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    9 Emma Ln Latham, NY 12065

    For Sale
    $790,000

    Prime 2.25-acre medical/office opportunity.

    Property size:
    11,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.25-acre commercial property, located at 9 Emma Lane in Latham, New York (zip code 12065), presents a unique investment opportunity. Priced at $790,000 (based on a recent bank appraisal), this property offers significant potential for development or expansion. The site boasts a total of 11,750 square feet, suitable for a variety of uses including retail, office, or medical facilities. The property is part of an established 24,000 square foot, five-building professional office and medical park, ensuring a thriving and well-established surrounding environment. Significant infrastructure is already in place, including roadways and ample parking, minimizing the need for extensive site work. This translates to reduced development costs and a faster timeline for project completion. The property's location in Saratoga County, New York, offers easy access to major transportation routes and a strong local economy. A land lease option is also available for consideration. This is a rare opportunity to acquire a well-situated, ready-to-develop property in a high-demand area. The existing infrastructure and established professional park setting make this an ideal location for a variety of commercial ventures. Don't miss this chance to capitalize on this prime commercial real estate offering.

    Property Features for 9 Emma Ln

    General Information

    Property type
    Medical offices
    Square Feet
    11,750 SF
    Lot Size
    98,010 SF

    Building Details

    Buildings
    5

    HighLights

    • $790,000 asking price (bank appraised); land lease option available.
    • 2.25‑acre lot suitable for an ~11,750 SF building (office, retail, or medical).
    • Located within an established 24,000 SF, five‑building professional/medical park.
    • Ready for development; existing infrastructure, roadways, and parking in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Latham
    County
    Saratoga
    State
    New York
    Longitude
    -73.7982903
    Latitude
    42.8687706

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    FAQs

    What type of property is this?
    Medical office - Prime 2.25-acre medical/office opportunity.
    Where is this medical office located?
    The property is located at 9 Emma Ln Latham, NY.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: $790,000 asking price (bank appraised); land lease option available.; 2.25-acre lot suitable for an ~11,750 SF building (office, retail, or medical).; Located within an established 24,000 SF, five-building professional/medical park.
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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
    9 Emma Ln Latham, NY 12065
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