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    Louden Rd & Weibel Ave Saratoga Springs, NY 12866

    For Lease
    Contact for pricing

    Prime 1.58-acre retail land parcel.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.58-acre pad site presents a remarkable opportunity for retail development or ground lease in the thriving Saratoga Springs market. Located at the highly visible corner of Louden Road and Weibel Avenue, just off Route 50, this property boasts unparalleled accessibility and exposure to significant daily traffic. The single-tenant site offers flexibility for a variety of retail concepts, allowing for custom building design and development to meet specific business needs. The land is zoned for commercial use within Saratoga County, New York, and presents a blank canvas for a new construction project or a strategic ground lease investment. With its ideal location and ample space, this property is poised to become a successful retail destination. The 1.58 acres provide ample room for building construction and potential parking, ensuring a convenient and attractive experience for customers. This is a rare opportunity to secure a prime retail location in a rapidly growing area with strong demographics and high consumer spending. The property's strategic positioning near Route 50 guarantees high visibility and easy access for customers. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity. The property is designated as a free-standing building site.

    Property Features for 0 Louden Rd & Weibel Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.58‑acre pad site available for ground lease or build‑to‑suit at Louden Road & Weibel Avenue, near Route 50.
    • Excellent I‑87 access via Exit 15.
    • High‑visibility location at a signalized intersection, adjacent to Kohl's and Hannaford.
    • Strong traffic counts: 1.24 million shopping center visits annually (Placer.ai).
    • Surrounded by 2 million square feet of national retailers including Target, Home Depot, Barnes & Noble, Walmart, and Lowe's.
    • Proximity to Saratoga Race Course (3 miles), attracting over 1 million tourists seasonally.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.7452647
    Latitude
    43.0981019

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    FAQs

    What type of property is this?
    Individual retail property - Prime 1.58-acre retail land parcel.
    Where is this individual retail property located?
    The property is located at Louden Rd & Weibel Ave Saratoga Springs, NY.
    What are key features of this property?
    This property features: 1.58-acre pad site available for ground lease or build-to-suit at Louden Road & Weibel Avenue, near Route 50.; Excellent I-87 access via Exit 15.; High-visibility location at a signalized intersection, adjacent to Kohl's and Hannaford.
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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
    Louden Rd & Weibel Ave Saratoga Springs, NY 12866
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