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    285 Saratoga Rd Schenectady, NY 12302

    For Lease
    Contact for pricing

    High-traffic location, 1.08 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.08-acre commercial land parcel presents a prime development opportunity on Saratoga Road (Route 50) in the thriving Glenville submarket of Schenectady County. Boasting 239 feet of frontage on this heavily trafficked thoroughfare, the property benefits from an impressive 19,912 AADT (Average Annual Daily Traffic). Its strategic location places it in close proximity to a robust concentration of established retailers, including Aldi, Market 32 Supermarkets, CVS, Hannaford, and Applebee's, ensuring high visibility and accessibility for any future development. The property consists of two parcels, totaling 47,044 square feet, and is conveniently situated near the intersection with Sheffield Road. This location offers unparalleled exposure to a significant consumer base, making it ideal for a variety of commercial ventures. The site's size and prominent positioning make it an exceptional investment opportunity for developers seeking a high-impact location in a densely populated and commercially active area. This is a rare chance to acquire a substantial parcel in a highly desirable location with excellent visibility and access. The property is currently vacant and ready for immediate development.

    Property Features for 285 Saratoga Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.08‑acre commercial land parcel in Glenville, Schenectady County.
    • 47,044 square feet of land with 239 feet of frontage on Saratoga Road (Route 50).
    • High traffic location with neighboring retailers including Aldi, Market 32, CVS, Hannaford, and Applebee's.
    • 19,912 AADT (Average Annual Daily Traffic).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9310911
    Latitude
    42.8724055

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    FAQs

    What type of property is this?
    Land - High-traffic location, 1.08 acres.
    Where is this land located?
    The property is located at 285 Saratoga Rd Schenectady, NY.
    What are key features of this property?
    This property features: 1.08-acre commercial land parcel in Glenville, Schenectady County.; 47,044 square feet of land with 239 feet of frontage on Saratoga Road (Route 50).; High traffic location with neighboring retailers including Aldi, Market 32, CVS, Hannaford, and Applebee's.
    Request Owner's contact information
    285 Saratoga Rd Schenectady, NY 12302
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    Schenectady, NY 12302
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    Realmo Value Estimation

    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.

    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.

    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
    285 Saratoga Rd Schenectady, NY 12302
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