First-Floor Office
For Sale
Contact for pricing
315 Ushers Rd, Ballston Lake, NY 12019
Ground-level office configuration with three rooms and client-accessible entry.
Property Size11,470 SF
Price / SF$0.07
Days on Market49
Property Features for 315 Ushers Rd
General Information
Standard status
Active
Size
11,470 SF
Net Rentable
875 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Building Details
Year Built
1970
Listing Agency:
Moore Thomas P
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Sep 19
Changed: Nov 5
Last Checked: Nov 6 at 7:42AM
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 Moore Thomas P
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Investment Insights
Based on property information with market context.
This first-floor office unit at 315 Ushers Rd includes 875 RSF arranged across three rooms. The layout provides multiple enclosed work areas within a compact professional suite, with direct ground-level access for visitors and staff.
The property was built in 1970 and is currently occupied. Tours require advance notice. The suite is identified as available October 1st, providing a defined future availability date for planning purposes.
The property was built in 1970 and is currently occupied. Tours require advance notice. The suite is identified as available October 1st, providing a defined future availability date for planning purposes.
Key Highlights
- 875 RSF first‑floor office unit
- Three‑room layout with multiple private work areas
- Ground‑level access for clients and staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,155
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,103,100
$3.1M
Cap Rate 7%
$2,216,500
$2.2M
Cap Rate 9%
$1,723,944
$1.7M
Market Conditions
NOI Build-Up for 11,470 SF
Gross rent
$247.8K $21.60/SF
− Vacancy
−$40.9K −$3.56/SF
EGI
$206.9K $18.04/SF
− OpEx
−$51.7K −$4.51/SF
NOI
$155.2K $13.53/SF
Area
Saratoga County, NY
Vacancy
16.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,103,100
Cap Rate 7%
$2,216,500
Cap Rate 9%
$1,723,944
Alternative Uses
Best Use
Office B
$2.22M
$1.94M – $2.59M
NOI $155,155 @ 7.0% cap · market cap 19,394.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.43M
$3.00M – $4.01M
NOI $240,319 @ 7.0% cap · market cap 30,039.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
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Business Placement
Demographics for 12019, NY
15,826
Population
6,911
Households
2.3
Avg Household Size
45
Median Age
54%
College-Educated
97%
High-School Grad
28.5 sq mi
ZIP Area
555
Density / Sq Mi
$116,329
Median Household Income
$63,121
Median Earnings
$1,191
Median Rent
$381,900
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Saratoga County, NY
Properties on Market for Office Units in Saratoga County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-level office configuration with three rooms and client-accessible entry.
Where is this office unit located?
The property is located at 315 Ushers Rd Ballston Lake, NY.
What are key features of this property?
This property features: 875 RSF first‑floor office unit; Three‑room layout with multiple private work areas; Ground‑level access for clients and staff
