Technical
Financial
Distress signals
Property profile

578 Aviation Rd Queensbury, NY 12804

OFF-MARKET
Community centers
Property ID
US63-5576559
127,125 SF 8.13 ac lot Built 2004
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity presents itself at the Aviation Mall, a prominent shopping center located at 578 Aviation Rd, Queensbury, NY 12804, in Warren County. The property boasts a substantial total building area of 199,520 square feet, offering a diverse range of spaces to suit various business needs. Currently, there are 26 available spaces, ranging from a minimum of 70 square feet to a maximum contiguous space of 95,426 square feet. With a significant 195,943 square feet of vacant space, this presents a unique chance for expansion or new tenancy within a well-established retail environment. The mall's prime location in Queensbury, New York, ensures high visibility and accessibility for customers. The flexible space options cater to a wide array of retail businesses, from small boutiques to large-scale operations. This is an ideal location for businesses seeking a strong presence in a thriving retail market. The property's size and layout provide ample opportunity for customization and tenant build-outs to meet specific requirements. This is a rare opportunity to secure a significant retail footprint in a high-traffic area. The property is available for lease, offering a compelling investment prospect for businesses seeking to establish or expand their presence in the vibrant Queensbury market. Contact us today to learn more about this exceptional retail space.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2004
Total area 127,125 SF
Lot 8.13 ac (354,143 SF)
Zoning code ESC
APN 523400 302.5-1-92.12
UPID US63-5576559

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
  • General Contractor Construction Company
  • Gym & Fitness Center
  • Shopping Center & Mall
  • Restaurant
  • Restaurant

Location

578 Aviation Rd Queensbury, NY 12804-1835
Queensbury metro Census 70701 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$870k

Owner & transaction history

since 2004
1 recorded transaction
2004
$2.5M

Zoning & alternative use

ESC · Queensbury, NY
Zoning description

elopment standards. The standards and requirements set forth in Article 4 of this chapter shall apply to all nonresidential uses in these districts where applicable. B. Commercial districts. (1) Enclosed Shopping Center…

General category MIXED_USE

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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