Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1927 Saranac Ave Lake Placid, NY 12946-1112
    Back to Search
    Property profile & analytics

    1927 Saranac Ave, Lake Placid, NY 12946-1112

    View on Map

    • Office buildings
    • 8,172 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US63-3972147
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Johnston Linda / Physician
    • Dr. Denis E. Chagnon, MD / Pediatrician / Physician
    • Mrs. Emily Hochwald / Physician
    • Dodge Jeffrey A DO / Physician
    • Gannon Barbara V MD / Physician

    Property Details for 1927 Saranac Ave

    Year built
    2008
    Lot size
    2.00 lot acres
    Zone code
    02 - SINGLE RESIDENCE
    Property type
    Office buildings
    APN
    154089 42.6-3-19.200
    APU
    154089426319200

    Description

    This exceptional Lake Placid investment opportunity presents a 7-unit apartment building situated on a 3.4-acre lot (including a contiguous 1.4-acre vacant parcel) at 1927 Saranac Ave, with a total of 8,100 square feet. Built in 2008, the property boasts three buildings and is zoned for commercial use, offering diverse development potential. Currently configured with three apartments (renting for $750, $750, and $600 respectively) and a main level used for doctor's offices and clerical work, the property also includes a 7-unit self-storage area in the lower level, currently leased to a security company for data storage. The main level offers the possibility of conversion into additional apartments, office space, or even light manufacturing. The property features ample off-street parking in a private lot. Building amenities include central air conditioning, baseboard, electric, and radiant floor heating, a 200+ amp electrical service, and a composition roof. The full, partially finished basement offers exterior entry. Safety features include carbon monoxide detectors and a fire alarm. Utilities include cable and internet availability, sewer, and water connections. Tenants are responsible for electricity and heat. The property's high visibility location near Main Street, lakes, shops, and restaurants, combined with its no-village-tax status, makes it an attractive investment. Construction materials include asphalt, wood framing, and wood siding. The lot is level and features many trees and paved areas. The asking price is $1,750,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lake Placid
    County
    Essex
    State
    New York
    Longitude
    -74.0128
    Latitude
    44.2944

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $6,760
    $315,200
    $247,978
    $563,178
    -
    $315,200
    $247,978
    $563,178
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message