Medical Office
For Sale
$475,000
5344 Sacandaga Road, Galway, NY 12074
Previously configured for medical clinic use with on-site parking.
Property Size2,800 SF
Lot Size1.00 Acre
Price / SF$169.64
Days on Market112
Property Features for 5344 Sacandaga Road
General Information
Standard status
Active
Size
2,800 SF
Total Parking Spaces
30
Lot size
1.00 Acre
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1984
Buildings
1
Building Size
2,800 SF
Listing Agency:
Roohan Realty
Listed By:
Amy L Sutton · License #30SU0496141
(518) 527-3564
Source:
Signatureonerealtygroup
Added: Jun 21
Changed: Oct 10
Last Checked: Oct 10 at 12:50AM
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
Investment Insights
Based on property information with market context.
This 2,800-square-foot commercial building occupies one acre at 5344 Sacandaga Road in Galway, NY. Built in 1984, the property was most recently used as a medical clinic and includes parking for 30 vehicles.
The building is situated on Sacandaga Road (147), providing a visible roadside setting for continued medical office use or another compatible commercial application.
The building is situated on Sacandaga Road (147), providing a visible roadside setting for continued medical office use or another compatible commercial application.
Key Highlights
- 2,800‑square‑foot commercial building on one acre
- Previously operated as a medical clinic
- 30 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,737
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,740
$774.7K
Cap Rate 7%
$553,386
$553.4K
Cap Rate 9%
$430,411
$430.4K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$70.6K $25.20/SF
− Vacancy
−$6.0K −$2.14/SF
EGI
$64.6K $23.06/SF
− OpEx
−$25.8K −$9.22/SF
NOI
$38.7K $13.83/SF
Area
Saratoga County, NY
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,740
Cap Rate 7%
$553,386
Cap Rate 9%
$430,411
Alternative Uses
Best Use
Healthcare Medical
$553.4K
$484.2K – $645.6K
NOI $38,737 @ 7.0% cap · market cap 8.16%
Second Best
Office B
$541.1K
$473.5K – $631.3K
NOI $37,876 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$838.1K
$733.3K – $977.8K
NOI $58,666 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12074, NY
2,901
Population
1,577
Households
1.8
Avg Household Size
49
Median Age
29%
College-Educated
88%
High-School Grad
34.3 sq mi
ZIP Area
85
Density / Sq Mi
$91,901
Median Household Income
$46,303
Median Earnings
$1,600
Median Rent
$287,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Previously configured for medical clinic use with on-site parking.
Where is this medical office space located?
The property is located at 5344 Sacandaga Road Galway, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,800‑square‑foot commercial building on one acre; Previously operated as a medical clinic; 30 on‑site parking spaces
