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Warehouse with 4000-Amp Power
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107 Hermes Rd, Ballston Spa, NY 12020

Warehouse space features 28’ clear height and one overhead door, supported by elevated gas service and 4,000-amp 277/480V 3-phase power.

Property Size4,650 SF
Lot Size6.00 Acres
Days on Market620

Property Features for 107 Hermes Rd

General Information

Standard status Active
Size 4,650 SF
Lot size 6.00 Acres
Property subtype OFFICE
Lease Type SF/yr

Warehouse & Industrial

Clear Height 28 ft
Heavy Power Yes
Listing Agency: CBRE | Albany
Listed By: Laurie Tylenda · License #10301205946
Source: Moodyscre
Added: Nov 18, 2024 Changed: Jul 28 Last Checked: Jul 31 at 1:35PM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

NYSERDA’s Saratoga Technology + Energy Park (STEP) is a multi-building technology park setting with available flex and warehouse/office units. Warehouse space includes 28’ clear height and one overhead door. Service capacity is supported by elevated levels of gas and 4,000 amp, 277/480 volt, 3-phase power.

The STEP site is located in Malta, New York, adjacent to GlobalFoundries, and in close proximity to the Luther Forest Technology Campus. Availability varies by suite, and some suites are Start-Up NY approved.

Leasing terms are handled on a suite-by-suite basis; contact the listing broker for current availability. A 2026 NNN estimate is noted at $5.35/RSF.

Key Highlights

  • ±6‑acre site within NYSERDA’s Saratoga Technology + Energy Park (STEP) adjacent to GlobalFoundries
  • Warehouse space offers 28’ clear height and one (1) overhead door
  • Elevated gas service plus 4,000‑amp 277/480V 3‑phase power for electric

Property Analytics

Current Use

Lockheed Martin Industrial Manufacturer Hallam-ICS Engineering Consultant Lam Research Corporation Research Institute ElectroVaya Industrial Manufacturer Performance Contracting Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Furniture & Home Goods Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28 ft
Clear height
Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Warehouse space features 28’ clear height and one overhead door, supported by elevated gas service and 4,000-amp 277/480V 3-phase power.
Where is this flex space located?
The property is located at 107 Hermes Rd Ballston Spa, NY.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: ±6‑acre site within NYSERDA’s Saratoga Technology + Energy Park (STEP) adjacent to GlobalFoundries; Warehouse space offers 28’ clear height and one (1) overhead door; Elevated gas service plus 4,000‑amp 277/480V 3‑phase power for electric
(518) 429-6175 Call to check price and availability
More about this property
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