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    Property profile & analytics

    559 Lk Flower Ave Saranac Lake, NY 12983-2465

    • Auto shops
    • 2,550 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US63-3194240
    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

    • Carcuzzi Car Care Center / Auto Repair Shop

    Property Details for 559 Lk Flower Ave

    Year built
    1990
    Lot size
    0.75 lot acres
    Property size
    2,550 SF
    Zone code
    07 - MIXED
    Property type
    Auto shops
    APN
    154003 32.280-3-1.000
    APU
    1540033228031000

    Description

    This exceptional turnkey business opportunity in Saranac Lake, NY, presents a rare chance to acquire an established and highly successful enterprise. Located at 559 Lake Flower Ave, this property offers a 0.75-acre lot and includes the building, all equipment, fixtures, furniture, and inventory. The business boasts a stellar reputation, cultivated over 20 years, and enjoys a loyal customer base. Its prime location along a busy commercial strip provides excellent visibility and accessibility. Neighboring businesses include well-known establishments such as Blue Line Brewery, McDonald's, Aldi's, Saranac Lake Plaza, LaBella's Restaurant, Casa del Sol, and Lake Flower Hyde Mobil. The property's adjacency to village lands and all-season rail trails further enhances its appeal. Financial details are available upon execution of a non-disclosure agreement. This is a truly exceptional opportunity to acquire a thriving business with a proven track record in a desirable location. The asking price for this complete package is $1,290,000. The property is zoned for commercial use and offers immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $375,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $325,000
      Mixed-Use
      $375,000
      Hospitality
      $330,000
      Educational
      $380,000
      Residential Income
      $390,000
      Energy
      $395,000
      Income-Based Land
      $335,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Saranac Lake
    County
    Essex
    State
    New York
    Longitude
    -74.116
    Latitude
    44.3133

    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
    2020
    $4,932
    $79,100
    $122,800
    $201,900
    -
    $79,100
    $122,800
    $201,900

    Comparable in this City

    • Value Estimation by Request
      2,660 SF

      155 Church St

      AUTO REPAIR, GARAGE • 2,660 SF
      155 Church St, Saranac Lake, NY 12983-1843
      View Details
    • Value Estimation
      $315,000
      4,100 SF

      163 Riv St

      AUTO REPAIR, GARAGE • 4,100 SF
      163 Riv St, Saranac Lake, NY 12983-2022
      View Details
    • Value Estimation
      $365,000
      4,998 SF

      71 Bloomingdale Ave

      AUTO REPAIR, GARAGE • 4,998 SF
      71 Bloomingdale Ave, Saranac Lake, NY 12983-1222
      View Details
    • Value Estimation by Request
      2,554 SF

      60 John Munn Rd

      AUTO REPAIR, GARAGE • 2,554 SF
      60 John Munn Rd, Saranac Lake, NY 12983-1341
      View Details
    • Value Estimation
      $505,000
      1,486 SF

      120 Broadway

      AUTO REPAIR, GARAGE • 1,486 SF
      120 Broadway, Saranac Lake, NY 12983-1439
      View Details
    • Value Estimation by Request
      2,184 SF

      91 Broadway

      AUTO REPAIR, GARAGE • 2,184 SF
      91 Broadway, Saranac Lake, NY 12983-1415
      View Details

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    Similar Nearby for Lease

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    • $20 SF/Yr
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    • Contact for pricing
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    Saranac Lake, NY 12983-2465
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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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