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    7 Saratoga Ave Ballston Spa, NY 12020

    View on Map
    Sponsored
    For Sale
    $675,000

    COMMERCIAL - Other - Ballston Spa, NY

    Property size:
    3,328 SF
    Lot size:
    0.28 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 11 at 3:06 pm

    Property Features for 7 Saratoga Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    414201 203.80-2-44
    Parking
    30
    Parking features
    Garage, Off Street
    Exterior features
    Lighting
    Size
    3,328 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    2
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Asphalt
    Architectural style
    Other
    Additional Structures
    Outbuilding

    We can help!

    Listing Contact
    Julia Audi
    Julia Audi

    Howard Hanna Real Estate Services (518) 348-7100

    Listing agent Julia Audi (518) 428-1733 License #10401323566

    Listing date Mar 11, 2026

    MLS# 202613135

    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.

    Learn more

    Property Insight Report

    Overview

    Turnkey Auto Repair Business Opportunity

    This commercial property, located in Ballston Spa, NY, presents a turnkey auto repair business opportunity. Situated in a prime commercial location within the Central Business District, the property benefits from high visibility on a highly trafficked route. The site includes over 30 parking spots. The 3,328 square foot building features a large front lobby and storage room, along with a private office upstairs. The property is equipped with three large bays with lifts suitable for auto repair, and glass doors that provide bright workspace. The sale includes a large customer base, POS system, and all tools and equipment, excluding mechanics' personal tools. The fully loaded mechanic shop includes a tire machine, A/C recharge, fluid evac equipment, and diagnostic equipment. Industry-specific business software, including inventory and bookkeeping systems, is also included. The property is zoned commercial and sits on a 0.28-acre lot. The seller will consider lease and some owner financing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quality Foreign Car ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Quality Foreign Car Care Inc, Jim's Garage, Fat Boyz Kustomz, Generations Auto Repair, Hearn Automotive Redesign

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.849306
    Latitude
    43.00926

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with auto repair business for sale in Ballston Spa.
    Where is this auto shop located?
    The property is located at 7 Saratoga Ave Ballston Spa, NY.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime commercial location in Central Business District with high traffic visibility on Rt 50.; - Turnkey auto repair business with existing customer base, POS system, and included tools/equipment (excluding mechanics' personal tools).; - Fully loaded mechanic shop with tire machine, A/C recharge, fluid evac equipment, and diagnostic equipment.
    (518) 428-1733
    Request Owner's contact information
    7 Saratoga Ave Ballston Spa, NY 12020
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    Ballston Spa, NY 12020
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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.

    More about this property
    7 Saratoga Ave Ballston Spa, NY 12020
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    We can help!
    Listing Contact
    Julia Audi
    Julia Audi
    Real Estate License ID: 10401323566
    (518) 428-1733
    Learn more
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