Financial
Distress signals
Property profile

10 Mcgillis Ave Lake George, NY 12845

OFF-MARKET
Bars & Pubs
Property ID
US63-4206464
2,475 SF 0.19 ac lot Built 1970
Last sale Feb 2024 · $630,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a restaurant and bar configuration known as Del Lago Restaurant and Bar. The interior has undergone complete renovation and includes updated kitchen appliances and a custom bar. It offers an indoor bar and dining area with seating capacity for 82 people, with additional outdoor patio dining for 30 people. The building has approximately 2,475 square feet of interior space. The property includes both furniture and equipment, and has provisions that can support restaurant

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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$350k
Assessed land$101k
Assessed improvement$249k

Value estimate

· Sep 2026
$630k
$567k – $693k
AI approach$630k
Submarket $/SF estimate$449k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$183/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$90 – $280

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop11.4
HVAC Service10.1
Hair Salon10.0

Location

10 Mcgillis Ave Lake George, NY 12845-1513
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2814 Rt 9th, Lake George, NY 12845 $775,000 May 2022 2,000 SF
3609 Lk Shr, Lake George, NY 12845-6714 $300,000 Mar 2022 2,483 SF
350 Canada, Lake George, NY 12845-1118 $650,000 Aug 2021 3,163 SF
3017 Lk Shr, Lake George, NY 12845 $167,000 Jan 2021 2,630 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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