118 Quaker RdQueensbury, NY 12804

  • Retail properties
  • 1,568 SF
For Lease
$14/SF/YR View listing

Property Details for 118 Quaker Rd

Year built
1991
Lot size
4.22 AC
Property size (Sq ft)
1,568 SF
Zone code
CI
Property type
Retail properties
Property subtype
Strip malls
APN
523400 302.7-1-12
APU
5234003027112

Description

This exceptional retail opportunity presents two available spaces within the thriving Quaker Plaza, a 27,113 square foot neighborhood shopping center located at 118 Quaker Road in Queensbury, New York, zip code 12804. The property boasts a highly desirable location on Quaker Road, situated conveniently between Route 9 and Bay Road, ensuring excellent visibility and accessibility for businesses. The center is anchored by established and reputable tenants including O'Toole's Restaurant, Trustco Bank, and Benson's Pet Center, creating a strong and synergistic retail environment. Two suites are currently available, offering flexible space options ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,086 square feet. A total of 3,586 square feet is currently vacant, providing ample opportunity for expansion or multiple tenant occupancy. The property is located in Warren County, New York, and offers a prime location within a busy retail corridor. This is an ideal investment opportunity for businesses seeking high visibility and strong tenant synergy in a well-established shopping center. The property's strategic location and established tenant base make it an attractive proposition for a variety of retail uses. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $572,588
    6.5%
    $528,543
    7%
    $490,790
  • Comparable approach

    Method
    Valuation
    Relative Method
    $519,755
    Geo Method
    $516,285
  • Alternative Use

    Use
    Valuation
    Residential
    $445,845
    Hospitality
    $408,392
    Educational
    $339,777
    Medical
    $351,463
    Retail
    $528,543
118 Quaker Rd, Queensbury, New York

Location Insight

City
Queensbury
County
Warren
State
New York
Latitude
43.3312
Longitude
-73.6628
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
$12,601
$864,000
$1,312,000
$2,176,000
-
$1,016,471
$1,543,529
$2,560,000

FAQs

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