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    FOR LEASE
    Office buildings

    339 Aviation Rd, Queensbury, NY 12804

    5,295 SF 0.78 ac lot Built 2003
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-0349356
    Property summary
    AI-generated overview

    This exceptional 0.78-acre parcel of land, located at 339 Aviation Road, Unit 339, in Queensbury, New York, presents a unique opportunity for developers and investors. The property's expansive size offers significant potential for a variety of commercial ventures. Its strategic location in Queensbury provides easy access to major transportation routes, ensuring convenient logistics and accessibility for businesses. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific needs and maximizing return on investment. This blank canvas presents a chance to create a state-of-the-art facility, perfectly suited for industrial, warehousing, or light manufacturing purposes. The property's zoning regulations should be independently verified to ensure compliance with intended use. Given its size and location, this land parcel represents a rare and valuable opportunity in the thriving Queensbury market. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this prime commercial real estate asset. The property is being offered at a price to be determined, reflecting the significant development potential. Interested parties are invited to submit offers. Further details regarding the property's specifics are available upon request. Don't miss this chance to acquire a highly desirable piece of land in a rapidly growing area.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 2003
    Total area 5,295 SF
    Lot 0.78 ac (33,977 SF)
    Zoning code NC
    APN 523400 301.8-1-32
    UPID US63-0349356
    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
    • Richard E Jones Associates Architect
    • Discount Tire Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $917k
    Blend (final) Blend
    $765k
    Owner & transaction history
    Mountainview Commons LLC · 8 yrs held
    Mountainview Commons LLC
    since 2018
    1 recorded transaction
    2018
    Zoning & alternative use
    NC · Queensbury, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $970,000 +31.1%
    Commercial (general) $905,000 +22.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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