Property summary
This exceptional investment opportunity presents two one-acre outparcels ideally situated on a signalized corner in Queensbury, NY, at the intersection of Quaker Road and Dix Avenue. The property boasts a prime location with excellent visibility and high traffic counts, ensuring maximum exposure for any commercial venture. Currently zoned for commercial use, these lots offer significant potential for quick-service restaurants (QSR) and other retail establishments. The land is directly adjacent to a newly constructed Taco Bell, further enhancing its desirability and demonstrating the area's strong commercial appeal. Across the street, the presence of established businesses like Stewart's Shops and McDonald's underscores the robust consumer base and consistent foot traffic in this thriving location. The proximity to a Dunkin' Donuts further solidifies the area's suitability for similar businesses. The combined lot size ranges from one to six acres, providing flexibility for various development plans. This Class A property offers an absolute NNN lease type, with a multi-tenancy structure and a current occupancy rate of 50%. The total square footage available ranges from 43,000 to 240,000 square feet, catering to a wide range of development needs. This fee-simple ownership opportunity is perfect for investors seeking a high-return, strategically located retail investment in a rapidly growing market. The property's location and existing infrastructure make it an attractive proposition for developers and investors alike.
Property profile
VerifiedCap rate & NOI
Current use
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Food Processing Plant
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(Bike/Boat/Book/etc) Store Florist
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Electric Vehicle Charging Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Commercial Intensive (CI), Commercial Intensive Exit 18 (CI-18) and Commercial Moderate (CM) Zones. [Amended 1-28-2011 by L.L. No. 2-2011 ; 4-18-2016 by L.L. No. 3-2016 ] A. Design districts. (1) Route 9 North District:…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
CI · Queensbury, NYCommercial Intensive (CI), Commercial Intensive Exit 18 (CI-18) and Commercial Moderate (CM) Zones. [Amended 1-28-2011 by L.L. No. 2-2011 ; 4-18-2016 by L.L. No. 3-2016 ] A. Design districts. (1) Route 9 North District:…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Commercial Intensive (CI), Commercial Intensive Exit 18 (CI-18) and Commercial Moderate (CM) Zones. [Amended 1-28-2011 by L.L. No. 2-2011 ; 4-18-2016 by L.L. No. 3-2016 ] A. Design districts. (1) Route 9 North District:…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CI in Queensbury, NY.
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Find the owner behind the property.
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