Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    50 L9.1 New York State Rte Ballston Spa, NY 12020

    Sponsored
    For Sale
    Pending
    $250,000

    LAND - Ballston Spa, NY

    Lot size:
    7.81 Acres
    Days on Market:
    239
    Last Refresh:
    Feb 7 at 12:06 pm

    Property Features for 50 L9.1 New York State Rte

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    Mixed
    APN
    412089 228.-1-9.1
    Lot size
    7.81 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Edwin R Hersh
    Edwin R Hersh

    Berkshire Hathaway HomeServices Blake, REALTORS (518) 935-2555

    Listing agent Edwin R Hersh (518) 372-1986 License #30HE0941344

    Listing date Jun 14, 2025

    MLS# 202410092

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Vacant Land in Ballston Spa

    This 7.81-acre vacant lot is located in Ballston Spa, Saratoga County, New York. The property features 295 feet of frontage on Route 50 and 60 feet of frontage on Brookline Road. The zoning is Business Highway 1. All public utilities are available at the road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.858795
    Latitude
    42.97942

    Nearby Similar for Sale

    • New
      $339,000
      Pending

      Two-Family Home Near Ballston Spa

      Well-maintained two-family home with updated features and rental income potential.
      181 South St, Ballston Spa, NY 12020
      View Details
    • $759,000
      Pending

      Mixed-Use Building with Rental Income

      Versatile commercial building with apartments for additional income.
      1118 Middleline Rd, Ballston Spa, NY 12020
      View Details
    • $634,999
      2,400 SF

      Remodeled Salon with Ample Parking

      Fully remodeled salon with parking, equipment, and potential drive-through.
      426 Geyser Rd, Ballston Spa, NY 12020
      View Details
    • $5,900,000
      28,036 SF

      Medical/Professional Building Near I-87

      26,000+ SF medical/professional building in park-like setting near I-87.
      2388 Us-9, Malta, NY 12020
      View Details
    • $2,390,000
      3,360 SF

      New Multifamily Property Near Ballston

      Ten-unit multifamily property built in 2022, walking distance to Ballston Spa.
      486 Garrett Rd, Ballston Spa, NY 12020
      View Details
    • Contact for pricing
      78,000 SF

      Saratoga Area Storage Facility

      78,000 SF storage facility near Saratoga, NY with 683 units.
      75 Brookline Rd, Ballston Spa, NY 12020
      View Details
    • $268,000
      912 SF

      Updated Townhome in Luther Forest

      Updated townhome with modern touches, move-in ready, near Malta's conveniences.
      20 Wake Robin Rd, Malta, NY 12020
      View Details
    • $634,999

      Remodeled Salon with Dog Wash

      Remodeled salon with parking, tanning booths, and dog wash.
      426 Geyser Rd, Ballston Spa, NY 12020
      View Details
    • $325,000
      3,000 SF

      Historic Barn with Finished Apartment

      3000sf barn with apartment in Ballston Spa's Central Business District.
      10 Thompson St, Ballston Spa, NY 12020
      View Details
    • $319,900
      1,184 SF

      Well-Maintained Townhome in Luther Forest

      Townhome with updated features, fenced yard, and convenient location.
      62 Pepperbush Pl, Malta, NY 12020
      View Details
    • $759,000
      8,640 SF

      Versatile Mixed-Use Building For Sale

      Commercial building with apartments, showroom, warehouse, office, and parking.
      1118 Middleline Rd, Ballston Spa, NY 12020
      View Details
    • $274,999
      1,056 SF

      Updated Townhome Near GlobalFoundries

      Updated townhome in Luther Forest, near amenities and GlobalFoundries.
      56 Arrow Wood Pl, Malta, NY 12020
      View Details

    FAQs

    What type of property is this?
    Commercial land - 7.81 acre vacant lot with frontage on Route 50.
    Where is this commercial land located?
    The property is located at 50 L9.1 New York State Rte Ballston Spa, NY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Large 7.81 acre vacant lot.; - High visibility with 295' frontage on Rt 50.; - Additional 60' frontage on Brookline Rd.
    (518) 935-2555
    Request Owner's contact information
    50 L9.1 New York State Rte Ballston Spa, NY 12020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 L9.1 New York State Rte
    Ballston Spa, NY 12020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    50 L9.1 New York State Rte Ballston Spa, NY 12020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Edwin R Hersh
    Edwin R Hersh
    Real Estate License ID: 30HE0941344
    (518) 935-2555
    Learn more
    Google sign-in failed. Please try again or use another login method.