Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Redevelopment Opportunity Title is generated by Realmo AI

    125 Bath Street, Ballston Spa, NY 12020

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    66,700 SF mixed-use property in a growing community.

    Type:Industrial
    Property size:
    66,700 SF
    Added:
    Nov 21, 2025
    Days on Market:
    180
    Last Refresh:
    Apr 5 at 8:57 pm

    Property Features for 125 Bath Street

    General Information

    Standard status
    Active
    Size
    66,700 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Edward Beck

    Listing agent Edward Beck

    Listing office

    Listing date Nov 21, 2025

    Source Hilcorealestatesales

    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 Edward Beck

    HighLights

    • Amazing redevelopment opportunity for mixed‑use/residential.
    • Recently rezoned to “CBD – Central Business District”.
    • Structure comprised of 66,700 SF located on 6.35 AC.
    • Growing and vibrant community (2010‑2017 population growth of +7.91% within 3 miles).
    • Six miles southwest of Saratoga Springs, Skidmore College and Saratoga Race Course.
    • Quarter‑mile walk from downtown retail boutiques, offices & historical attractions.

    Overview

    This 66,700 square foot structure is situated on 6.35 acres in Ballston Spa, Saratoga County, New York. The property presents an amazing redevelopment opportunity for mixed-use or residential purposes. It is located a quarter-mile walk from downtown retail boutiques, offices, and historical attractions. The property has been recently rezoned to "CBD – Central Business District". Ballston Spa is known for its natural beauty and small-town charm, and Saratoga County is experiencing rapid population growth. The property is located six miles southwest of Saratoga Springs, Skidmore College, and Saratoga Race Course. Saratoga County lies at the heart of eastern New York State's recognized Tech Valley. Potential environmental tax credits may be available. The area has seen a population growth of 7.91% within 3 miles between 2010 and 2017.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    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
    -73.8522
    Latitude
    43.006

    Nearby Similar for Sale

    • $675,000
      3,328 SF

      Turnkey Auto Repair Business Opportunity

      Commercial property with auto repair business for sale in Ballston Spa.
      7 Saratoga Avenue, Ballston Spa, NY 12020
      View Details
    • $634,999
      2,400 SF

      Remodeled Salon with Tanning Booths

      Fully remodeled salon with parking near Saratoga County Airport.
      426 Geyser Road, Ballston Spa, NY 12020
      View Details
    • $325,000
      1,888 SF

      Updated Duplex in Downtown

      Two-unit property in downtown Ballston Spa, fully rented.
      160 Milton Avenue, Ballston Spa, NY 12020
      View Details
    • $425,000
      2,264 SF

      Ballston Spa Duplex Investment Opportunity

      Well-located duplex in Ballston Spa with income potential.
      31-33 Glen Street, Ballston Spa, NY 12020
      View Details
    • $634,999

      Remodeled Salon with Dog Wash

      Remodeled salon with parking, tanning booths, and dog wash.
      426 Geyser Rd, Ballston Spa, NY, 12020-3021
      View Details
    • $675,000
      3,328 SF

      Turnkey Auto Repair Business

      Auto repair business for sale in prime commercial location.
      7 Saratoga Avenue, Ballston Spa, NY 12020
      View Details
    • $2,390,000
      3,360 SF

      Modern Multifamily Property in Ballston

      Fully leased, 10-unit multifamily property built in 2022.
      486 Garrett Road, Ballston Spa, NY 12020
      View Details
    • $2,390,000
      3,360 SF

      Modern Multifamily Property Near Village

      Ten-unit multifamily property built in 2022, fully leased.
      486 Garrett Road, Ballston Spa, NY 12020
      View Details
    • $775,000
      3,218 SF

      Ballston Spa Mixed-Use Investment

      Turn-key investment in a vibrant, growing community.
      20 Washington Street, Ballston Spa, NY 12020
      View Details
    • $599,900
      3,048 SF

      Mixed-Use Building in Ballston Spa

      Mixed-use property with retail and residential units in Ballston Spa.
      88-90 Front Street, Ballston Spa, NY 12020
      View Details
    • $634,999
      2,400 SF

      Remodeled Salon with Dog Wash

      Remodeled salon with parking, tanning booths, and dog wash.
      426 Geyser Road, Ballston Spa, NY 12020
      View Details
    • Contact for pricing
      78,000 SF

      Saratoga Area Storage Facility

      78,000 SF storage facility near Saratoga, NY with 683 units.
      75 Brookline Road, Ballston Spa, NY 12020
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - 66,700 SF mixed-use property in a growing community.
    Where is this mixed-use property located?
    The property is located at 125 Bath Street Ballston Spa, NY.
    What are key features of this property?
    This property features: Amazing redevelopment opportunity for mixed‑use/residential.; Recently rezoned to “CBD – Central Business District”.; Structure comprised of 66,700 SF located on 6.35 AC.
    (847) 313-4753
    We can help!
    Listing Contact
    Edward Beck
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    125 Bath Street, Ballston Spa, NY 12020
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!