Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land I-87 Exit 8 Title is generated by Realmo AI

    1525 Crescent Road, Clifton Park, NY 12065

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,249,000

    8.64 acres of commercial land with development potential.

    Type:Commercial
    Property size:
    1,500 SF
    Lot size:
    8.64 Acres
    Price / SF:
    $832/SF
    Added:
    Jul 8, 2025
    Days on Market:
    313
    Last Refresh:
    Apr 5 at 9:00 pm

    Property Features for 1525 Crescent Road

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    8.64 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    KRISTEN R STACKEWICZ

    Listing agent KRISTEN R STACKEWICZ

    Listing office FORTUNE REALTY GROUP LLC

    Listing date Jul 8, 2025

    Source Corcoran

    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 FORTUNE REALTY GROUP LLC

    HighLights

    • Prime location directly off Exit 8 on I‑87.
    • Significant development potential on 8.64 acres.
    • Four parcels included in the sale.
    • Zoned B3, allowing for various development options (subject to town approval).
    • Existing 1500 SF office building with a 2‑stall garage on site.
    • High visibility.

    Overview

    This 8.64-acre property, comprised of four parcels, offers prime location and visibility off Exit 8 on I-87. The property is zoned B3, and other potential development usages are subject to town approval. The site includes a 1500 SF office building with a 2-stall garage, but the value is primarily in the land and its location for future development. Note that a cell tower has a permanent easement through the property and is not part of the sale. The parcels include: Parcel 412400 284.-1-6 with 4.06 Acres, Parcel 412400 284.-1-5 with 3.90 Acres, Parcel 412400 284.-1-8 with .14 Acres, and Parcel 413800 284.-1-42 with .54 Acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C & S Siding Construction Company Clear Choice Tree ... Landscaping

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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
    Clifton Park
    County
    Saratoga
    State
    New York
    Longitude
    -73.7699
    Latitude
    42.8201

    Nearby Similar for Sale

    • $650,000

      Clifton Park Industrial Land Available

      8.08 acres of industrial land suitable for various businesses.
      2029 Route 9, Clifton Park, NY 12151
      View Details
    • $1,350,000
      2,880 SF

      High-Visibility Redevelopment Site in Clifton

      Redevelopment opportunity in a strong commercial environment.
      1742 US-9, Clifton Park, NY 12065
      View Details
    • $225,000

      Residential Land in Clifton Park

      Nearly an acre to build your dream home!
      21 Payne Court, Clifton Park, NY 12065
      View Details
    • $350,000

      Clifton Park Commercial Corner Lot

      3.67-acre commercial land in Clifton Park, Saratoga County.
      L69.1 Maxwell Drive, Clifton Park, NY 12065
      View Details
    • $2,250,000
      2,930 SF

      Established Auto Repair Business For Sale

      Thriving auto repair and towing business near I-87 for sale.
      280 Ushers Road, Clifton Park, NY 12065
      View Details
    • $350,000

      Clifton Park Vacant Corner Lot

      3.67-acre corner lot in Clifton Park, Saratoga County.
      L69.1 Maxwell Drive, Clifton Park, NY 12065
      View Details
    • $550,000
      720 SF

      Prime Commercial Land Opportunity

      High-visibility commercial land with dual road frontage in Clifton Park.
      458 Route 146, Clifton Park, NY 12065
      View Details
    • $225,000

      Clifton Park Building Lot

      Approximately one-acre building lot in the heart of Clifton Park.
      4 Towline Lane, Clifton Park, NY 12065
      View Details
    • $650,000

      Industrial Land For Sale

      Light Industrial land suitable for various commercial uses.
      2029 Route 9, Clifton Park, NY 12151
      View Details
    • $595,000

      Land Near I-87 Exit

      Commercial land with high traffic exposure near Country Knolls.
      325 Ushers Road, Clifton Park, NY 12019
      View Details
    • Contact for pricing
      30,000 SF

      Approved Flex Park on 3.05 Acres

      3.05 acre flex park site approved for 130,000 SF.
      15 Old Plank Road, Clifton Park, NY, 12065
      View Details
    • $172,999

      3.5 Acre Parcel on Route 9

      3.5 acre commercial land parcel with Route 9 exposure.
      L79 Route 9, Clifton Park, NY 12065
      View Details

    FAQs

    What type of property is this?
    Land - 8.64 acres of commercial land with development potential.
    Where is this land located?
    The property is located at 1525 Crescent Road Clifton Park, NY.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: Prime location directly off Exit 8 on I‑87.; Significant development potential on 8.64 acres.; Four parcels included in the sale.
    (518) 858-2627
    We can help!
    Listing Contact
    KRISTEN R STACKEWICZ
    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
    1525 Crescent Road, Clifton Park, NY 12065
    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!