Light Industrial Warehouse with Drive-In
For Sale
Contact for pricing
1 Charlton Road #106, Ballston Spa, NY 12020
Climate-controlled space combines warehouse capacity with dedicated electrical service and a half bath.
Property Size2,460 SF
Price / SF$0.01
Days on Market58
Property Features for 1 Charlton Road #106
General Information
Standard status
Active
Size
2,460 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
1
Power
200 amps
Additional Details
Property Use
Light Industrial
Building Details
Year Built
1994
Listing Agency:
KW Platform
(518) 724-5800
Listed By:
Meghan O'Connor · License #10301218484
(518) 796-4395
Source:
Simplywoodardrealestate
Added: Sep 8
Changed: Nov 3
Last Checked: Nov 3 at 8:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Platform
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Investment Insights
Based on property information with market context.
This 2,460-square-foot light industrial space includes warehouse area with 14-foot ceilings, a 12-foot overhead drive-in door, and 200-amp electrical service. HVAC with air conditioning and a half bath are also in place, along with on-site parking. The building dates to 1994.
The property is at Charlton Road and Route 50 in Ballston Spa, New York. The lease structure is NNN.
The property is at Charlton Road and Route 50 in Ballston Spa, New York. The lease structure is NNN.
Key Highlights
- 2,460 SF of light industrial warehouse space
- 12' overhead drive‑in door and 14' warehouse ceilings
- 200‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,475
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,500
$369.5K
Cap Rate 7%
$263,929
$263.9K
Cap Rate 9%
$205,278
$205.3K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$23.3K $9.48/SF
− Vacancy
−$1.6K −$0.64/SF
EGI
$21.7K $8.84/SF
− OpEx
−$3.3K −$1.33/SF
NOI
$18.5K $7.51/SF
Area
Saratoga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,500
Cap Rate 7%
$263,929
Cap Rate 9%
$205,278
Alternative Uses
Best Use
Warehouse
$263.9K
$230.9K – $307.9K
NOI $18,475 @ 7.0% cap · market cap 131,964.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$736.3K
$644.3K – $859.0K
NOI $51,542 @ 7.0% cap · market cap 368,157.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Super 50 Self Storage — 1145 NY-50, Ballston Lake, NY 12019
- Triamigos Inc — 1240 Saratoga Rd, Ballston Spa, NY 12020
Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled space combines warehouse capacity with dedicated electrical service and a half bath.
Where is this warehouse located?
The property is located at 1 Charlton Road #106 Ballston Spa, NY.
What are key features of this property?
This property features: 2,460 SF of light industrial warehouse space; 12' overhead drive‑in door and 14' warehouse ceilings; 200‑amp electrical service
