Property profile

69 Olympic Dr Lake Placid, NY 12946

OFF-MARKET
Hotels
Property ID
US63-1700328
203,475 SF 8.44 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1980
Total area 203,475 SF
Lot 8.44 ac (367,646 SF)
Zoning code 05 - COMMERCIAL
APN 154001 42.190-1-4.100
UPID US63-1700328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

69 Olympic Dr Lake Placid, NY 12946
Lake Placid metro Census 960501
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.20M
Blend (final) Blend
$9.46M

Owner & transaction history

Zoning & alternative use

05 - COMMERCIAL · 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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