Technical
Financial
Distress signals
Property profile

909 State Rte 9th 9 Queensbury, NY 12804

OFF-MARKET
Community centers
Property ID
US63-1926791
6,947 SF 1.41 ac lot Built 1987
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of approximately 9,200 square feet and is configured to support retail uses, including potential drive-through functionality. It is positioned within a planned plaza setting with the option for a drive-through and is located in the vicinity of a Walmart parking lot, next to a wine and liquor store, and near Northway Plaza. The site has convenient access to I-87 via Exit 19 and is suited for uses such as drive-through restaurants, restaurants, and general retail, including individually oriented retail spaces.

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

Location

909 State Rte 9th 9 Queensbury, NY 12804-1367
Queensbury metro Census 70701 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2017
7 recorded transactions
2017
$1.2M
2017
Price N/A
2015
Price N/A
2014
Price N/A
2013
Price N/A
2012
Price N/A
2011
Price N/A

Zoning & alternative use

CI · Queensbury, NY
Zoning description

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:…

General category COMMERCIAL

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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