Property profile

2548 Main St Lake Placid, NY 12946

OFF-MARKET
Hotels
Property ID
US63-2545838
6,244 SF 0.67 ac lot Built 1940
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1940
Total area 6,244 SF
Lot 0.67 ac (29,185 SF)
Zoning code 07 - MIXED
APN 154001 42.174-5-12.000
UPID US63-2545838

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
  • Hotel & Motel
  • Public Bathroom

Location

2548 Main St Lake Placid, NY 12946-3303
Lake Placid metro Census 960501
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2016
3 recorded transactions
2016
$1.3M
2016
Price N/A
2016
Price N/A

Zoning & alternative use

07 - MIXED · 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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