587 Lake Flower Ave Saranac Lake, NY 12983
Property profile & analytics
587 Lake Flower Ave Saranac Lake, NY 12983
- Grocery and convenience stores
- 19,695 SF
- 3.00 lot acres
Property ID
US63-3194119
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.
Location Intelligence
Current Use by Public Records
- ALDI / Specialty Food Shop / Supermarket
Property Details for 587 Lake Flower Ave
- Year built
- 2018
- Lot size
- 3.00 lot acres
- Property size
- 19,695 SF
- Zone code
- 07 - MIXED
- Property type
- Grocery and convenience stores
- APN
- 154003 32.280-1-2.210
- APU
- 1540033228012210
Description
This exceptional 0.5-acre commercial land parcel is ideally situated in Saranac Lake, New York, at 587 Lake Flower Ave, in Essex County, zip code 12983. The property boasts a prime location adjacent to the newly developed Aldi Supermarket, ensuring high visibility and accessibility for any business. This strategic placement promises a strong potential for high foot traffic, benefiting from the steady stream of customers visiting the neighboring supermarket. The land offers significant advantages for businesses seeking a thriving location within a bustling community. The asking price for this exceptional opportunity is $500,000, translating to a land value of $22.96 per square foot. Its convenient location and proximity to other commercial establishments make it an attractive investment for entrepreneurs looking to establish a successful venture in the heart of Saranac Lake's commercial landscape. This property presents a unique chance to capitalize on the area's strong commercial activity and establish a business with excellent visibility and customer access. The coordinates for this property are latitude 44.3123797 and longitude -74.1152921.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,120,000 Current use
- COMMERCIAL (GENERAL)
- $1,690,000 Change: +51% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,265,000 Change: +13% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,020,000 Change: -9% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Saranac Lake
- County
- Essex
- State
- New York
- Longitude
- -74.1153
- Latitude
- 44.3124
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
$49,197
$470,300
$1,647,300
$2,117,600
-
$470,300
$1,647,300
$2,117,600
