1 River St South Glens Falls, NY 12803
Property profile & analytics
1 River St South Glens Falls, NY 12803
- Manufacturing properties
- 183,950 SF
- 11.41 lot acres
Property ID
US63-6265718
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Essity / Mill
- SCA / Mill
Property Details for 1 River St
- Year built
- 1965
- Lot size
- 11.41 lot acres
- Property size
- 183,950 SF
- Zone code
- C1
- Property type
- Manufacturing properties
- APN
- 414401 37.37-1-3.1
- APU
- 4144013737131
Description
This exceptional industrial property, situated on 30.24 acres in South Glens Falls, NY, presents a unique investment opportunity. The campus comprises five primary buildings totaling 303,310 square feet, offering a diverse range of spaces. The layout includes 9,500 square feet of executive office space, 226,610 square feet dedicated to manufacturing, and 67,200 square feet of warehouse space. Originally constructed in 1864, the property has undergone significant additions and renovations in 1959, 1975, 1983, 1985, 1999, and 2008, resulting in excellent condition. Ceiling heights vary across the buildings, ranging from 9 feet in the office space to 12-44 feet in the manufacturing areas, with other sections featuring heights of approximately 20-29 feet, 11-22 feet, 14-18 feet, and 35-38 feet in the high bay area. The property boasts 10 loading docks, ample trailer parking for approximately 150+ trailers, and over 200 parking spaces. The manufacturing areas are equipped with multiple cranes and hoists (5 with 3-10 ton capacity in one area, and 4 with 3-10 ton capacity in another). The property benefits from substantial power supplied by National Grid (24.5 MVA capacity), a 6-inch water main supplied by the Village of South Glens Falls, and three steam boilers. The property features a comprehensive fire suppression system including wet sprinklers, a dry system in limited areas, a high-pressure diesel fire pump, and a 200,000-gallon fire water tank. The property is zoned M-2, Industrial, and the annual property taxes are $330,000 (across 26 parcels). Located at 1 River Street, South Glens Falls, NY 12803, this property offers convenient access to I-87 and the Hudson River. Note: Various building systems and equipment are being shut down; a review of conditions and requirements is recommended. All information should be independently verified.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $18,960,000
- 6.5%
- $17,505,000
- 7%
- $16,255,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,890,000
- AI Estimate
- $14,169,000
Market price range: $2.89M - $14.9MMarket price range: $4.53M - $14.2M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $10,785,000 Current use
- COMMERCIAL (GENERAL)
- $21,600,000 Change: +100% Conversion: Difficult
- WAREHOUSE, STORAGE
- $11,620,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Glens Falls
- County
- Saratoga
- State
- New York
- Longitude
- -73.6375
- Latitude
- 43.3056
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$129,300
$14,570,700
$14,700,000
-
$129,300
$14,570,700
$14,700,000
