Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
160 Aviation Rd Queensbury, NY 12804-8406
Entity Owned
21-yr Hold
Free & Clear
Property ID
US63-0190861
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Total area
4,094 SF
Lot
3.91 ac (170,320 SF)
Zoning code
MDR
APN
523400 295.18-1-73
UPID
US63-0190861
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$635k
Owner & transaction history
UNITED CEREBRAL PALSY ASSOC TRI-C
UNITED CEREBRAL PALSY ASSOC TRI-C
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
Top alternative use upside
Commercial (general)
$700,000
+22.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$570,000
Current use
COMMERCIAL (GENERAL)
$700,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$155 / 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
Assessed value
$830,100
Assessed 2023
Previous assessed
$830,100
+0.0% YoY
Assessed land
$171,700
Assessed improvement
$658,400
Land market value
$202,002
Improvement market value
$774,598
Total market value
$976,600
Applied tax rate
523,402.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Heating
STEAM
Cooling
CENTRAL
Buildings
1
Stories
1
Bathrooms
1
Total area
4,094 SF
Lot
3.91 ac (170,320 SF)
Zoning code
MDR
APN
523400 295.18-1-73
UPID
US63-0190861
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$700,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
1
Lot
3.91 ac
Current owner
From public records · entity-resolved
UNITED CEREBRAL PALSY ASSOC TRI-C
Individual
Free & Clear · 0 yrs held
Mailing address
133 AVIATION RD, QUEENSBURY, NY 12804-8206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 160 Aviation Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
