Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Queensbury Commercial Space For Rent Title is generated by Realmo AI

    281 Dix Avenue, Queensbury, NY 12804

    View on Map
    Claim this Listing
    For Lease
    $10 SF/Yr $7,866/Mo (calc)

    COMMERCIAL - Queensbury, NY

    Property size:
    9,440 SF
    Lot size:
    2.01 Acres
    Added:
    Apr 8, 2025
    Days on Market:
    406
    Last Refresh:
    May 18 at 2:06 pm

    Property Features for 281 Dix Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Parking
    20
    Standard status
    Active
    APN
    523400 303.15-1-4
    Size
    9,440 SF
    Lot size
    2.01 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4462

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Roof type
    Rubber

    We can help!

    Listing Contact
    Robert L Sears

    Listing agent Robert L Sears License #30SE0274629

    Listing office Berkshire Hathaway HomeServices Blake, REALTORS 699 Upper Glen St, Albany, NY

    Listing date Apr 8, 2025

    MLS# 202514841

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3900+\/- SF of flexible space ideal for office, retail, or storage.
    • Features accessible dock doors for convenient loading and unloading.
    • Ample parking and good visibility on Dix Avenue.
    • Convenient location with easy access to Queensbury, Glens Falls, Hudson Falls, and South Glens Falls.
    • Includes two handicapped accessible bathrooms.
    • Central air conditioning and natural gas forced air heating.

    Overview

    Approximately 3900 square feet of commercial space is available for lease. Originally used as office space, the property could accommodate a combination of retail or storage purposes. The interior walls are non-load-bearing, and there is access to dock doors. The space includes two handicapped-accessible bathrooms. Ample parking is available. The property offers good visibility and accessibility on Dix Avenue. It is conveniently located to points of Queensbury, Glens Falls, Hudson Falls, and South Glens Falls. The lease rate is $10.00 per square foot, plus utilities. The property is situated on a 2.01-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meier Supply Glens ... Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queensbury
    County
    Warren
    State
    New York
    Longitude
    -73.617134
    Latitude
    43.316689

    Nearby Similar for Lease

    • $1,800/Mo
      4,936 SF

      Queensbury Commercial Space For Lease

      1,516 SF commercial space for lease in Queensbury, NY.
      1212 Bay Road, Queensbury, NY 12804
      View Details
    • $17 SF/Yr
      4,800 SF

      Visible Commercial Space For Rent

      1354 SF commercial space available in visible, accessible location.
      74 Quaker Road, Queensbury, NY 12804
      View Details
    • $12 SF/Yr
      4,843 SF

      Queensbury Office Space For Lease

      1,490 SF office space available in prominent Queensbury location.
      357 Bay Road, Queensbury, NY 12804
      View Details
    • $10 SF/Yr
      12,000 SF

      Queensbury Warehouse Space For Lease

      4,000 SF warehouse space available near I-87.
      94 Big Boom Road, Queensbury, NY 12804
      View Details
    • $13 SF/Yr
      35,775 SF

      Queensbury Retail Space For Rent

      Retail space available in Meadowbrook Plaza with high traffic exposure.
      324 Quaker Road, Queensbury, NY 12804
      View Details
    • $14 SF/Yr
      7,786 SF

      Turnkey Dental Office for Lease

      Class A dental office available for immediate lease in Queensbury.
      16 Hunter Brook Lane, Queensbury, NY 12804
      View Details
    • $12 SF/Yr
      2,400 SF

      Retail Space on Quaker Road

      Retail space for lease with high traffic and road frontage.
      324 Quaker Road, Queensbury, NY
      View Details
    • $16 SF/Yr
      4,750 SF

      Retail Space on Quaker Road

      Retail space available in a visible, accessible location.
      74 Quaker Road, Queensbury, NY 12804
      View Details
    • $1,500/Mo
      924 SF

      Freestanding Office Building For Lease

      924 SF freestanding office building with parking and central air.
      565 Bay Road, Queensbury, NY, 12804
      View Details
    • $12 SF/Yr
      4,843 SF

      Office Space For Lease

      Office space available for lease in prominent location.
      357 Bay Road #1, Queensbury, NY 12804
      View Details
    • $1,800/Mo
      4,936 SF

      Retail/Office Space For Lease

      Single-story building suitable for retail or office use.
      1212 Bay Road, Queensbury, NY 12804
      View Details
    • $10 SF/Yr
      12,000 SF

      Queensbury Warehouse Space Available

      4,000 SF warehouse space for lease near I-87.
      94 Big Boom Road #D, Queensbury, NY 12804
      View Details

    FAQs

    What type of property is this?
    Office units - Versatile commercial space suitable for office, retail, or storage.
    Where is this office units located?
    The property is located at 281 Dix Avenue Queensbury, NY.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 3900+\/- SF of flexible space ideal for office, retail, or storage.; Features accessible dock doors for convenient loading and unloading.; Ample parking and good visibility on Dix Avenue.
    (518) 793-7940
    We can help!
    Listing Contact
    Robert L Sears
    Real Estate License ID: 30SE0274629
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    281 Dix Avenue, Queensbury, NY 12804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!