Property profile

5825 Cascade Rd Lake Placid, NY 12946

FOR SALE
Motel
Property ID
US63-2334551
5,280 SF 1.1 ac lot Built 1975
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Property profile

Verified
Property type Motel
Year built 1975
Total area 5,280 SF
Lot 1.1 ac (47,916 SF)
APN 154089 42.74-4-11.00
UPID US63-2334551

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
  • Hotel & Motel

Location

5825 Cascade Rd Lake Placid, NY 12946
Lake Placid metro
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
by Request

Owner & transaction history

since 2022
Last sale
$775,000
1 recorded transaction
2022
$775,000
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
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