Two-Office Second-Floor
For Sale
Contact for pricing
315 Ushers Road Suite 204/205, Clifton Park, NY 12019
The combined space can also be divided into two separate suites for flexible office arrangements.
Property Size11,470 SF
Price / SF$0.07
Days on Market47
Property Features for 315 Ushers Road Suite 204/205
General Information
Standard status
Active
Size
11,470 SF
Net Rentable
580 SF
Property subtype
Office
Additional Details
Floor
2
Property Use
Office
Building Details
Year Built
1970
Listing Agency:
Continuum Commercial Realty
(518) 371-0200
Listed By:
Ryan Taylor · License #10491211431
(518) 605-7792
Source:
Simplywoodardrealestate
Added: Sep 17
Changed: Nov 1
Last Checked: Nov 1 at 3:18PM
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 Continuum Commercial 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.
Located on the second floor, the combined office suite contains 580 RSF arranged as two offices. The layout supports either a private office with a separate reception or waiting area, or two individual workspaces.
Suites 204 and 205 are available separately as well as together, providing flexibility in how the office space is configured.
Suites 204 and 205 are available separately as well as together, providing flexibility in how the office space is configured.
Key Highlights
- 580 RSF combined office suite
- Two‑office layout on the second floor
- Suites 204 and 205 can be leased separately
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The combined space can also be divided into two separate suites for flexible office arrangements.
Where is this office unit located?
The property is located at 315 Ushers Road Suite 204/205 Clifton Park, NY.
What are key features of this property?
This property features: 580 RSF combined office suite; Two‑office layout on the second floor; Suites 204 and 205 can be leased separately
