Versatile Commercial Property in Clifton
For Sale
$850,000
46 Route 146, Mechanicville, NY 12118
High-visibility property suitable for industrial, automotive, retail, or medical use.
Property Size3,780 SF
Price / SF$224.87
Days on Market230
Property Features for 46 Route 146
General Information
Standard status
Active
Size
3,780 SF
Taxes and HOA fees
Annual Taxes
$6,603
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Wayne A. Hartard · License #10301215860
(631) 708-5249
Source:
Exprealty
Added: Mar 5
Changed: Oct 19
Last Checked: Oct 21 at 2:25AM
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 EXP Realty
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Investment Insights
Based on property information with market context.
Located in the industrial district of Clifton Park, this commercial property offers high visibility and is situated minutes from the town center. The property is zoned for a variety of uses, including industrial, automotive sales or repair, medical, retail, sporting, or fitness facilities. The existing building provides over 3,700 square feet of space. It features an overhead door, making it suitable for storage, production, or customization. Ample parking is available. Public water and sewer services are nearby, supporting future development. This property presents an opportunity to secure a location in the Capital Region's commercial corridors.
Key Highlights
- Prime commercial location in the industrial district of Clifton Park with high visibility.
- Zoned for a wide variety of uses (industrial, automotive, medical, retail, sporting, fitness).
- Existing 3,700+ sq ft building suitable for storage, production, or customization.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,840
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,800
$1.1M
Cap Rate 7%
$783,429
$783.4K
Cap Rate 9%
$609,333
$609.3K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$90.7K $24.00/SF
− Vacancy
−$6.4K −$1.68/SF
EGI
$84.4K $22.32/SF
− OpEx
−$29.5K −$7.81/SF
NOI
$54.8K $14.51/SF
Area
Saratoga County, NY
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,800
Cap Rate 7%
$783,429
Cap Rate 9%
$609,333
Alternative Uses
Best Use
Flex RnD
$783.4K
$685.5K – $914.0K
NOI $54,840 @ 7.0% cap · market cap 6.45%
Second Best
Retail
$651.8K
$570.4K – $760.5K
NOI $45,628 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$1.13M
$990.0K – $1.32M
NOI $79,199 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12118, NY
16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - High-visibility property suitable for industrial, automotive, retail, or medical use.
Where is this flex space located?
The property is located at 46 Route 146 Mechanicville, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime commercial location in the industrial district of Clifton Park with high visibility.; Zoned for a wide variety of uses (industrial, automotive, medical, retail, sporting, fitness).; Existing 3,700+ sq ft building suitable for storage, production, or customization.
