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Financial
Distress signals
Property profile

1212 Bay Rd Queensbury, NY 12804

FOR LEASE
Other investment properties
Property ID
US63-3725392
4,936 SF 6.89 ac lot Built 1990
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This single-story commercial building contains approximately 1,516 SF of office space. The tenant configuration is intended for office use within a defined floor plan, and includes arrangements where utilities and janitorial services are tenant responsibility. The property is located at 1212–1216 Bay Rd, Unit 1212, in Queensbury, positioned near Castaway Marina and close to the intersection of NY-149 and Bay Road, with on-site parking. Zoning is described as neighborhood commercial, with permitted uses including offices and retail.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2021

What does the county charge?
$3k
Tax billed · 2021
Assessed value · 2023$485k
Assessed land$185k
Assessed improvement$300k
Effective rate0.55%

Value estimate

· Oct 2026
$350k
$315k – $385k
CAP approach$945k
Submarket $/SF estimate$951k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 2,649.00% cap applied$48k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$94 – $243
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2,649.00%
$48k 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?
NC
This district primarily allows a variety of uses intended to enable residents of Queensbury's outlying areas to obtain staples, necessiti...
General categoryCOMMERCIAL
JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.8
Building Supply8.6
Bakery8.4

Location

1212 Bay Rd Queensbury, NY 12804
County assessor Recorded deeds · not on file 6 qualifying comp sales 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 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34 Gunn, Queensbury, NY 12804-6732 $3,980,000 Dec 2025 3,140 SF
390 Quaker, Queensbury, NY 12804-1513 $840,000 Apr 2025 7,450 SF
1416 Rdg, Glens Falls, NY 12804-6930 $400,000 Aug 2023 3,243 SF
330 Aviation, Queensbury, NY 12804-2902 $175,000 Aug 2022 3,396 SF
314 Quaker, Queensbury, NY 12804-1507 $750,000 Mar 2022 3,200 SF
1 Foster, Queensbury, NY 12804-2013 $317,000 Dec 2021 4,744 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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