Property profile

4921 Lake Shore Dr Bolton Landing, NY 12814

FOR SALE
Investment properties
Property ID
US63-6076758
640 SF 0.52 ac lot Built 1968
Individually Owned 22-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 4921 Lake Shore Drive in Bolton Landing, NY (zip code 12814), presents a rare investment opportunity. Situated on a spacious 0.52-acre lot, this established retail/garden center boasts a main building and five additional sheds of varying sizes, plus three greenhouses. The property benefits from a highly visible location on Lake Shore Drive, welcoming traffic from Lake George Village and Diamond Point. The existing business, operating for 30 years, enjoys a strong reputation and seasonal operation (6-8 months annually). Features include 200-amp service, public water and sewer, and five on-site parking spaces. The property is zoned Commercial General Business (GB5000) and Residential Medium Density (RM1.3). Heating systems include baseboard, electric, and a leased propane tank radiant system; cooling is provided by window units. Exterior features include Tex 11 and wood siding, landscaping, and exterior lighting. The interior offers high-speed internet access. The asking price is $1,125,000, with estimated annual property taxes of $2,776. This turnkey operation offers significant potential for growth and expansion. The sale includes all existing improvements on the lot. The property is located within the Bolton School District in Warren County, New York.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1968
Total area 640 SF
Lot 0.52 ac (22,651 SF)
Zoning code TOB
APN 522000 171.19-1-62
UPID US63-6076758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4921 Lake Shore Dr Bolton Landing, NY 12814
Bolton Landing metro Census 78000 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2004
1 recorded transaction
2004
$275,000

Zoning & alternative use

TOB · Bolton Landing, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message