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Prime Corner Lot For Sale
For Sale
$3,595,000

40 Excelsior Avenue, Saratoga Springs, NY 12866

1.23 acre corner lot in commercial/residential zone.

Property Size8,299 SF
Lot Size1.23 Acres
Price / SF$433.18
Days on Market149

Property Features for 40 Excelsior Avenue

General Information

Standard status Active
Size 8,299 SF
Lot size 1.23 Acres
Property subtype Retail

Building Details

Building Size 8,299 SF
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Apr 10 Changed: Aug 8 Last Checked: Sep 4 at 2:03AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

This 1.23 acre corner lot offers over 500 feet of frontage and high visibility in a commercial/residential T-5 transition zone. The property is positioned for a multi-story commercial condo apartment building. It offers close proximity to Northway and The Racetrack, while being within walking distance of Broadway. The Saratoga Greenbelt Trail is expected to bring increased pedestrian traffic to the area. The lot can be subdivided.

Key Highlights

  • Seller financing available at half the commercial rate (up to 5 years with qualifying terms).
  • Prime 1.23 acre corner lot with over 500' of frontage and high visibility.
  • Located in a commercial/residential T‑5 transition zone, suitable for a multi‑story commercial condo apartment building.

Property Analytics

Current Use

Bardino Motors Car Dealership Saranade's Gift Shop Clothing & Fashion Store

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Auto Repair Shop Electrical Service Garden Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby

Demographics for 12866, NY

40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.23 acre corner lot in commercial/residential zone.
Where is this commercial land located?
The property is located at 40 Excelsior Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Seller financing available at half the commercial rate (up to 5 years with qualifying terms).; Prime 1.23 acre corner lot with over 500' of frontage and high visibility.; Located in a commercial/residential T‑5 transition zone, suitable for a multi‑story commercial condo apartment building.
More about this property
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