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Property profile & analytics
OFF-MARKET
Estimated value
$330,000
Manufacturing properties
121 Dixon Rd Queensbury, NY 12804
Entity Owned
16-yr Hold
Free & Clear
Property ID
US63-1035364
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1932
Total area
4,310 SF
Lot
4.24 ac (184,694 SF)
Zoning code
MDR
APN
523400 302.13-1-10
UPID
US63-1035364
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$330k
Owner & transaction history
City Of Glens Falls · 16 yrs held
City Of Glens Falls
since 2010
1 recorded transaction
Zoning & alternative use
MDR · Queensbury, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
4 . (d) Residential development guidelines. Design guidelines for placement of new residential dwellings are set forth in § 179-4-010 of this chapter. (3) Moderate-density residential. The Moderate Density Residential (MDR) District is intended to protect the character of Queensbury's low-, medium- and high-density, strictly single-family neighborhoods and t…
Zone name
Moderate Density Residential
General category
RESIDENTIAL
Zone area
8,823.90 ac
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 Queensbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queensbury 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$330k
Range $297k – $363k · ±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
$77 / 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
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$2,238
Tax year 2021
Assessed value
$377,700
Assessed 2023
Previous assessed
$377,700
+0.0% YoY
Effective rate
0.59%
On assessed value
Assessed land
$178,600
Assessed improvement
$199,100
Land market value
$210,140
Improvement market value
$234,260
Total market value
$444,400
Applied tax rate
520,500.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1932
Heating
NONE
Buildings
2
Stories
1
Total area
4,310 SF
Lot
4.24 ac (184,694 SF)
Zoning code
MDR
APN
523400 302.13-1-10
UPID
US63-1035364
Jurisdiction
WARREN
Zoning & alternative use
MDR · Queensbury, NYZoning MDR · permitted uses
MDR · Queensbury, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
4 . (d) Residential development guidelines. Design guidelines for placement of new residential dwellings are set forth in § 179-4-010 of this chapter. (3) Moderate-density residential. The Moderate Density Residential (MDR) District is intended to protect the character of Queensbury's low-, medium- and high-density, strictly single-family neighborhoods and to create more walkable neighborhoods. This area of the Town is described in the "N
Zone name
Moderate Density Residential
General category
RESIDENTIAL
Zone area
8,823.90 ac
Building & site characteristics
From public records
Year built
1932
Heating
NONE
Stories
1
Buildings
2
Lot
4.24 ac
Current owner
From public records · entity-resolved
City Of Glens Falls
Entity
Free & Clear · 16 yrs held
Mailing address
42 RDG ST, GLENS FALLS, NY 12801-3610
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2010
$375,000
City Of Glens Falls
Ferari,thomas
Grant Deed
—
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.
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