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    841 New York State Rte 50 Ballston, NY 12027

    Sponsored
    For Sale
    $159,000

    Commercial Mixed-Use Lot, Public Water, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.7-acre parcel, located at 841 New York State Route 50 in Ballston, New York, presents a unique investment opportunity. Priced at $159,000, this mostly cleared lot boasts a highly desirable location on busy State Route 50, situated conveniently between the Burnt Hills Post Office and Countryside Chimney and Stove. The property is zoned for a variety of commercial mixed uses, including apartments, one- or two-family dwellings, municipal buildings, retail establishments, and other business types. Public water access is available, simplifying development plans. While a portion of the property towards the rear, near a wooded area, contains wetlands, the majority of the 117,612 square foot lot is readily usable. This presents a significant advantage for developers seeking a versatile location with established infrastructure. Note that an adjacent 5.7-acre lot is also available for purchase separately, offering potential for expansion or a larger-scale development project. The property falls within the Burnt Hills-Ballston Lake Central School District (BHBL), a key consideration for residential development. This prime location and flexible zoning make this property an attractive prospect for a wide range of commercial and residential ventures. Serious inquiries are encouraged.

    Property Features for 841 New York State Rte 50

    General Information

    Property type
    Land

    HighLights

    • 2.7‑acre parcel in Ballston, NY, priced at $159,000.
    • Highly desirable location on State Route 50, between Burnt Hills Post Office and Countryside Chimney and Stove.
    • Zoned for mixed commercial uses, including apartments, retail, and other businesses.
    • Public water access available.
    • Mostly cleared lot (117,612 sq ft), with a portion of wetlands in the rear.
    • Adjacent 5.7‑acre lot available separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ballston
    County
    Saratoga
    State
    New York
    Longitude
    -73.892185
    Latitude
    42.917944

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    FAQs

    What type of property is this?
    Land - Commercial Mixed-Use Lot, Public Water, Excellent Location
    Where is this land located?
    The property is located at 841 New York State Rte 50 Ballston, NY.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: 2.7-acre parcel in Ballston, NY, priced at $159,000.; Highly desirable location on State Route 50, between Burnt Hills Post Office and Countryside Chimney and Stove.; Zoned for mixed commercial uses, including apartments, retail, and other businesses.
    (518) 765-1564
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    841 New York State Rte 50 Ballston, NY 12027
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    Ballston, NY 12027
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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
    841 New York State Rte 50 Ballston, NY 12027
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