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    Property profile & analytics

    40 Main St South Glens Falls, NY 12803-4731

    • Investment properties
    • 5,387 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US63-0053259
    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

    • Sorrentino's Delicatessen & Market / Supermarket / Butcher Shop Deli
    • TEASE Salon And Beauty Bar / Hair Salon
    • Pacyna Edward J / Massage Therapist
    • Dragonfly Massage Therapy / Massage Therapist

    Property Details for 40 Main St

    Year built
    1981
    Lot size
    0.54 lot acres
    Property size
    5,387 SF
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    414401 37.45-1-27.1
    APU
    41440137451271

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $380,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $405,000
      Mixed-Use
      $420,000
      Hospitality
      $385,000
      Educational
      $405,000
      Residential Income
      $350,000
      Energy
      $405,000
      Income-Based Land
      $360,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    South Glens Falls
    County
    Saratoga
    State
    New York
    Longitude
    -73.6392
    Latitude
    43.3029
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, 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
    0
    $0.00
    $116,100
    $388,900
    $505,000
    -
    $116,100
    $388,900
    $505,000

    Comparable in this City

    • Value Estimation
      $330,000
      5,040 SF

      83 Main St

      STORE/OFFICE (MIXED USE) • 5,040 SF
      83 Main St, South Glens Falls, NY 12803
      View Details
    • Value Estimation
      $295,000
      3,500 SF

      126 Saratoga Ave

      STORE/OFFICE (MIXED USE) • 3,500 SF
      126 Saratoga Ave, South Glens Falls, NY 12803-5263
      View Details
    • Value Estimation by Request
      700 SF

      49 Main St

      STORE/OFFICE (MIXED USE) • 700 SF
      49 Main St, South Glens Falls, NY 12803-4705
      View Details
    • Value Estimation by Request
      2,112 SF

      239 Fry Blvd

      STORE/OFFICE (MIXED USE) • 2,112 SF
      239 Fry Blvd, South Glens Falls, NY 12803
      View Details
    • Value Estimation
      $185,000
      480 SF

      132 Saratoga Ave

      STORE/OFFICE (MIXED USE) • 480 SF
      132 Saratoga Ave, South Glens Falls, NY 12803-5263
      View Details
    • Value Estimation
      $110,000
      3,503 SF

      137 Saratoga Ave

      STORE/OFFICE (MIXED USE) • 3,503 SF
      137 Saratoga Ave, South Glens Falls, NY 12803-5265
      View Details

    Similar Nearby for Sale

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      10.24 Acres, LI-C Zoning, Prime Location
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      Moreau Commercial Property on Route 9

      3240 sqft commercial space on 0.54 acres with high visibility.
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    • $859,999
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      Turn-Key Restaurant Opportunity

      Established pizzeria and ice cream business for sale.
      75 Saratoga Ave, South Glens Falls, NY 12803
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    • $275,000
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      Commercial Land in South Glens Falls

      1.15 acre commercial lot with high traffic exposure.
      110-112 Saratoga Ave, South Glens Falls, NY 12803
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    • $349,000

      Commercial Lot Near Glens Falls

      Vacant commercial land with drive-thru potential near Glens Falls.
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      South Glens Falls Multifamily Property

      Multifamily property in great location with long-term tenants.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      62,278 SF

      Grocery Anchored Retail Space

      High visibility shopping center at a primary intersection.
      27-41 Gansevoort Rd, South Glens Falls, NY 12803
      View Details
    • $3,600 /Mo
      4,316 SF

      Versatile Flex Space on Route 9

      Office/flex space with overhead doors, suitable for various businesses.
      1638 Route 9, South Glens Falls, NY 12803
      View Details
    • Contact for pricing
      2,000 SF

      Landmark Shopping Center Space

      Retail space in high-traffic shopping center, great exposure.
      42-114 Main St, South Glens Falls, NY 12803
      View Details
    • $9 SF/Yr
      11,982 SF

      South Glens Falls Retail Space

      Prime retail suites, 864-4650 sq ft.
      131 Saratoga Ave, South Glens Falls, NY 12803
      View Details
    • $16 SF/Yr
      56,682 SF

      Retail Suites in Leased Plaza

      Retail suites with storefront glass in a fully leased plaza.
      112 Main St, South Glens Falls, NY 12803
      View Details
    • $12 SF/Yr
      2,800 SF

      Gansevoort Road Retail Space

      Prime South Glens Falls Retail Opportunity
      27 Gansevoort Rd, South Glens Falls, NY 12803
      View Details
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    South Glens Falls, NY 12803-4731
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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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