Financial
Distress signals
Property profile

222 Dix Ave Glens Falls, NY 12801

FOR LEASE
Other investment properties
Property ID
US63-0556081
4,500 SF 0.62 ac lot Built 2001
Last sale Aug 2023 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding commercial building constructed in 2001, located on Dix Avenue in Glens Falls, New York. The property contains approximately 3,738 square feet of interior space and is sited on a 0.62-acre lot. It is equipped with natural gas heating and central air conditioning and includes paved on-site parking. The layout supports a range of commercial uses, including retail, medical, and professional office configurations. The building is positioned for visibility and provides convenient access to Interstate 87.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$321k
Assessed land$118k
Assessed improvement$203k

Value estimate

· Sep 2026
$735k
$662k – $809k
AI approach$735k
CAP approach$860k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$5k
Operating expenses−$19k
NOI · 289,800.00% cap applied$43k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$100/SF
ZIP average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$64 – $146
Qualifying comparables4

Cap rate analysis

How does the asset earn?
289,800.00%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
The general purpose and intent of this district is to identify areas that are appropriate for a wide range of commercial and industrial u...
General categoryINDUSTRIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency18.2
Parking Facility11.3
Pharmacy11.1

Location

222 Dix Ave Glens Falls, NY 12801
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Washington, Glens Falls, NY 12801-3316 $500,000 Dec 2025 3,235 SF
9 Rdg, Glens Falls, NY 12801-3645 $387,500 Jun 2025 3,120 SF
3 Montcalm, Glens Falls, NY 12801-3407 $285,000 Mar 2025 3,452 SF
26 Rdg, Glens Falls, NY 12801-3619 $740,000 Sep 2024 4,517 SF
158-160 Warren, Glens Falls, NY 12801 $474,220 Apr 2024 4,774 SF
128 Gln, Glens Falls, NY 12801-4432 $75,000 Feb 2024 4,290 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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