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Financial
Distress signals
Property profile

3 Lk Ave Lake George, NY 12845

OFF-MARKET
Motels
Property ID
US63-2172367
7,608 SF 0.92 ac lot Built 1955
Last sale Apr 2011 · $1,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a Lake George, New York motel configured for lodging, featuring 42 guest rooms and suites and two two-bedroom apartments with full kitchens. It includes an outdoor swimming pool and an accommodation mix that combines standard motel-style units with larger apartment-style lodging formats within the same hospitality property. The site is located in Lake George and is positioned near local amenities such as shopping, restaurants, beaches, and nearby attractions, including yachting-related options.

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

What does the county charge?
Assessed value · 2023$1.54M
Assessed land$297k
Assessed improvement$1.24M

Value estimate

· Oct 2026
$1.01M
$905k – $1.11M
CAP approach$900k
Submarket $/SF estimate$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$263/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$121 – $517

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWARREN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply12.1
Auto Repair Shop11.4
HVAC Service10.1

Location

3 Lk Ave Lake George, NY 12845-1005
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2249 State Rte 9th, Lake George, NY 12845 $2,000,000 Jan 2025 10,624 SF
444 Canada, Lake George, NY 12845-1023 $1,250,000 Dec 2023 10,274 SF
45 Gage, Lake George, NY 12845-6129 $650,000 Feb 2023 5,900 SF
2257 State Rte 9th, Lake George, NY 12845 $800,000 Feb 2023 6,500 SF
Rt 9th, Lake George, NY 12845 $1,450,000 Jun 2022 5,587 SF
3678 Lk Shr, Lake George, NY 12845-6717 $3,200,000 Jun 2021 7,973 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
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