Technical
Financial
Distress signals
Property profile

120 Dix Ave Glens Falls, NY 12801

FOR LEASE
Auto shops
Property ID
US63-3256914
6,360 SF 0.5 ac lot Built 1973
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This ±5,400 square foot industrial property, located at 120 Dix Ave in Glens Falls, New York, offers a unique blend of warehouse and flex space ideal for a variety of businesses. Situated in Warren County, this single-tenant property boasts five large grade-level loading doors, providing convenient access for loading and unloading. The space includes a smaller office component, offering a functional area for administrative tasks. Previously occupied by Empire Ambulance, this well-maintained building presents a ready-to-occupy opportunity. The property's ±5,400 square feet provide ample room for storage, manufacturing, or distribution operations. Its convenient location in Glens Falls, NY, zip code 12801, offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property type is classified as industrial, with a subtype of warehouse and flex space. This versatile space is available for lease and presents a compelling opportunity for businesses seeking a functional and well-located industrial property in the Glens Falls area. The property is located at 43.3182274 latitude and -73.6321747 longitude.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Total area 6,360 SF
Lot 0.5 ac (21,988 SF)
Zoning code GC2
APN 520500 303.14-1-2
UPID US63-3256914

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
  • Electronics & Wireless Store Auto Parts Store
  • Building Supply General Contractor
  • Building Supply General Contractor

Location

120 Dix Ave Glens Falls, NY 12801
Glens Falls metro Census 70400 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

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

Owner & transaction history

since 2013
6 recorded transactions
2020
Price N/A
2013
$1.4M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC2 · Glens Falls, NY
Zoning description

amily Residential to General Commercial 1. [Added 12-12-2023 by L.L. No. 5-2023 ] P. The Zoning Map is amended in the following manner: The boundary line between the General Commercial 1 (GC-1) and General Commercial 2 (…

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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