2452 Rt 9nLake George, NY 12845

  • Motels
  • 35,696 SF
Off market
$3,300,000 Estimated

Property Details for 2452 Rt 9n

Year built
1987
Lot size
3.17 AC
Property size (Sq ft)
35,696 SF
Zone code
05 - COMMERCIAL
Property type
Motels
APN
522289 264.04-1-23.1
APU
522289264041231

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,071,934
    6.5%
    $9,297,169
    7%
    $8,633,086
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,034,166
    Geo Method
    $10,960,492
  • Alternative Use

    Use
    Valuation
    Residential
    $10,149,808
    Hospitality
    $9,297,169
    Educational
    $7,735,136
    Medical
    $8,001,159
    Retail
    $12,032,434
2452 Rt 9n, Lake George, New York

Location Insight

City
Lake George
County
Warren
State
New York
Latitude
43.4033
Longitude
-73.7099
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
-
$841,500
$2,458,500
$3,300,000
-
$1,001,786
$2,926,785
$3,928,571

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