Mixed-Use Property with
For Sale
$649,000
Pending
910 Rock City Road, Ballston Spa, NY 12020
A second-floor apartment accompanies the restaurant, which also includes a commercial kitchen and on-site parking.
Property Size3,390 SF
Days on Market118
Property Features for 910 Rock City Road
General Information
Standard status
Pending
Size
3,390 SF
Property subtype
Mixed Use
Building Details
Year Built
1970
Listing Agency:
Roohan Realty
(518) 587-4500
Listed By:
Brendon Teetor · License #10401376385
(954) 242-2326
Source:
Simplywoodardrealestate
Added: Jul 10
Changed: Nov 3
Last Checked: Nov 3 at 8:53AM
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
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.
The property combines restaurant space with a second-floor apartment on 3.83 acres. The restaurant contains approximately 3,390 square feet, including a dining room with a grandfathered wood-burning fireplace and a bar area. Updated commercial kitchen equipment, natural gas service, central air, and three-phase electric are in place. The building was constructed in 1970 and has on-site parking for approximately 75 vehicles.
Located at 910 Rock City Road in Ballston Spa, the property is described as minutes from downtown Saratoga Springs. Its existing restaurant and apartment configuration sits within a largely private acreage setting.
Located at 910 Rock City Road in Ballston Spa, the property is described as minutes from downtown Saratoga Springs. Its existing restaurant and apartment configuration sits within a largely private acreage setting.
Key Highlights
- Restaurant property with a second‑floor apartment on 3.83 acres
- Approximately 3,390 square feet of restaurant space
- On‑site parking for approximately 75 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,611
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,220
$1.1M
Cap Rate 7%
$751,586
$751.6K
Cap Rate 9%
$584,567
$584.6K
Market Conditions
NOI Build-Up for 3,390 SF
Gross rent
$73.2K $21.60/SF
− Vacancy
−$3.1K −$0.91/SF
EGI
$70.1K $20.69/SF
− OpEx
−$17.5K −$5.17/SF
NOI
$52.6K $15.52/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,052,220
Cap Rate 7%
$751,586
Cap Rate 9%
$584,567
Alternative Uses
Best Use
Specialty Retail
$751.6K
$657.6K – $876.9K
NOI $52,611 @ 7.0% cap · market cap 8.11%
Second Best
Mixed Use
$588.4K
$514.9K – $686.5K
NOI $41,189 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.01M
$887.8K – $1.18M
NOI $71,027 @ 7.0% cap · market cap 10.94%
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
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 12020, NY
34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A second-floor apartment accompanies the restaurant, which also includes a commercial kitchen and on-site parking.
Where is this mixed-use property located?
The property is located at 910 Rock City Road Ballston Spa, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Restaurant property with a second‑floor apartment on 3.83 acres; Approximately 3,390 square feet of restaurant space; On‑site parking for approximately 75 vehicles
