Building Details

Year Built 1991

Listing Agency: Home USA

Listed By: Anthony D Vaccarielli · License #31VA0520976 Show Phone

Source: Simplywoodardrealestate

Added: May 6 Changed: Nov 1 Last Checked: Nov 1 at 3:51PM

Report an Issue

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 Home USA

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 2-acre fenced flex property contains 2,600 square feet across a 900-square-foot office/retail area and an attached 1,700-square-foot warehouse. The warehouse has a 12-foot overhead door, and the site includes a well producing approximately 30 gallons per minute. Built in 1991, the property combines customer-facing space with enclosed storage or work area.

Prior approvals covered use as a car dealership, retail space, contractor yard, or repair facility. Those historical approvals provide context for the property’s past use options; the site’s current approval status is not specified.

Key Highlights

• 2‑acre fenced commercial property
• 900 SF office/retail area with attached 1,700 SF warehouse
• Warehouse includes a 12 ft overhead door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,080

Suggested Prices Based on Cap Rates

Cap Rate 5%

$321,600 $321.6K

Cap Rate 7%

$229,714 $229.7K

Cap Rate 9%

$178,667 $178.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 2,600 SF

Gross rent

$24.6K $9.48/SF

− Vacancy

−$1.7K −$0.64/SF

EGI

$23.0K $8.84/SF

− OpEx

−$6.9K −$2.65/SF

NOI

$16.1K $6.18/SF

Area

Saratoga County, NY

Vacancy

6.80%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$321,600

Cap Rate 7%

$229,714

Cap Rate 9%

$178,667

Alternative Uses

Best Use

Flex RnD

$538.9K

$471.5K – $628.7K (±1% cap)

NOI $37,721 @ 7.0% cap · market cap 1,077.74%

Second Best

Retail

$448.3K

$392.3K – $523.1K (±1% cap)

NOI $31,384 @ 7.0% cap · market cap 896.69%

Theoretical Best

Office A

$778.2K

$680.9K – $907.9K (±1% cap)

NOI $54,475 @ 7.0% cap · market cap 1,556.43%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Hair Salon Nail Salon Kitchen & Bath Showroom

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

Fenced yard

Location Intelligence

Trade Area within ½ mile

25

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 12871, NY

3,934

Population

1,844

Households

2.1

Avg Household Size

41

Median Age

34%

College-Educated

94%

High-School Grad

27.9 sq mi

ZIP Area

141

Density / Sq Mi

$83,775

Median Household Income

$48,561

Median Earnings

$1,103

Median Rent

$246,900

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Mixed-Use Commercial Space

122 Broad Street, Schuylerville, NY 12871

Contact for pricing

1,100 SF

View details

Three-Unit Multifamily Property

70 Gates Avenue, Schuylerville, NY 12871

$194,900

2,736 SF

View details

Updated Three-Unit Triplex

138 Broad Street, Schuylerville, NY 12871

$299,000

3,018 SF

View details

10-Unit Apartment Building with Basements

22 Church Street, Schuylerville, NY 12871

$1,675,000

9,792 SF

View details

Waterfront Restaurant with Outdoor Deck

1 Ferry Street, Schuylerville, NY 12871

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Flex space - Fenced commercial property combines office and retail space with a warehouse and on-site well.

Where is this flex space located?

The property is located at 165 ROUTE 4 N Schuylerville, NY.

What are key features of this property?

This property features: 2‑acre fenced commercial property; 900 SF office/retail area with attached 1,700 SF warehouse; Warehouse includes a 12 ft overhead door