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Hermes Rd Ballston Spa, NY 12020

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232 Acres, C-3 Zoning, Investment Opportunity

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 232-acre industrial land parcel presents a unique investment opportunity in Malta, New York. Located in Saratoga County, with a 12020 zip code, and zoned C-3 NYSERDA, this property boasts significant potential for development. The land is strategically situated near the Luther Forest Technology Park, a thriving hub of technological innovation. While a separate entity from the park, its proximity to Global Foundries, a leading computer chip manufacturer, offers unparalleled access to a growing industry. Existing site improvements include established physical structures, parking lots, and roadways, providing a solid foundation for future projects. Detailed information regarding five existing leases encompassing approximately 17.16 acres is available in the comprehensive Offering Memorandum, accessible online at www.HermesRoadLand.com. The Offering Memorandum also provides further details on lease terms. This property, established in 1975 by the New York Energy Research and Development Authority (NYSERDA), represents a rare chance to capitalize on the explosive growth and long-term investment potential of this dynamic region. The property's address is Hermes Rd, Ballston Spa, NY, and its APN is 230.-1-75.11, 230.-1-75.12, 230.-1-75.13. This is an exceptional opportunity for investors seeking a substantial land holding in a high-growth area.

Property Features for 0 Hermes Rd

General Information

Property type
Land
Lot Size
10,105,920 SF

HighLights

  • Improved site with buildings, parking, and roadways.
  • Five leases totaling ±17.16 acres are detailed in the Offering Memorandum.
  • Offering Memorandum available at www.HermesRoadLand.com
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Ballston Spa
County
Saratoga
State
New York
Longitude
-73.7693761
Latitude
42.9683513

FAQs

What type of property is this?
Land - 232 Acres, C-3 Zoning, Investment Opportunity
Where is this land located?
The property is located at Hermes Rd Ballston Spa, NY.
What are key features of this property?
This property features: Improved site with buildings, parking, and roadways.; Five leases totaling ±17.16 acres are detailed in the Offering Memorandum.; Offering Memorandum available at www.HermesRoadLand.com
More about this property
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