New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,405,000
Warehouses
308 Dix Ave, Queensbury, NY 12804-3932
Entity Owned
7-yr Hold
Free & Clear
Property ID
US63-1257064
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1993
Total area
176,238 SF
Lot
28.98 ac (1,262,369 SF)
Zoning code
CLI
APN
523400 303.19-1-71
UPID
US63-1257064
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sears Heating and Air Conditioning HVAC Service General Contractor
-
Trailer Hitches at U-Haul Auto Parts Store
-
Truck Rental at U-Haul Moving Company
-
Trailer Rental at U-Haul (Bike/Boat/Book/etc) Store Rental Equipment Company
-
U-Box at U-Haul Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.41M
Owner & transaction history
Arec 34 LLC · 7 yrs held
Arec 34 LLC
since 2019
3 recorded transactions
Zoning & alternative use
CLI · Queensbury, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Queensbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queensbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$31 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$44,262
Tax year 2021
Assessed value
$7,352,200
Assessed 2023
Previous assessed
$7,352,200
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,054,800
Assessed improvement
$6,297,400
Land market value
$1,240,934
Improvement market value
$7,408,666
Total market value
$8,649,600
Applied tax rate
523,402.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
1993
Heating
NONE
Cooling
CENTRAL
Buildings
9
Stories
1
Total area
176,238 SF
Lot
28.98 ac (1,262,369 SF)
Zoning code
CLI
APN
523400 303.19-1-71
UPID
US63-1257064
Jurisdiction
WARREN
Zoning & alternative use
CLI · Queensbury, NY
Zoning CLI · permitted uses
CLI · Queensbury, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Queensbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Cooling
Yes
Stories
1
Buildings
9
Lot
28.98 ac
Current owner
From public records · entity-resolved
Arec 34 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2019
—
Arec 34 LLC
Src Facilities LLC
Grant Deed
related
—
Mar 19, 2018
—
Src Facilities LLC
—
Trustees Deed
related
$200,000,000 · Ubs Ag
Nov 14, 2017
—
U S Bank Trust National Associ
K Mart Corp
Grant Deed
related
$13,720 · Wells Fargo Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 308 Dix Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
