Train Station Retail
For Sale
Contact for pricing
26 Station Lane, Saratoga Springs, NY 12866
Interior commercial space with sink, water service, and access to on-site parking.
Property Size6,059,196 SF
Price / SF$0.00
Days on Market48
Property Features for 26 Station Lane
General Information
Standard status
Active
Size
6,059,196 SF
Property subtype
Commercial
Zoning
NC - Neighborhood Center (T-5)
Additional Details
Road Access
Yes
Amenities
existing sink and water service
Building Details
Year Built
2025
Listing Agency:
Coldwell Banker Prime Properties
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Sep 2
Changed: Oct 16
Last Checked: Oct 19 at 6:47AM
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 Coldwell Banker Prime Properties
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.
Approximately 350 SF of retail or service space is located within the Saratoga Springs Train Station, opening directly into the station lobby. The suite includes an existing sink and water service, supporting personal-care, specialty retail, and comparable service uses identified for the space.
The property is accessible from West Avenue and includes on-site parking. NC - Neighborhood Center (T-5) zoning allows a range of commercial and service uses. The train station was built in 2025, providing a newly constructed setting for a compact customer-facing business.
The property is accessible from West Avenue and includes on-site parking. NC - Neighborhood Center (T-5) zoning allows a range of commercial and service uses. The train station was built in 2025, providing a newly constructed setting for a compact customer-facing business.
Key Highlights
- Approximately 350 SF of retail or service space
- Direct opening into the Saratoga Springs Train Station lobby
- Existing sink and water service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,139,343
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,462,786,860
$1,462.8M
Cap Rate 7%
$1,044,847,757
$1,044.8M
Cap Rate 9%
$812,659,367
$812.7M
Market Conditions
NOI Build-Up for 6,059,196 SF
Gross rent
$109.07M $18.00/SF
− Vacancy
−$4.58M −$0.76/SF
EGI
$104.48M $17.24/SF
− OpEx
−$31.35M −$5.17/SF
NOI
$73.14M $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%
$1,462,786,860
Cap Rate 7%
$1,044,847,757
Cap Rate 9%
$812,659,367
Alternative Uses
Best Use
Retail
$1,044.85M
$914.24M – $1,218.99M
NOI $73,139,343 @ 7.0% cap · market cap 12,189,890.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1,813.60M
$1,586.90M – $2,115.87M
NOI $126,952,275 @ 7.0% cap · market cap 21,158,712.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,533
Businesses Nearby
Explore this area
Business Placement
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Interior commercial space with sink, water service, and access to on-site parking.
Where is this retail space located?
The property is located at 26 Station Lane Saratoga Springs, NY.
What are key features of this property?
This property features: Approximately 350 SF of retail or service space; Direct opening into the Saratoga Springs Train Station lobby; Existing sink and water service
