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Property profile

118 Quaker Rd Queensbury, NY 12804

OFF-MARKET
Strip malls
Property ID
US63-0381549
View Sample
1,568 SF 4.22 ac lot Built 1991
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional retail opportunity presents two available spaces within the thriving Quaker Plaza, a 27,113 square foot neighborhood shopping center located at 118 Quaker Road in Queensbury, New York, zip code 12804. The property boasts a highly desirable location on Quaker Road, situated conveniently between Route 9 and Bay Road, ensuring excellent visibility and accessibility for businesses. The center is anchored by established and reputable tenants including O'Toole's Restaurant, Trustco Bank, and Benson's Pet Center, creating a strong and synergistic retail environment. Two suites are currently available, offering flexible space options ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,086 square feet. A total of 3,586 square feet is currently vacant, providing ample opportunity for expansion or multiple tenant occupancy. The property is located in Warren County, New York, and offers a prime location within a busy retail corridor. This is an ideal investment opportunity for businesses seeking high visibility and strong tenant synergy in a well-established shopping center. The property's strategic location and established tenant base make it an attractive proposition for a variety of retail uses. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Total area 1,568 SF
Lot 4.22 ac (183,823 SF)
Zoning code CI
APN 523400 302.7-1-12
UPID US63-0381549

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Nightclub Bar & Pub
  • Hardware & Home Improvement Production Facility
  • Bank Loan Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

CI · Queensbury, NY
Zoning description

Commercial Intensive (CI), Commercial Intensive Exit 18 (CI-18) and Commercial Moderate (CM) Zones. [Amended 1-28-2011 by L.L. No. 2-2011 ; 4-18-2016 by L.L. No. 3-2016 ] A. Design districts. (1) Route 9 North District:…

General category COMMERCIAL

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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