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    107 Hermes Rd Ballston Spa, NY 12020

    For Lease
    $11 SF/Yr

    Office and warehouse spaces for lease in Ballston Spa.

    Property size:
    108,285 SF
    Lot size:
    108,285 SF

    Property Features for 107 Hermes Rd

    General Information

    Size
    108,285 SF

    Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

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

    Overview

    LEED Silver Certified Building

    This is a two-story, LEED Silver Certified building with a total area of 108,285 square feet. It offers approximately 19,953 square feet of office spaces in varying sizes and approximately 13,169 square feet of warehouse space. The property is located in Ballston Spa, NY. Flexible lease terms are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Realty agency Building Supply Wholesale Shop Clothing Store Gym & Fitness Accounting Firm Electrical Service Furniture Store Electronics Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.7674211
    Latitude
    42.9699297

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    FAQs

    What type of property is this?
    Office space - Office and warehouse spaces for lease in Ballston Spa.
    Where is this office space located?
    The property is located at 107 Hermes Rd Ballston Spa, NY.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Large space available: +\/-19,953 RSF of office and +\/-13,169 RSF of warehouse space.; - **LEED Silver Certified building.**; - Flexible lease terms.
    (518) 452-2700
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    107 Hermes Rd Ballston Spa, NY 12020
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    Ballston Spa, NY 12020
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    Realmo Value Estimation

    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.

    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.

    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
    107 Hermes Rd Ballston Spa, NY 12020
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