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Professional Office Building
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3303 Route 9, Saratoga Springs, NY 12866

Well-maintained professional office building on a large lot with plenty of parking off Route 9.

Property Size3,847 SF
Price / SF$389.91
Days on Market486

Property Features for 3303 Route 9

General Information

Standard status Active
Size 3,847 SF
Property subtype OFFICE

Additional Details

Road Access Yes
Listing Agency: Roohan Realty
Listed By: Amy Sutton · License #30SU0496141
Source: Moodyscre
Added: Apr 2, 2025 Changed: Jul 30 Last Checked: Jul 31 at 3:45AM

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 Roohan Realty

Investment Insights

Based on property information with market context.

This well-maintained professional office building offers a nicely designed floor plan intended to accommodate one or more businesses. The property is located on a large lot with plenty of parking, supporting convenient day-to-day access for staff and visitors.

The building is positioned on highly visible South Broadway and is minutes to downtown Saratoga Springs and the Northway, providing practical connectivity for commuters and clients.

With approximately 3,847 square feet of office space, the layout can support a range of professional uses where flexible occupancy for one or multiple businesses is a priority.

Key Highlights

  • Well‑maintained professional office building with a designed floor plan for one or more businesses
  • Highly visible South Broadway location
  • Large lot with plenty of parking

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $83.1k $21.60
− Vacancy −$13.7k −$3.56
EGI $69.4k $18.04
− OpEx −$17.3k −$4.51
NOI $52.0k $13.53
3,847 SF · lease $21.60/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$743.4K
$650.5K – $867.3K (±1% cap)
NOI $52,038 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,602 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Auto Repair Shop Auto Parts Store Furniture & Home Goods Computer & Electronic Repair Veterinary Clinic

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

60
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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Well-maintained professional office building on a large lot with plenty of parking off Route 9.
Where is this office building located?
The property is located at 3303 Route 9 Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Well‑maintained professional office building with a designed floor plan for one or more businesses; Highly visible South Broadway location; Large lot with plenty of parking
(518) 527-3564 Call to check price and availability
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