Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    411 Ballston Rd Glenville, NY 12302

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.3-Acre Commercial Lot - Prime Location

    Property Features for 411 Ballston Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1983

    We can help!

    Listing Contact
    Charles J Marshall

    Listing Agency: STEWARTS SHOPS CORP Listing Agent: Charles J Marshall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1.3-acre commercial lot presents a unique investment opportunity in the thriving Glenville, NY market. Located at 411 Ballston Road, Unit 411, this property offers significant potential for a wide range of commercial developments. The expansive acreage provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Glenville ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence. The property's zoning regulations should be independently verified to determine permissible uses. Given the size and location, this lot is well-suited for various commercial ventures, from retail establishments and office spaces to light industrial facilities or potentially a mixed-use development. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific business needs and to explore the potential for maximizing its development potential. The absence of a listed square footage underscores the flexibility this land offers for custom construction tailored to the buyer's vision. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location, offering significant long-term growth potential. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed and should be independently verified.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Appraisal Resources Real Estate Agency At Home Realty Sales Real Estate Agency Massage Care Alternative Medicine Practice Stewart's Shops Gas Station Epione Massages Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Glenville
    County
    Schenectady
    State
    New York
    Longitude
    -73.94773
    Latitude
    42.84431

    Nearby Similar for Sale

    • $299,000
      Pending

      Glenville Commercial Property with Offices

      Commercial property in Glenville featuring offices, lobby, restrooms, and basement.
      235 Saratoga Rd, Glenville, NY 12302
      View Details
    • New
      $625,000
      1,600 SF

      Glenville Industrial Property with Buildings

      Industrial property featuring multiple buildings with office, storage, and production space.
      37 Maple Ave, Glenville, NY 12302
      View Details
    • $625,000
      1,600 SF

      Glenville Flex Space For Sale

      Four-building flex space suitable for contractor or chemical manufacturer.
      37 Maple Ave, Glenville, NY 12302
      View Details
    • $375,000
      5,271 SF

      Restaurant and Pub Opportunity

      Restaurant/Pub with buildout and FFE included, outdoor seating available.
      115 Saratoga Rd, Glenville, NY 12302
      View Details
    • $895,000
      2,880 SF

      Commercial Building in Thriving Community

      2,880 sq ft commercial building in Scotia, NY for sale.
      180 Sacandaga Rd, Glenville, NY 12302
      View Details
    • $469,999
      1,800 SF

      Glenville Mixed-Use Building For Sale

      Mixed-use building with retail space, apartment, and high visibility.
      658 Saratoga Rd, Glenville, NY 12302
      View Details
    • $299,000
      1,200 SF

      Glenville Commercial Property For Sale

      Commercial property in Glenville with offices, lobby, and basement.
      235 Saratoga Rd, Glenville, NY 12302
      View Details
    • $299,000
      0.49 Acres

      Glenville Office Building - 0.49 Acres

      Prime Glenville office space, 0.49-acre lot. Great investment opportunity.
      235 Saratoga Rd, Glenville, NY 12302
      View Details
    • $725,000

      Fully Leased Retail Strip Center

      Investment opportunity: fully leased retail strip in prime location.
      272 Saratoga Rd, Glenville, NY 12302
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 1.3-Acre Commercial Lot - Prime Location
    Where is this commercial real estate located?
    The property is located at 411 Ballston Rd Glenville, NY.
    (518) 581-1200
    Request Owner's contact information
    411 Ballston Rd Glenville, NY 12302
    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.
    411 Ballston Rd
    Glenville, NY 12302
    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
    411 Ballston Rd Glenville, NY 12302
    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
    Charles J Marshall
    (518) 581-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!