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    FOR SALE
    Retail space

    773 Quaker Rd, Queensbury, NY 12804

    4,764 SF 7.18 ac lot Built 1985
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2663498
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1985
    Total area 4,764 SF
    Lot 7.18 ac (312,761 SF)
    Zoning code CI
    APN 523400 303.15-1-27
    UPID US63-2663498
    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
    • Quaker Farms Food Processing Plant
    • Binley Florist & Garden Center (Bike/Boat/Book/etc) Store Florist
    • AmpUp Charging Station Electric Vehicle Charging Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.02M
    CAP Approach CAP
    $710k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $920k
    Owner & transaction history
    East Huron Street LLC · 3 yrs held
    East Huron Street LLC
    since 2023
    Last sale
    $900,000
    2 recorded transactions
    2023
    $900,000
    2005
    Zoning & alternative use
    CI · Queensbury, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $705,000 +139.9%
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    More about this property
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