120 Dix AveGlens Falls, NY 12801

For Lease
$10/SF/YR View listing
  • Auto shops
  • 6,360 SF

Property Details for 120 Dix Ave

Year built
1973
Lot size
0.50 AC
Property size (Sq ft)
6,360 SF
Zone code
GC2
Property type
Auto shops
APN
520500 303.14-1-2
APU
5205003031412

Description

This ±5,400 square foot industrial property, located at 120 Dix Ave in Glens Falls, New York, offers a unique blend of warehouse and flex space ideal for a variety of businesses. Situated in Warren County, this single-tenant property boasts five large grade-level loading doors, providing convenient access for loading and unloading. The space includes a smaller office component, offering a functional area for administrative tasks. Previously occupied by Empire Ambulance, this well-maintained building presents a ready-to-occupy opportunity. The property's ±5,400 square feet provide ample room for storage, manufacturing, or distribution operations. Its convenient location in Glens Falls, NY, zip code 12801, offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property type is classified as industrial, with a subtype of warehouse and flex space. This versatile space is available for lease and presents a compelling opportunity for businesses seeking a functional and well-located industrial property in the Glens Falls area. The property is located at 43.3182274 latitude and -73.6321747 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,322,486
    6.5%
    $2,143,834
    7%
    $1,990,702
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,108,190
    Geo Method
    $2,094,114
  • Alternative Use

    Use
    Valuation
    Residential
    $1,808,404
    Hospitality
    $1,656,488
    Educational
    $1,378,179
    Medical
    $1,425,576
    Retail
    $2,143,834
120 Dix Ave, Glens Falls, New York

Location Insight

City
Glens Falls
County
Warren
State
New York
Latitude
43.3182
Longitude
-73.6323
CBSA code
24020
CBSA name
GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$106,000
$272,000
$378,000
-
$112,766
$289,362
$402,128

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