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    Medical Office Suite with 9-Foot Ceilings Title is generated by Realmo AI

    1524 U.S 9, Halfmoon, NY 12065

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    For Lease
    $2,000/Mo $4 SF/Yr (calc)

    COMMERCIAL - Other - Halfmoon, NY

    Type:Office
    Property size:
    4,995 SF
    Lot size:
    1.08 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 1524 U.S 9

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    6
    Parking features
    Off Street
    Interior features
    High Speed Internet
    Exterior features
    Lighting
    Standard status
    Active
    APN
    413800 278.4-3-28
    Size
    4,995 SF
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    26901

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1989
    Flooring type
    Laminate, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Ferdinando Bruno
    Ferdinando Bruno

    Listing agent Ferdinando Bruno License #10491208177

    Listing office REMAX Solutions 800 Route 146, Ste. 120, Clifton Park, NY

    Listing date Apr 16, 2026

    MLS# 202615200

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Move‑in‑ready +/- 1,200 SF office suite in a medical building on Route 9 in Halfmoon
    • Suite includes an open 11' x 14' reception area and 4 offices, including 12' x 11', 12' x 10', and two 12' x 8' offices
    • ADA bathroom and rear break room area, plus 9' ceilings and lots of natural light
    • Direct access from the parking area; off‑street parking with space for road‑front building signage and Executive Park pylon sign space (extra cost)
    • Heating and cooling: forced air with natural gas and central air; high‑speed internet available
    • Built in 1989; public water and public sewer; asphalt shingle roof and vinyl siding

    Overview

    A +/- 1,200 SF office suite in a medical building, currently vacant and move-in ready. The layout includes an open 11’ x 14’ reception area and four offices, including one 12’ x 11’, one 12’ x 10’, and two offices at 12’ x 8’, all with windows. A rear ADA bathroom and break room area support day-to-day operations. The suite offers 9’ ceilings and abundant natural light.

    The suite is accessible directly from the parking area. It benefits from visibility on Route 9 in Halfmoon, with space available on a road front building sign and additional Executive Park pylon sign space available at an extra cost.

    This configuration is well suited for medical-related practices and professional office users seeking a turn-key suite with defined private offices, a reception area for patient or client intake, and convenient on-site parking access. The offering is for rent with utilities in addition to base rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Similar Places Nearby

    • Animal Control Office — 5 Municipal Plaza #1, Clifton Park, NY 12065
    • Banfield Pet Hospital — 19 Clifton Country Rd, Clifton Park, NY 12065

    Map

    City
    Halfmoon
    County
    Saratoga
    State
    New York
    Longitude
    -73.746392
    Latitude
    42.841436

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    FAQs

    What type of property is this?
    Medical Office Space - Move-in-ready office suite in a medical building, with direct parking access and a reception plus multiple windowed offices.
    Where is this medical office space located?
    The property is located at 1524 U.S 9 Halfmoon, NY.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Move‑in‑ready +/- 1,200 SF office suite in a medical building on Route 9 in Halfmoon; Suite includes an open 11' x 14' reception area and 4 offices, including 12' x 11', 12' x 10', and two 12' x 8' offices; ADA bathroom and rear break room area, plus 9' ceilings and lots of natural light
    (518) 225-3538
    We can help!
    Listing Contact
    Ferdinando Bruno
    Ferdinando Bruno
    Real Estate License ID: 10491208177
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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