Medical Office
For Sale
Contact for pricing
105 Lake Hill Road Suite 6/8, Ballston, NY 12027
The six-room layout includes a private bathroom and access to shared restrooms and common areas.
Property Size14,904 SF
Price / SF$0.10
Days on Market41
Property Features for 105 Lake Hill Road Suite 6/8
General Information
Standard status
Active
Size
14,904 SF
Property subtype
Office
Building Details
Year Built
1975
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 3:05PM
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 6/8 at 105 Lake Hill Road is configured for medical or dental office use, with six distinct rooms or areas and a private bathroom. The suite also has access to shared restrooms and common areas. Off-street parking is available.
The property is at Lake Hill Road and Kingsley Road in Burnt Hills, within the Burnt Hills Commercial District. Zoning permits health-care facilities, office buildings, personal services, and retail sales. Other tenants include a coffee shop, florist, engineering services business, and photography studio.
Rent includes utilities, exterior maintenance, lawn care, and snow removal.
The property is at Lake Hill Road and Kingsley Road in Burnt Hills, within the Burnt Hills Commercial District. Zoning permits health-care facilities, office buildings, personal services, and retail sales. Other tenants include a coffee shop, florist, engineering services business, and photography studio.
Rent includes utilities, exterior maintenance, lawn care, and snow removal.
Key Highlights
- Six distinct rooms or areas in a medical‑office configuration
- Private in‑suite bathroom, plus access to shared restrooms and common areas
- Located at Lake Hill Road and Kingsley Road in Burnt Hills
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
Healthcare Medical
$2.95M
$2.58M – $3.44M
NOI $206,194 @ 7.0% cap · market cap 13,746.27%
Second Best
Office B
$2.88M
$2.52M – $3.36M
NOI $201,606 @ 7.0% cap · market cap 13,440.40%
Theoretical Best
Office A
$4.46M
$3.90M – $5.20M
NOI $312,269 @ 7.0% cap · market cap 20,817.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Well-served
Demand for This Use
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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
Similar Off Market Nearby
- Burnt Hills Veterinary Hospital — 145 Goode St, Burnt Hills, NY 12027
- Dr. Stephen Godin — 145 Goode St, Burnt Hills, NY 12027
- Dr. David Chico — 145 Goode St, Burnt Hills, NY 12027
- Blinn-Knapp B DVM — 145 Goode St, Burnt Hills, NY 12027
- Dr. Michael Rach — 145 Goode St, Burnt Hills, NY 12027
Frequently Asked Questions
What type of property is this?
Medical Office Space - The six-room layout includes a private bathroom and access to shared restrooms and common areas.
Where is this medical office space located?
The property is located at 105 Lake Hill Road Suite 6/8 Ballston, NY.
What are key features of this property?
This property features: Six distinct rooms or areas in a medical‑office configuration; Private in‑suite bathroom, plus access to shared restrooms and common areas; Located at Lake Hill Road and Kingsley Road in Burnt Hills
