New Construction Retail
For Sale
Contact for pricing
1 Via Rossi Way # E, Ballston Spa, NY 12020
Flexible space can be combined or divided to suit a range of commercial layouts.
Property Size31,334 SF
Days on Market18
Property Features for 1 Via Rossi Way # E
General Information
Standard status
Active
Size
31,334 SF
Property subtype
Business
Additional Details
Road Access
Yes
Building Details
Year Built
2026
Buildings
2
Construction
clear-span
Listing Agency:
Davies Davies & Associates Real Estate LLC
(518) 656-9068
Listed By:
Gloria Ford · License #10301202194
(518) 796-8336
Source:
Simplywoodardrealestate
Added: Oct 16
Changed: Nov 1
Last Checked: Nov 1 at 7:22AM
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 Davies Davies & Associates Real Estate LLC
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Investment Insights
Based on property information with market context.
Completed in 2026, the retail center consists of two clear-span buildings totaling 31,334 SF. Spaces can be configured individually, combined or subdivided, with options from approximately 2,500 SF through the full development. Four drive-through configurations are included in the approved site plan; tenant-specific approvals may also be required depending on the use.
Located on Via Rossi Way in Ballston Spa, the property sits just off Route 50, which carries 14,200+ vehicles daily. Hannaford Supermarket is directly adjacent. Potential uses identified for the development include retail, restaurants, cafés, medical, fitness, professional services and other commercial uses.
Located on Via Rossi Way in Ballston Spa, the property sits just off Route 50, which carries 14,200+ vehicles daily. Hannaford Supermarket is directly adjacent. Potential uses identified for the development include retail, restaurants, cafés, medical, fitness, professional services and other commercial uses.
Key Highlights
- Two clear‑span buildings totaling 31,334 SF
- New construction completed in 2026
- Space configurations range from approximately 2,500 SF to the full development
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$378,226
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,564,520
$7.6M
Cap Rate 7%
$5,403,229
$5.4M
Cap Rate 9%
$4,202,511
$4.2M
Market Conditions
NOI Build-Up for 31,334 SF
Gross rent
$564.0K $18.00/SF
− Vacancy
−$23.7K −$0.76/SF
EGI
$540.3K $17.24/SF
− OpEx
−$162.1K −$5.17/SF
NOI
$378.2K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,564,520
Cap Rate 7%
$5,403,229
Cap Rate 9%
$4,202,511
Alternative Uses
Best Use
Retail
$5.40M
$4.73M – $6.30M
NOI $378,226 @ 7.0% cap · market cap 37,822,600.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.38M
$8.21M – $10.94M
NOI $656,510 @ 7.0% cap · market cap 65,651,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Balanced
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - Flexible space can be combined or divided to suit a range of commercial layouts.
Where is this shopping center located?
The property is located at 1 Via Rossi Way # E Ballston Spa, NY.
What are key features of this property?
This property features: Two clear‑span buildings totaling 31,334 SF; New construction completed in 2026; Space configurations range from approximately 2,500 SF to the full development
