New Construction Retail
230 Church Avenue, Ballston, NY 12020
For Sale
Contact for pricing
Flexible space offers dedicated HVAC, three-phase power, natural light, and two restrooms.
Property Size5,595 SF
Price / SF$0.76
Days on Market344
Property Features for 230 Church Avenue
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Anne T O'Toole · License #10401335798
(518) 207-5090
Source:
Simplywoodardrealestate
Added: Dec 1, 2025
Changed: Nov 8
Last Checked: Nov 8 at 3:37PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this 5,595-square-foot retail property has dedicated HVAC, 200-amp, three-phase electric service, two bathrooms, and 10.6-foot finished ceilings. The available space can be configured as one suite or divided into two 1,600-square-foot spaces, with designated parking and natural light. It is adjacent to a convenience store.
The property sits at the intersection of Route 50 and Route 67 in Ballston Spa, where the stated traffic volume is 15,000 vehicles per day. Nearby businesses include banks, Dunkin’, McDonald’s, and Hannaford; downtown is also close by.
The property sits at the intersection of Route 50 and Route 67 in Ballston Spa, where the stated traffic volume is 15,000 vehicles per day. Nearby businesses include banks, Dunkin’, McDonald’s, and Hannaford; downtown is also close by.
Key Highlights
- 5,595‑square‑foot retail property built in 2022
- Available space can be split into two 1,600‑square‑foot suites
- Dedicated HVAC and 200‑amp, three‑phase electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,536
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,720
$1.4M
Cap Rate 7%
$964,800
$964.8K
Cap Rate 9%
$750,400
$750.4K
Market Conditions
NOI Build-Up for 5,595 SF
Gross rent
$100.7K $18.00/SF
− Vacancy
−$4.2K −$0.76/SF
EGI
$96.5K $17.24/SF
− OpEx
−$28.9K −$5.17/SF
NOI
$67.5K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,720
Cap Rate 7%
$964,800
Cap Rate 9%
$750,400
Alternative Uses
Best Use
Retail
$964.8K
$844.2K – $1.13M
NOI $67,536 @ 7.0% cap · market cap 1,582.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.47M – $1.95M
NOI $117,226 @ 7.0% cap · market cap 2,747.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,328 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
2,238 visits/mo
0.2 miles
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Market
Average Price Trend$/SF for Retail space in Saratoga County, NY
Properties on Market for Retail space in Saratoga County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible space offers dedicated HVAC, three-phase power, natural light, and two restrooms.
Where is this retail space located?
The property is located at 230 Church Avenue Ballston, NY.
What are key features of this property?
This property features: 5,595‑square‑foot retail property built in 2022; Available space can be split into two 1,600‑square‑foot suites; Dedicated HVAC and 200‑amp, three‑phase electric service
