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    Property profile & analytics

    221 Glen St Glens Falls, NY 12801

    • Investment properties
    • 42,636 SF
    • 0.28 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $2,870,000
    Last Sale
    Oct 01, 2024
    $2,825,000
    Location Intelligence
    Property ID
    US63-6137113
    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.

    Current Use by Public Records

    • SPoT Coffee / Breakfast Restaurant / Restaurant
    • 221 Glen Street / Property Management Company

    Property Details for 221 Glen St

    Year built
    1950
    Lot size
    0.28 lot acres
    Property size
    42,636 SF
    Zone code
    CCD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    520500 302.20-30-11
    APU
    520500302203011

    Description

    This exceptional mixed-use retail property, located at 221 Glen Street in the heart of Glens Falls, New York's central business district, offers 5,500 square feet of vacant space on the first floor. The building, constructed in 1950 and classified as Class B, boasts a total of 42,636 square feet across a single suite. The property sits on a 0.28-acre lot and is zoned CCD. This presents a unique opportunity for a variety of businesses. The convenient location offers easy access to the downtown area and ample parking is available in a nearby parking garage, just two minutes away. The property's central location makes it ideal for professional offices, civic groups, or children's programs. The building's mixed-use nature provides a vibrant and dynamic environment. This is a rare opportunity to secure a substantial space in a prime location within Warren County, New York, with a zip code of 12801. The property's size and location make it an attractive investment for businesses seeking a prominent presence in the Glens Falls community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,560,000
      6.5%
      $2,585,000
      7%
      $2,975,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,050,000
      Geo Method
      $3,075,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,800,000
      Retail
      $3,160,000
      Mixed-Use
      $3,315,000
      Hospitality
      $2,655,000
      Educational
      $3,200,000
      Residential Income
      $2,975,000
      Energy
      $2,765,000
      Income-Based Land
      $2,855,000
      Food Service
      $2,370,000

    Location Insight

    • Map
    • Local Demand
    City
    Glens Falls
    County
    Warren
    State
    New York
    Longitude
    -73.6451
    Latitude
    43.3106
    CBSA code
    24020
    CBSA name
    GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

    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
    2021
    $0.00
    $140,700
    $4,281,600
    $4,422,300
    -
    $149,681
    $4,554,893
    $4,704,574

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      202 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.06 Acres
      202 Broad St, Glens Falls, NY 12801-4146
      View Details
    • Value Estimation by Request
      8,632 SF

      217 Gln St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,632 SF
      217 Gln St, Glens Falls, NY 12801
      View Details
    • Value Estimation by Request
      2,834 SF

      137 Rdg St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,834 SF
      137 Rdg St, Glens Falls, NY 12801-3215
      View Details
    • Value Estimation
      $445,000
      2,312 SF

      171 Bay St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,312 SF
      171 Bay St, Glens Falls, NY 12801-2358
      View Details
    • Value Estimation by Request
      18,963 SF

      190 Gln St

      OFFICE/RESIDENTIAL (MIXED USE) • 18,963 SF
      190 Gln St, Glens Falls, NY 12801-3966
      View Details
    • Value Estimation
      $240,000
      2,392 SF

      214 Maple St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,392 SF
      214 Maple St, Glens Falls, NY 12801-3733
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      View Details
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    • $18 SF/Yr

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    • Contact for pricing
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      Retail Building in Prime Location

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    221 Glen St
    Glens Falls, NY 12801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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