Property profile

940 State Rte 9th 9 Queensbury, NY 12804

OFF-MARKET
Turn key restaurants
Property ID
US63-1807219
4,530 SF 0.49 ac lot Built 1949
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1949
Total area 4,530 SF
Lot 0.49 ac (21,344 SF)
Zoning code CM
APN 523400 296.13-1-11
UPID US63-1807219

Cap rate & NOI

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

Location

940 State Rte 9th 9 Queensbury, NY 12804-1320
Queensbury metro Census 70701 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2014
3 recorded transactions
2014
$590,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CM · 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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