Property profile

5920 Cascade Rd Lake Placid, NY 12946

OFF-MARKET
Hotels
Property ID
US63-2068207
73,774 SF 2.31 ac lot Built 2006
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 2006
Total area 73,774 SF
Lot 2.31 ac (100,624 SF)
Zoning code 07 - MIXED
APN 154001 42.272-3-3.000
UPID US63-2068207

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
  • Parking Lot & Garage
  • Atm

Location

5920 Cascade Rd Lake Placid, NY 12946-3488
Lake Placid metro Census 960502
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.08M
Blend (final) Blend
$3.72M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

07 - MIXED · Lake Placid, 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
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