Realmo Analytics

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Property profile

2427 Main St 1-303 Lake Placid, NY 12946

OFF-MARKET
Other investment properties
Property ID
US63-3838363
7,595 SF 0.1 ac lot Built 1890
Last sale Jan 2025 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Main Street mixed-use building includes retail space on the street level and apartments in the upper portions. The property contains eight apartments and approximately 2,700 sq. ft. of street-level retail. It is situated on Mirror Lake and has more than 40 feet of waterfront frontage, with views of the lake and mountains from the rear.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$28k
Tax billed · 2020
Assessed value · 2023$1.34M
Assessed land$446k
Assessed improvement$898k
Effective rate2.07%

Value estimate

· Nov 2026
$680k
$612k – $748k
AI approach$475k
Submarket $/SF estimate$884k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$101 – $293
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop11.5
Building Supply11.4
Dental Office10.8

Location

2427 Main St, Unit 1-303 Lake Placid, NY 12946-3373
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44 Hadjis, Lake Placid, NY 12946-1250 $750,000 Jun 2024 6,152 SF
2457 Main, Lake Placid, NY 12946-3301 $477,357 Sep 2023 9,987 SF
2515 Main, Lake Placid, NY 12946-4325 $1,500,000 Mar 2023 7,600 SF
6006 Sentinel, Lake Placid, NY 12946-3502 $535,000 Aug 2021 5,604 SF
75 Wesvalley, Lake Placid, NY 12946-1001 $560,000 Jun 2021 4,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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