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    107 Hermes Rd Ballston Spa, NY 12020

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    For Lease
    $1.00 SF/Yr ($9,023 /Mo)

    Multiple industrial and office suites available for lease.

    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

    Industrial Suites Available For Lease

    This industrial property offers numerous office suites available for lease, ranging in size from 2,398 to 8,758 rentable square feet. High bay warehouse spaces are also available, with sizes of 6,780 and 13,169 rentable square feet, including a 4,000 amp service. The building is LEED Silver Certified.
    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?
    Industrial property - Multiple industrial and office suites available for lease.
    Where is this industrial property located?
    The property is located at 107 Hermes Rd Ballston Spa, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Office suites available in a range of sizes (2,398 - 8,758 RSF).; - High bay warehouse space available (6,780 & 13,169 RSF).; - LEED Silver Certified building.
    (518) 452-2700
    Request Owner's contact information
    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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