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    2 Old Stonebreak Rd Ballston Spa, NY 12020

    Sponsored
    For Lease
    $18 SF/Yr ($3,600 /Mo)

    2,400 SF Office, Warehouse, Storage

    Lot size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A, 2,400 square foot office and industrial property is situated on a 2.62-acre lot in the desirable Luther Forest submarket of Saratoga County. Built in 1979, this single-story building offers a versatile layout perfect for a variety of businesses. The space includes a reception area, seven offices or conference rooms, two bathrooms, and a break room. Ample parking is available, accommodating both cars and trucks, with a total of 15 spaces. The property boasts a 243-foot frontage on Route 9, near the intersection with Stonebreak, providing excellent visibility and accessibility. Conveniently located minutes from exits 11 and 12 of I-87, this property offers easy access to major transportation routes. The building features an 8-foot ceiling height and a 200 AMP power supply. While the listed square footage is 2,400, an additional approximately 600 square feet of usable basement space is available for storage. The property is zoned for office buildings and is offered as a single-tenant occupancy. The APN is 229-3-55. Discussions regarding space customization for long-term tenants are welcome. This is a rare opportunity to secure a well-located, versatile property in a thriving business community.

    Property Features for 2 Old Stonebreak Rd

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF
    Class
    A
    Total Rate
    3600

    Building Details

    Year Built
    1979
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,400 SF
    Rate per SF
    $18

    HighLights

    • 2,400 SF office/industrial building on 2.62 acres in the Luther Forest submarket of Saratoga County.
    • Single‑tenant occupancy with 2,400 SF of vacant space.
    • Class A building constructed in 1979, featuring one story and 8' ceilings.
    • 15 total parking spaces available.
    • Located near I‑87, Exits 11 & 12, with 243' of frontage on Route 9 near Stonebreak.
    • Includes approximately 600 SF of usable basement storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Luther Forest Corporation Real Estate Developer Saratoga Water Services Water Utility Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.7865971684
    Latitude
    42.964106224946

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    FAQs

    What type of property is this?
    Manufacturing property - 2,400 SF Office, Warehouse, Storage
    Where is this manufacturing property located?
    The property is located at 2 Old Stonebreak Rd Ballston Spa, NY.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 2,400 SF office/industrial building on 2.62 acres in the Luther Forest submarket of Saratoga County.; Single-tenant occupancy with 2,400 SF of vacant space.; Class A building constructed in 1979, featuring one story and 8' ceilings.
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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
    2 Old Stonebreak Rd Ballston Spa, NY 12020
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