New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,290,000
Hotels
100 Main St, Saranac Lake, NY 12983-1732
Entity Owned
11-yr Hold
Free & Clear
Property ID
US63-0114492
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1936
Total area
53,112 SF
Lot
0.56 ac (24,394 SF)
Zoning code
05 - COMMERCIAL
APN
164601 447.77-6-1
UPID
US63-0114492
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Campfire Adirondack Grill + Bar Restaurant
-
Academy & Main (Bike/Boat/Book/etc) Store
-
Hotel Saranac, Curio Collection by Hilton Hotel & Motel
-
The Barbery Barber Shop (The One and Only) Barber Shop
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.29M
Owner & transaction history
Fbr Properties INC · 11 yrs held
Fbr Properties INC
since 2015
6 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Saranac Lake, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.2M
+42.3%
Restaurant
$4.9M
+33.4%
Commercial (general)
$4.6M
+24.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saranac Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saranac Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,670,000
Current use
AUTO REPAIR, GARAGE
$5,220,000
Change: +42% · Conversion: Difficult
RESTAURANT
$4,895,000
Change: +33% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,560,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$4,035,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,415,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.29M
Range $2.96M – $3.62M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$4,000,000
Assessed 2023
Previous assessed
$4,000,000
+0.0% YoY
Assessed land
$33,700
Assessed improvement
$3,966,300
Land market value
$46,164
Improvement market value
$5,433,288
Total market value
$5,479,452
Applied tax rate
164,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1936
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
6
Total area
53,112 SF
Lot
0.56 ac (24,394 SF)
Zoning code
05 - COMMERCIAL
APN
164601 447.77-6-1
UPID
US63-0114492
Jurisdiction
FRANKLIN
Zoning & alternative use
05 - COMMERCIAL · Saranac Lake, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Saranac Lake, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saranac Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$5.2M
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.6M
OFFICE BUILDING
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.4M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1936
Heating
NONE
Cooling
Yes
Stories
6
Buildings
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Fbr Properties INC
Entity
Free & Clear · 11 yrs held
Mailing address
1134 GIBBONS HWY, WILTON, NH 03086
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2018
—
Roedel Ptrs Of Mt Kisco LLC
—
Loan Modification
related
$42,000,000 · Bny Mellon NA
Nov 7, 2016
—
Roedel Partners Of Saranac Lk II
—
Grant Deed
related
$3,391,671 · Ows Bca Fndg LLC
May 15, 2015
—
Fbr Properties INC
Fbr Properties INC
Quit Claim Deed
related
—
Feb 9, 2007
$775,000
Sardeshwari Ents
Smiths-college,paul
Warranty Deed
related
—
—
—
Roedel Partners Of Saranac Lake L
—
Deed Of Trust
related
$12,372,147 · Ows Bca Fndg LLC
—
—
Roedel Partners Of Saranac Lake L
—
Deed Of Trust
related
$6,634,884 · Ows Bca Fndg LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 100 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
