Financial
Distress signals
Property profile

508 Lk Ave Lake Luzerne, NY 12846

OFF-MARKET
Motels
Property ID
US63-1237758
3,800 SF 2.22 ac lot Built 1975
Last sale May 2025 · $699,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10-unit motel situated on a spacious 2.22-acre lot in Lake Luzerne, NY. The property boasts 2,851 square feet of building space, including a flexible area suitable for an owner's residence or manager's apartment. The motel features ten well-maintained rooms, each equipped with a microwave, refrigerator, coffee maker, and air conditioning, ensuring guest comfort. Ample parking is available with 16 spaces provided. Beyond the motel itself,

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$210k
Assessed land$37k
Assessed improvement$173k

Value estimate

· Sep 2026
$745k
$671k – $820k
AI approach$805k
CAP approach$450k
Submarket $/SF estimate$460k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$242/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$121 – $543

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?
R-RE
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand index
HVAC Service9.1
Realty agency8.8
Plumbing Service8.8

Location

508 Lk Ave Lake Luzerne, NY 12846-2928
County assessor Recorded deeds · 5 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
551 Lk, Lake Luzerne, NY 12846-3902 $499,000 Jun 2024 2,504 SF
296 Lk, Lake Luzerne, NY 12846-2804 $985,000 Mar 2023 4,490 SF
302 Lk, Lake Luzerne, NY 12846-2815 $650,000 Oct 2022 3,596 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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