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    Property profile & analytics

    3914 Lk Shr Dr Diamond Point, NY 12824-3011

    • Motels
    • 2,133 SF
    • 2.77 lot acres
    OFF-MARKET
    Value Estimation
    $3,965,000
    Last Sale
    Jan 06, 2022
    $3,450,000
    Location Intelligence
    Property ID
    US63-3668673
    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

    • Flamingo Resort On Lake George / Resort Hotel / Hotel
    • ADK Boat Tours, Waterskiing, Wakeboarding, Surfing, and Tubing / Water Skiing Instructor / Boat Tour Agency

    Property Details for 3914 Lk Shr Dr

    Year built
    1975
    Lot size
    2.77 lot acres
    Property size
    2,133 SF
    Zone code
    TOB
    Property type
    Motels
    APN
    522000 213.13-1-53
    APU
    52200021313153

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,665,000
      6.5%
      $3,090,000
      7%
      $3,640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,845,000
      Geo Method
      $3,325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,545,000
      Retail
      $3,370,000
      Mixed-Use
      $3,310,000
      Hospitality
      $2,965,000
      Educational
      $4,045,000
      Residential Income
      $3,785,000
      Energy
      $3,430,000
      Income-Based Land
      $3,885,000
      Food Service
      $3,195,000

    Location Insight

    • Map
    • Local Demand
    City
    Diamond Point
    County
    Warren
    State
    New York
    Longitude
    -73.6783
    Latitude
    43.4929
    CBSA code
    24020
    CBSA name
    GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

    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
    2021
    $0.00
    $1,965,000
    $1,734,100
    $3,699,100
    -
    $2,620,000
    $2,312,133
    $4,932,133

    Comparable in this City

    • Value Estimation
      $300,000
      3,992 SF

      3842 Lk Shr Dr

      MOTEL • 3,992 SF
      3842 Lk Shr Dr, Diamond Point, NY 12824-3005
      View Details
    • Value Estimation by Request
      4,016 SF

      3716 Lk Shr Dr

      MOTEL • 4,016 SF
      3716 Lk Shr Dr, Diamond Point, NY 12824
      View Details
    • Value Estimation
      $570,000
      3,112 SF

      4623 Lk Shr Dr

      MOTEL • 3,112 SF
      4623 Lk Shr Dr, Diamond Point, NY 12824
      View Details
    • Value Estimation
      $325,000
      492 SF

      4656 Lk Shr Dr

      MOTEL • 492 SF
      4656 Lk Shr Dr, Diamond Point, NY 12824
      View Details
    • Value Estimation by Request
      10,244 SF

      4610 Lk Shr Dr

      MOTEL • 10,244 SF
      4610 Lk Shr Dr, Diamond Point, NY 12824
      View Details
    • Value Estimation by Request
      1,671 SF

      4204 Lk Shr Dr

      MOTEL • 1,671 SF
      4204 Lk Shr Dr, Diamond Point, NY 12824-1802
      View Details

    Similar Nearby for Sale

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      3.16 Acres

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      Private, wooded waterfront lot with lake views and shore access.
      23 Teds Way, Diamond Point, NY 12824
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    • $695,000
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      Trout Lake Shore Building Site

      3.25-acre building site with 235' private shore on Trout Lake.
      26 Teds Way, Diamond Point, NY 12824
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    • $595,000
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      Lakefront Building Lot on Trout

      3.12 acre lakefront building lot with 253' private shore.
      12 Teds Way, Diamond Point, NY 12824
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    Diamond Point, NY 12824-3011
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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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