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Property profile & analytics
OFF-MARKET Estimated value $1,025,000
Office buildings

41 Western Ave Glens Falls, NY 12801-3313

8,855 SF 0.79 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US63-0631839
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1986
Total area 8,855 SF
Lot 0.79 ac (34,380 SF)
Zoning code R-1B
APN 520500 309.7-10-31
UPID US63-0631839
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
  • Drs. Kline and Boyd OPTOMETRISTS, PLLC. Physician
  • Carolee R. Boyd, OD Physician
  • DAWN S. CHIVERS, OD Physician
  • Roy Kline Physician
  • Punit Jain Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.03M
Owner & transaction history
41 S Western Ave LLC · 4 yrs held
41 S Western Ave LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
R-1B · Glens Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The boundary of the Single-Family Moderate-Density Residential District (R-1B) that currently exists on the east side of Geer Street is revoked and the new boundary of the R-1B Zone shall continue along the center of Geer Street from the place on the northernmost boundary of the Multiple-Family Residential District (R-M) Zone where the R-1B Zone intersects w…

Zone name Single Family Moderate Density Residential
General category RESIDENTIAL
Zone area 841.93 ac
Top alternative use upside
Restaurant $1.6M +31.1%
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