Property profile

3940 Lk Shr Dr Diamond Point, NY 12824

OFF-MARKET
Motels
Property ID
US63-0049354
2,580 SF 1.76 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1970
Total area 2,580 SF
Lot 1.76 ac (76,666 SF)
Zoning code TOB
APN 522000 213.13-1-49
UPID US63-0049354

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
  • (Bike/Boat/Book/etc) Store
  • Hotel & Motel

Location

3940 Lk Shr Dr Diamond Point, NY 12824-3011
Diamond Point metro Census 78000 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2023
6 recorded transactions
2023
$3.4M
2016
Price N/A
2007
$4.1M
2007
Price N/A
2005
$1.8M
1969
Price N/A

Zoning & alternative use

TOB · Diamond Point, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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