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    FOR LEASE
    Strip malls

    63 Quaker Rd, Queensbury, NY 12804

    56,873 SF 3.18 ac lot Built 1979
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US63-0548795
    Property summary
    AI-generated overview

    This exceptional 3.18-acre mixed-use property presents a unique investment opportunity in the thriving Queensbury, NY market. Located at 63 Quaker Road, the site offers significant potential for redevelopment or expansion. The existing structures, while not detailed in this listing, provide a solid foundation for a variety of commercial ventures. Given the substantial land area, possibilities range from expanding existing businesses to constructing new buildings tailored to meet current market demands. The property's strategic location within Queensbury ensures high visibility and convenient access to major transportation routes, attracting a diverse customer base. This is an ideal opportunity for investors seeking to capitalize on the growth and development potential of this dynamic area. The absence of specified square footage allows for flexible development plans, catering to a wide range of project scales and scopes. Serious inquiries are encouraged to explore the full potential of this remarkable property and its significant upside. The asking price is to be determined, providing an opportunity for negotiation and a tailored deal. This is a rare chance to acquire a substantial land parcel in a desirable location, ready for your vision. Further due diligence is recommended to fully assess the property's potential and to formulate a comprehensive development strategy.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1979
    Total area 56,873 SF
    Lot 3.18 ac (138,521 SF)
    Zoning code CI
    APN 523400 296.18-1-5
    UPID US63-0548795
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pampered Pups Grooming Pet Grooming Service
    • Sagamore Style Hair Design II Hair Salon Nail Salon
    • The Trendy K9 Pet Grooming Service
    • Julie Snyder, Howard Hanna Real Estate Services Real Estate Agency
    • Sandra Poulos Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.05M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.15M
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    63 Quaker LLC · 9 yrs held
    63 Quaker LLC
    since 2017
    5 recorded transactions
    2020
    2020
    2017
    $3.6M
    1969
    1969
    Zoning & alternative use
    CI · Queensbury, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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