Property profile

2125 Saranac Ave Lake Placid, NY 12946

OFF-MARKET
Hotels
Property ID
US63-5506599
108,675 SF 6.25 ac lot Built 2023
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2023
Total area 108,675 SF
Lot 6.25 ac (272,250 SF)
Zoning code 07 - MIXED
APN 154089 42.33-1-2.200
UPID US63-5506599

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2125 Saranac Ave Lake Placid, NY 12946-1151
Lake Placid metro Census 960402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.00M

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
$3.1M

Zoning & alternative use

07 - MIXED · Lake Placid, NY

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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