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    Property profile & analytics

    2748 Essex Rd Essex, NY 12936

    • Investment properties
    • 3,080 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Mar 29, 2022
    $305,000
    Location Intelligence
    Property ID
    US63-3256374
    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

    • Investment properties

    Property Details for 2748 Essex Rd

    Year built
    1930
    Lot size
    0.13 lot acres
    Property size
    3,080 SF
    Zone code
    07 - MIXED
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    152600 40.65-3-6.000
    APU
    152600406536000

    Description

    This meticulously restored 1800s bluestone building in Essex, NY, presents a rare opportunity to acquire a thriving business and stunning residence. The 3,080 square foot property sits on a 0.13-acre lot and is currently operating as a successful year-round tavern, featuring regular live music and entertainment. The main floor offers a spacious, open layout ideal for a restaurant, bar, or retail establishment. Upstairs, a newly renovated two-story apartment provides breathtaking panoramic views of Lake Champlain, complete with a private balcony perfect for enjoying sunrises. This versatile property offers numerous possibilities, from continuing the established tavern business to establishing a new venture in the existing commercial space, all while enjoying luxurious lakefront living. Its prime location offers easy access to the Vermont ferry, is within 45 minutes of Lake Placid, and only 90 miles from Montreal. This is a chance to own a piece of Essex history and a vibrant, established business, all in one exceptional package. The asking price is $1,200,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $320,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $355,000
      Mixed-Use
      $310,000
      Hospitality
      $270,000
      Educational
      $355,000
      Residential Income
      $255,000
      Energy
      $345,000
      Income-Based Land
      $325,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Essex
    State
    New York
    Longitude
    -73.3514
    Latitude
    44.3099

    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
    2020
    $7,344
    $97,500
    $289,600
    $387,100
    -
    $97,500
    $289,600
    $387,100

    Comparable in this City

    • Value Estimation
      $290,000
      3,198 SF

      2278 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,198 SF
      2278 Main St, Essex, NY 12936
      View Details
    • Value Estimation
      $265,000
      1,628 SF

      2312 Main St, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE) • 1,628 SF
      2312 Main St, Essex, NY 12936
      View Details
    • Value Estimation
      $385,000
      1,312 SF

      2314 Main St, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE) • 1,312 SF
      2314 Main St, Essex, NY 12936
      View Details
    • Value Estimation
      $190,000
      4,402 SF

      2728 Nys Rte 22

      OFFICE/RESIDENTIAL (MIXED USE) • 4,402 SF
      2728 Nys Rte 22, Essex, NY 12936
      View Details
    • Value Estimation
      $425,000
      3,672 SF

      2310 Main St, Unit 1

      OFFICE/RESIDENTIAL (MIXED USE) • 3,672 SF
      2310 Main St, Essex, NY 12936
      View Details
    • Value Estimation
      $235,000
      3,750 SF

      2750 Essex Rd, Unit 1-4

      OFFICE/RESIDENTIAL (MIXED USE) • 3,750 SF
      2750 Essex Rd, Essex, NY 12936
      View Details

    Similar Nearby for Sale

    • $1,150,000
      8,000 SF

      Versatile Commercial Property Near Essex Ferry

      New construction with commercial space and residential potential near Essex.
      1502 Ny-22, Essex, NY 12936
      View Details
    • $1,500,000
      0.56 Acres

      Picturesque Essex Marina on Lake Champlain

      Marina with docks, boat houses, and potential for various services.
      2272 Main St, Essex, NY 12936
      View Details
    • $1,500,000
      2,405 SF

      Picturesque Essex Marina on Lake Champlain

      Marina with docks, boat houses, and potential for various services.
      2272 Main St, Essex, NY 12936
      View Details
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    2748 Essex Rd
    Essex, NY 12936
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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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