10-Unit Shopping
For Sale
Contact for pricing
610 Maple Avenue, Saratoga Springs, NY 12866
Planned commercial suites are intended for business, retail, and restaurant uses within the CR-1 District.
Property Size16,800 SF
Price / SF$0.00
Days on Market250
Property Features for 610 Maple Avenue
General Information
Standard status
Active
Size
16,800 SF
Property subtype
Retail
Zoning
CR-1
Building Details
Year Built
1985
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Amy L Sutton · License #30SU0496141
(518) 527-3564
Source:
Simplywoodardrealestate
Added: Feb 26
Changed: Nov 1
Last Checked: Nov 1 at 3:28PM
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
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Investment Insights
Based on property information with market context.
This 1985 commercial property is planned for renovation and reconfiguration into 10 commercial units. Spaces are described as starting at 1,400 SF, with flexible configurations and build-outs that businesses can customize. The stated use plans include business, retail, and restaurant operations, and the property is in the CR-1 District.
Construction is scheduled in two phases: Units 6–10 are set to begin in April, with anticipated occupancy in August. Work on Units 1–5 is scheduled to start in August, with occupancy projected for January 2027.
Construction is scheduled in two phases: Units 6–10 are set to begin in April, with anticipated occupancy in August. Work on Units 1–5 is scheduled to start in August, with occupancy projected for January 2027.
Key Highlights
- Planned reconfiguration into 10 commercial units
- Spaces start at 1,400 SF, with flexible configuration options
- Located in the CR‑1 District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$202,789
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,055,780
$4.1M
Cap Rate 7%
$2,896,986
$2.9M
Cap Rate 9%
$2,253,211
$2.3M
Market Conditions
NOI Build-Up for 16,800 SF
Gross rent
$302.4K $18.00/SF
− Vacancy
−$12.7K −$0.76/SF
EGI
$289.7K $17.24/SF
− OpEx
−$86.9K −$5.17/SF
NOI
$202.8K $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%
$4,055,780
Cap Rate 7%
$2,896,986
Cap Rate 9%
$2,253,211
Alternative Uses
Best Use
Retail
$2.90M
$2.53M – $3.38M
NOI $202,789 @ 7.0% cap · market cap 965,661.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.03M
$4.40M – $5.87M
NOI $351,994 @ 7.0% cap · market cap 1,676,161.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 97%
Shops & Services 3%
Dunkin' Donuts
Dining
12,203 visits/mo
0.1 miles
Prime Storage
Shops & Services
373 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Shopping center - Planned commercial suites are intended for business, retail, and restaurant uses within the CR-1 District.
Where is this shopping center located?
The property is located at 610 Maple Avenue Saratoga Springs, NY.
What are key features of this property?
This property features: Planned reconfiguration into 10 commercial units; Spaces start at 1,400 SF, with flexible configuration options; Located in the CR‑1 District
