Financial
Distress signals
Property profile

101-103 Main St South Glens Falls, NY 12803

FOR SALE
Office buildings
Property ID
US63-3296512
9,000 SF 0.98 ac lot Built 2006
Last sale Sep 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office building featuring a flexible interior layout with a mix of private offices and open workspaces, suitable for a range of professional uses. The building is fully sprinklered for life-safety coverage. It is situated in downtown South Glens Falls with frontage along Main Street, and provides access via both Main Street and Hudson Street. Dedicated parking totals 53 spaces. The floor plan supports enclosed office areas alongside open workspace and may accommodate traditional office use,

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$925k
Assessed land$181k
Assessed improvement$744k

Value estimate

· Sep 2026
$1.17M
$1.05M – $1.28M
NOI build-up
Gross scheduled income$227k
Vacancy & credit loss−$24k
Operating expenses−$81k
NOI · 13.53% cap applied$122k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$110 – $290

Cap rate analysis

How does the asset earn?
13.53%
$122k 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?
C
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service11.2
HVAC Service10.3
Convenience Store9.9

Location

101-103 Main St South Glens Falls, NY 12803
County assessor Recorded deeds · 1 transfer 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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