
Days on Market239
Property Features for 1881 Pilot Knob Road
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Highway Access
Road Access
Outdoor Storage
Additional Details
Business Included
Taxes and HOA fees
Annual Taxes
Amenities
gas docks
boat launch ramp
dock slips
heated service shop
office space
apartment
storage sheds
lakeside retail store
sundeck
lakefront home
private deck
indoor boat storage
outdoor boat storage
retail storefront
Building Details
Year Built
Buildings
Stories
Listing Agency:
Davies Davies & Associates Real Estate LLC
Listed By:
Daniel L Davies · License #49DA1061690
(518) 796-9068
Source:
Capmarkrealty
Added: Mar 13
Changed: Nov 6
Last Checked: Sep 5 at 4:03AM
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 Davies Davies & Associates Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-parcel marina portfolio combines waterfront operations with retail, storage, and residential improvements. The 0.66-acre lakefront parcel includes gas docks, multiple boat slips, a launch ramp, a heated service shop with parts department, offices, two storage sheds, and a lakeside retail store with a sundeck. A three-bedroom apartment is located above the service area, while a separate year-round three-bedroom, 1.5-bath lakefront home includes a private deck.
Two additional parcels totaling 5.95 acres contain multiple buildings for indoor and outdoor boat storage. The offering also includes a 1.95-acre commercial parcel with a retail storefront near the intersection of State Route 149 and a busy intersection. The property is zoned Commercial and is located at 1881 Pilot Knob Road in Kattskill Bay, near Lake George.
Two additional parcels totaling 5.95 acres contain multiple buildings for indoor and outdoor boat storage. The offering also includes a 1.95-acre commercial parcel with a retail storefront near the intersection of State Route 149 and a busy intersection. The property is zoned Commercial and is located at 1881 Pilot Knob Road in Kattskill Bay, near Lake George.
Key Highlights
- Four‑parcel marina portfolio with lakefront, storage, retail, and residential improvements
- 0.66‑acre lakefront parcel with gas docks, multiple slips, and a boat launch ramp
- Heated service shop includes a parts department and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,934
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,938,680
$2.9M
Cap Rate 7%
$2,099,057
$2.1M
Cap Rate 9%
$1,632,600
$1.6M
Market Conditions
NOI Build-Up for 11,780 SF
Gross rent
$219.1K $18.60/SF
− Vacancy
−$9.2K −$0.78/SF
EGI
$209.9K $17.82/SF
− OpEx
−$63.0K −$5.35/SF
NOI
$146.9K $12.47/SF
Area
Washington County, NY
Vacancy
4.20%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,938,680
Cap Rate 7%
$2,099,057
Cap Rate 9%
$1,632,600
Alternative Uses
Best Use
Retail
$2.10M
$1.84M – $2.45M
NOI $146,934 @ 7.0% cap · market cap 4.20%
Second Best
Mixed Use
$1.70M
$1.49M – $1.99M
NOI $119,273 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,576 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 12844, NY
303
Population
414
Households
0.7
Avg Household Size
58
Median Age
64%
College-Educated
100%
High-School Grad
3.0 sq mi
ZIP Area
101
Density / Sq Mi
$181,696
Median Household Income
$82,321
Median Earnings
$1,037,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Marina - Multi-parcel marina property with docks, boat services, retail space, storage facilities, and residential improvements.
Where is this marina located?
The property is located at 1881 Pilot Knob Road Fort Ann, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Four‑parcel marina portfolio with lakefront, storage, retail, and residential improvements; 0.66‑acre lakefront parcel with gas docks, multiple slips, and a boat launch ramp; Heated service shop includes a parts department and office space
