Technical
Financial
Distress signals
Property profile

217 Dix Ave Glens Falls, NY 12801

OFF-MARKET
Strip malls
Property ID
US63-5988335
23,400 SF 4.28 ac lot Built 2007
Individually Owned 14-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 23,400 square foot, single-story building, constructed in 2007, offers multiple flexible spaces ideal for a variety of uses. Located in Warren County and zoned LI, the property sits on a generous 4.28-acre lot. Currently, there are three suites, with a total of 12,650 square feet of vacant space available. Units range from a minimum of 2,100 square feet to a maximum contiguous space of 10,550 square feet. One notable space is a large 8,050 square foot flex/retail/office area boasting 21-foot ceilings. The property benefits from strong co-tenancy with established businesses including Little Caesars and Nautilus Gym. Virtual tours are available for two of the vacant suites. This prime location presents a unique opportunity for businesses seeking flexible, high-visibility space in a thriving community. The property's single-story design and ample parking provide convenient access and a welcoming atmosphere for both employees and customers. The diverse zoning allows for a wide range of potential uses, making this an attractive investment for various business models. This is a rare opportunity to secure a significant presence in a well-established commercial center.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 23,400 SF
Lot 4.28 ac (186,437 SF)
Zoning code LI
APN 520500 303.14-5-3
UPID US63-5988335

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Restaurant
  • Tattoo & Piercing Shop
  • (Bike/Boat/Book/etc) Store
  • Storage Facility

Location

217 Dix Ave Glens Falls, NY 12801-3290
Glens Falls metro Census 70500 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$514k
Blend (final) Blend
$520k

Owner & transaction history

since 2011
3 recorded transactions
2011
$950,000
2004
$250,000
1969
Price N/A

Zoning & alternative use

LI · Glens Falls, NY
Zoning description

-16 LNC Local Neighborhood Commercial Districts. § 220-17 GC1 General Commercial District 1. § 220-18 GC2 General Commercial District 2. § 220-19 CCD Central Commercial Districts. Article V Industrial Districts § 220-20…

General category INDUSTRIAL

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
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 217 Dix Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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