Property profile

2527 Main St Ste 1 Lake Placid, NY 12946

OFF-MARKET
Hotels
Property ID
US63-2615202
71,597 SF 1.8 ac lot Built 1975
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1975
Total area 71,597 SF
Lot 1.8 ac (78,408 SF)
Zoning code 05 - COMMERCIAL
APN 154001 42.175-1-13.000
UPID US63-2615202

Cap rate & NOI

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

Location

2527 Main St Ste, Unit 1 Lake Placid, NY 12946-3356
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
$3.86M
Blend (final) Blend
$4.59M

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

Zoning & alternative use

05 - COMMERCIAL · 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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