3 Highland Ave Queensbury, NY 12804
Automotive properties
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Entity Owned
Absentee Owner
Free & Clear
For Sale
1 / 3
$2,900,000
3 Highland Ave, Queensbury, NY 12804
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Estimated value (blended)
$610k
Range $549k – $671k (±10%)
Property ID
US63-2575717
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1991
Total area
54,951 SF
Lot
3.79 ac (165,092 SF)
Zoning code
CLI
APN
523400 303.19-1-62
UPID
US63-2575717
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
-
Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Zoning & alternative use
CLI · Queensbury, NY
Zoning description
Commercial-Light Industrial. The purpose of the Commercial-Light Industrial (CLI) District is to provide for mixed commercial and light industrial uses in order to maximize utilization of this area of the Town that will…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$610k
Value range
$549k – $671k
±10% around blend
Estimated value / SF
$11 / SF
Confidence
Property data
88
Comparable evidence
60
Income certainty
100
$549k
blend $610k
$671k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
54,951 SF
Lot area
3.79 ac
Year built
1991
Stories
2
APN
523400 303.19-1-62
Assessed value
$2,073,200
Annual tax
$12,704
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$12,704
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$610k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
9.06%
Selected cap rate for this automotive properties
Derived from the Queensbury market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.06%
9.0%
NOI (est.)
$263k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.90M
Move the market yield to see immediate price impact.
Value / SF
$53
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.56%9.06%9.56%
$237k
$2.76M
$2.61M
$2.47M
$263k
$3.07M
$2.90M
$2.75M
$289k
$3.38M
$3.19M
$3.02M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$12,704
Tax year 2021
Assessed value
$2,073,200
Assessed 2023
Previous assessed
$2,073,200
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$295,300
Assessed improvement
$1,777,900
Land market value
$347,418
Improvement market value
$2,091,682
Total market value
$2,439,100
Applied tax rate
523,402.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
For Sale
Year built
1991
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
54,951 SF
Lot
3.79 ac (165,092 SF)
Zoning code
CLI
APN
523400 303.19-1-62
UPID
US63-2575717
Jurisdiction
WARREN
Zoning & alternative use
CLI · Queensbury, NYZoning CLI · permitted uses
CLI · Queensbury, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Commercial-Light Industrial. The purpose of the Commercial-Light Industrial (CLI) District is to provide for mixed commercial and light industrial uses in order to maximize utilization of this area of the Town that will…
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
3.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CLI
INDUSTRIAL
Jurisdiction
Queensbury, NY
Recorded code
CLI
Official district
CLI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CLI in Queensbury, NY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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