Office Suite with Private
For Sale
Contact for pricing
105 Lake Hill Road Suite 15, Ballston, NY 12027
Utilities, exterior maintenance, lawn care, and snow removal are included in the rent.
Property Size14,904 SF
Price / SF$0.06
Days on Market42
Property Features for 105 Lake Hill Road Suite 15
General Information
Standard status
Active
Size
14,904 SF
Property subtype
Office
Additional Details
Property Use
Office/Retail
Amenities
private entrance
Building Details
Year Built
1975
Tenancy
Multi
Listing Agency:
Continuum Commercial Realty
(518) 371-0200
Listed By:
Ryan Taylor · License #10491211431
(518) 605-7792
Source:
Simplywoodardrealestate
Added: Sep 22
Changed: Nov 1
Last Checked: Nov 1 at 3:29PM
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 Continuum Commercial Realty
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Investment Insights
Based on property information with market context.
Suite 15 provides office space with its own entrance. The property also has off-street parking and a mix of on-site businesses, including a coffee shop, florist, and professional services.
The suite is designated for office, service-business, or personal-service use. Rent covers utilities, exterior maintenance, lawn care, and snow removal.
The suite is designated for office, service-business, or personal-service use. Rent covers utilities, exterior maintenance, lawn care, and snow removal.
Key Highlights
- Suite 15 has a private entrance
- Designated for office, service‑business, or personal‑service use
- Off‑street parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$201,606
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,032,120
$4.0M
Cap Rate 7%
$2,880,086
$2.9M
Cap Rate 9%
$2,240,067
$2.2M
Market Conditions
NOI Build-Up for 14,904 SF
Gross rent
$321.9K $21.60/SF
− Vacancy
−$53.1K −$3.56/SF
EGI
$268.8K $18.04/SF
− OpEx
−$67.2K −$4.51/SF
NOI
$201.6K $13.53/SF
Area
Saratoga County, NY
Vacancy
16.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,032,120
Cap Rate 7%
$2,880,086
Cap Rate 9%
$2,240,067
Alternative Uses
Best Use
Office B
$2.88M
$2.52M – $3.36M
NOI $201,606 @ 7.0% cap · market cap 21,221.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.46M
$3.90M – $5.20M
NOI $312,269 @ 7.0% cap · market cap 32,870.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 12027, NY
3,958
Population
1,715
Households
2.3
Avg Household Size
43
Median Age
54%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
528
Density / Sq Mi
$106,500
Median Household Income
$60,802
Median Earnings
$2,117
Median Rent
$312,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Utilities, exterior maintenance, lawn care, and snow removal are included in the rent.
Where is this office unit located?
The property is located at 105 Lake Hill Road Suite 15 Ballston, NY.
What are key features of this property?
This property features: Suite 15 has a private entrance; Designated for office, service‑business, or personal‑service use; Off‑street parking available
