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Property profile & analytics

124 Lk Hl Rd Burnt Hills, NY 12027-9517

  • Investment properties
  • 2,534 SF
  • 0.92 lot acres
OFF-MARKET
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-2324665
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Just in Time Consignment Boutique / Store

Property Details for 124 Lk Hl Rd

Year built
1955
Lot size
0.92 lot acres
Property size
2,534 SF
Property type
Investment properties
Property subtype
Live-work space
APN
412089 257.10-1-46.2
APU
412089257101462

Description

Prime opportunity to acquire a well-established consignment business in Ballston, NY. The business, operating for nine years at 124 Lake Hill Rd, generates over six figures annually and boasts a strong online presence with over 5,000 social media followers and more than 1,000 consigners. The sale includes the business name, website, LLC transfer, client contact lists, social media accounts, an eBay store, and all necessary equipment, including display cases, racks, and training. Two weeks of comprehensive training will be provided, covering all aspects of running the consignment shop, from software operation to marketing and sales. The current owner leases the 1,700 square foot storefront, with a one-year lease expiring February 29, 2024, under a gross lease agreement. The business has received accolades as the best consignment shop for two consecutive years, reflecting its strong reputation and customer loyalty. This is a turnkey operation, ideal for an entrepreneur seeking a profitable and established business with significant growth potential. The asking price for the business is $65,000. The option to purchase the building separately is available upon inquiry. This presents a unique opportunity to acquire a thriving business in a growing market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $362,000
    Market price range: $198k - $689k
    AI Estimate
    $200,000
    Market price range: $173k - $320k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Burnt Hills
County
Saratoga
State
New York
Longitude
-73.8996
Latitude
42.9108
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$110,900
$39,100
$150,000
-
$157,305
$55,461
$212,766
More about this property
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