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Property profile & analytics
FOR LEASE
Manufacturing properties
24 Native Dr Queensbury, NY 12804
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-6173066
For Lease
1 / 5
$9 SF/Yr
24 Native Dr, Queensbury, NY 12804
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Total area
129,675 SF
Lot
11.15 ac (485,694 SF)
Zoning code
CLI
APN
523400 308.20-1-9.21
UPID
US63-6173066
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
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
New Generation Yarn Acqc · 20 yrs held
New Generation Yarn Acqc
since 2006
7 recorded transactions
Zoning & alternative use
CLI · Queensbury, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$18 / 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
$5,213,400
Assessed 2023
Previous assessed
$4,815,600
+8.3% YoY
Assessed land
$383,200
Assessed improvement
$4,830,200
Land market value
$450,823
Improvement market value
$5,682,577
Total market value
$6,133,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1994
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
129,675 SF
Lot
11.15 ac (485,694 SF)
Zoning code
CLI
APN
523400 308.20-1-9.21
UPID
US63-6173066
Jurisdiction
WARREN
Zoning & alternative use
CLI · Queensbury, NY
Zoning CLI · permitted uses
CLI · Queensbury, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Queensbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Cooling
Yes
Stories
1
Lot
11.15 ac
Current owner
From public records · entity-resolved
New Generation Yarn Acqc
Individual
Mailing address
6 ENTERPRISE AVE, HALFMOON, NY 12065-3424
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
—
Native Dev Assoc LLC
—
Deed
related
$1,500,000 · Bank Of Greene County
Jan 14, 2021
—
Native Dev Associates LLC
—
Deed
related
$1,522,190 · Bank Of Greene Cnty
Sep 3, 2019
—
Native Dev Associates LLC
—
Deed
related
$3,605,000 · Bank Of Greene Cnty
Feb 3, 2006
$2,421,000
New Generation Yarn Acqc
Columbia Queensbury Group
Warranty Deed
—
Feb 3, 2006
—
Columbiaqueensbury Group
Counties Of Warren & Wash
Warranty Deed
—
—
—
Native Dev Associates LLC
—
Loan Modification
related
$3,605,000 · Bank Of Greene Cnty
—
—
Native Dev Associates LLC
—
Deed Of Trust
related
$750,094 · Bank Of Greene Cnty
—
—
Native Dev Associates LLC
—
Loan Modification
related
$3,605,000 · Bank Of Greene Cnty
—
—
Native Dev Associates LLC
—
Loan Modification
related
$5,100,000 · Bank Of Greene Cnty
—
—
Native Dev Associates LLC
—
Deed Of Trust
related
$1,522,190 · Bank Of Greene Cnty
—
—
Native Dev Associates LLC
—
Loan Modification
related
$5,100,000 · Bank Of Greene Cnty
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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