Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7 Saratoga Ave Ballston Spa, NY 12020

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Auto repair business for sale in prime commercial location.

    Property size:
    3,328 SF
    Lot size:
    0.28 Acres

    Property Features for 7 Saratoga Ave

    General Information

    Standard status
    Active
    Size
    3,328 SF
    Lot size
    0.28 Acres

    Building Details

    Year built
    1924

    We can help!

    Listing Contact
    Julia Audi
    Source: Corcoran

    Listing Agency: HOWARD HANNA CAPITAL INC Listing Agent: Julia Audi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Auto Repair Business

    This property is a turnkey auto repair business for sale, situated in a prime commercial location within a Central Business District. The property features over 30 parking spots and benefits from high visibility on a highly trafficked route. The building includes a private office upstairs, a large front lobby, and a storage room. It also has 3 large bays equipped with lifts for auto repair, and glass doors that provide a bright and comfortable workspace. The sale includes a large customer base and a POS system. The fully loaded mechanic shop includes a tire machine, A/C recharge equipment, fluid evac equipment, and diagnostic equipment. Industry-specific business software, including inventory and bookkeeping systems, is also included. The property is 3328 square feet. The seller will consider lease and some owner financing. The property is located at 7 Saratoga Avenue, Ballston Spa, NY 12020.
    Location Intelligence

    Current Use by Public Records

    Quality Foreign Car ... Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Quality Foreign Car Care Inc, Jim's Garage, Fat Boyz Kustomz, Generations Auto Repair, Hearn Automotive Redesign

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.8481
    Latitude
    43.009253

    Nearby Similar for Sale

    • $675,000
      3,328 SF

      Turnkey Auto Repair Business Opportunity

      Commercial property with auto repair business for sale in Ballston Spa.
      7 Saratoga Ave, Ballston Spa, NY 12020
      View Details
    • $425,000
      2,264 SF

      Ballston Spa Duplex Investment Opportunity

      Well-located duplex in Ballston Spa with income potential.
      31-33 Glen St, Ballston Spa, NY 12020
      View Details
    • $1,936,000
      6.44 Acres

      Approved Senior Apartment Development Site

      Shovel-ready 88-unit senior housing development site in Malta, NY.
      2272 Route 9, Malta, NY 12118
      View Details
    • $325,000
      Pending

      Updated Duplex in Downtown

      Two-unit property in downtown Ballston Spa, fully rented.
      160 Milton Ave, Ballston Spa, NY 12020
      View Details
    • $634,999
      2,400 SF

      Remodeled Salon with Ample Parking

      Fully remodeled salon with parking, equipment, and potential drive-through.
      426 Geyser Rd, Ballston Spa, NY 12020
      View Details
    • $5,900,000
      28,036 SF

      Medical/Professional Building Near I-87

      26,000+ SF medical/professional building in park-like setting near I-87.
      2388 Us-9, Malta, NY 12020
      View Details
    • $634,999

      Remodeled Salon with Dog Wash

      Remodeled salon with parking, tanning booths, and dog wash.
      426 Geyser Rd, Ballston Spa, NY 12020
      View Details
    • $2,390,000
      3,360 SF

      Modern Multifamily Property in Ballston

      Fully leased, 10-unit multifamily property built in 2022.
      486 Garrett Rd, Ballston Spa, NY 12020
      View Details
    • $599,900
      2,808 SF

      Ballston Spa Mixed-Use Investment

      Turn-key mixed-use property in Ballston Spa's business district.
      22 Washington St, Ballston Spa, NY 12020
      View Details
    • $775,000
      3,218 SF

      Ballston Spa Mixed-Use Investment

      Turn-key investment in a vibrant, growing community.
      20 Washington St, Ballston Spa, NY 12020
      View Details
    • $599,900
      3,048 SF

      Mixed-Use Building in Ballston Spa

      Mixed-use property with retail and residential units in Ballston Spa.
      88-90 Front St, Ballston Spa, NY 12020
      View Details
    • Contact for pricing

      Saratoga Area Storage Facility

      78,000 SF storage facility near Saratoga, NY with 683 units.
      75 Brookline Rd, Ballston Spa, NY 12020
      View Details

    FAQs

    What type of property is this?
    Auto shop - Auto repair business for sale in prime commercial location.
    Where is this auto shop located?
    The property is located at 7 Saratoga Ave Ballston Spa, NY.
    What are key features of this property?
    This property features: - Prime commercial location on highly trafficked Route 50 with great visibility.; - Turnkey auto repair business with existing customer base, POS system, and industry-specific software included.; - Fully equipped mechanic shop with lifts, tire machine, A/C recharge, fluid evac, and diagnostic equipment included.
    (518) 584-0743
    Request Owner's contact information
    7 Saratoga Ave Ballston Spa, NY 12020
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Saratoga Ave
    Ballston Spa, NY 12020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Saratoga Ave Ballston Spa, NY 12020
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Julia Audi
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!