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Property profile & analytics
FOR LEASE
Community centers
909 State Route 9 Queensbury, NY 12804
Entity Owned
9-yr Hold
Free & Clear
Property ID
US63-1926791
For Lease
1 / 2
Contact for pricing
909 State Route 9, Queensbury, NY 12804
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1987
Total area
6,947 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CI
APN
523400 296.17-1-38
UPID
US63-1926791
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Queensbury Square LLC · 9 yrs held
Queensbury Square LLC
since 2017
7 recorded transactions
Zoning & alternative use
CI · Queensbury, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Queensbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Queensbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$4,656
Tax year 2021
Assessed value
$731,000
Assessed 2023
Previous assessed
$557,000
+31.2% YoY
Effective rate
0.64%
On assessed value
Assessed land
$302,000
Assessed improvement
$429,000
Land market value
$355,294
Improvement market value
$504,706
Total market value
$860,000
Applied tax rate
523,402.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1987
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
6,947 SF
Lot
1.41 ac (61,420 SF)
Zoning code
CI
APN
523400 296.17-1-38
UPID
US63-1926791
Jurisdiction
WARREN
Zoning & alternative use
CI · Queensbury, NY
Zoning CI · permitted uses
CI · Queensbury, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Queensbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Queensbury Square LLC
Entity
Free & Clear · 9 yrs held
Mailing address
909 STATE RTE 9TH 9, QUEENSBURY, NY 12804-1367
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2017
$1,150,000
Queensbury Square LLC
Ling,hip Y & Bernadette F S
Warranty Deed
—
May 9, 2017
—
Fung M Ling
Ellis,john
Quit Claim Deed
related
—
May 15, 2015
—
Fung M Ellis
Ellis,john
Quit Claim Deed
related
—
Jun 10, 2014
—
Fung M Ellis
Ellis,john
Quit Claim Deed
related
—
Jun 14, 2013
—
Hip Y Ling
Ling,yuet H
Quit Claim Deed
related
—
Apr 18, 2012
—
Hip Y Ling
Ling,yuet H
Quit Claim Deed
related
—
Mar 11, 2011
—
Hip Y Ling
Ling,yuet H
Quit Claim Deed
related
—
Jun 1, 2010
—
Hip Y Ling
Ling,yuet H
Quit Claim Deed
related
—
Jan 23, 2007
—
Yuet H Ling
Ling,yuet Hon
Quit Claim Deed
related
—
Dec 29, 2006
—
Yuet H Ling
Ling,yuet H
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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