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    2971 Rte Ballston Spa, NY 12020

    • Hospitality properties
    For Sale
    View listing
    $1,499,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 2971 Rte

    Property type
    Hospitality properties
    Property subtype
    Hotels

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.7901
    Latitude
    43.0302

    Comparable in this City

    • Value Estimation by Request
      45,166 SF

      2961 Us-9

      Motels • 45,166 SF
      2961 Us-9, Ballston Spa, NY 12020
      View Details
    • Value Estimation by Request
      58,692 SF

      101 Saratoga Vlg Blvd Rear

      HOTEL • 58,692 SF
      101 Saratoga Vlg Blvd Rear, Malta, NY 12020-3702
      View Details
    • Value Estimation by Request
      79,786 SF

      20 State Farm Pl

      HOTEL • 79,786 SF
      20 State Farm Pl, Ballston Spa, NY 12020-3743
      View Details
    • Value Estimation by Request
      61,786 SF

      103 Saratoga Vlg Blvd

      HOTEL • 61,786 SF
      103 Saratoga Vlg Blvd, Malta, NY 12020-3702
      View Details
    • Value Estimation by Request
      5,556 SF

      2838 State Rte 9th Side Side

      MOTEL • 5,556 SF
      2838 State Rte 9th Side Side, Malta, NY 12020-4202
      View Details
    • Value Estimation by Request
      1,800 SF

      2971 Rte 9th 9

      MOTEL • 1,800 SF
      2971 Rte 9th 9, Ballston Spa, NY 12020
      View Details

    Similar Nearby for Sale

    • $1,499,000

      Route 9 Commercial Hotel Investment

      Prime NY Hotel & Development Land
      2971 Rte, Ballston Spa, NY 12020
      View Details
    • $3,499,999
      10,240 SF

      Historic Villa Balsamo Estate

      Magnificent 19th-century estate with endless possibilities on over 14 acres.
      2255 Ballston Ave, Ballston Spa, NY 12020
      View Details
    • $600,000
      3,687 SF

      Victorian Home in Ballston Spa

      Renovated Victorian, currently a 7-unit rental, sold turn-key.
      49 W High St, Ballston Spa, NY 12020
      View Details
    • $200,000

      Malta Residential Land - 26 Acres

      Build Your Dream Home in Malta, NY
      10 Damascus Way, Malta, NY 12020
      View Details
    • $599,000

      Route 9 Commercial Building, Malta NY

      Prime Malta location, 30,000 SF potential.
      2782 A, Ballston Spa, NY 12020
      View Details
    • $200,000

      26 Acre Lot, Ballston Spa

      26 acre lot perfect to build your dream home!
      10 Damascus Way, Ballston Spa, NY 12020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,140 SF

      Malta, NY Office Space for Lease

      Prime Route 9 location, 4,430 sq ft available.
      2452 Us-9, Malta, NY 12020
      View Details
    • $1.00 SF/Yr
      108,285 SF

      Office and Warehouse Space Available

      Multiple office suites and high bay warehouse spaces for lease.
      107 Hermes Rd, Ballston Spa, NY 12020
      View Details
    • $1.00 SF/Yr
      108,285 SF

      Industrial Suites Available For Lease

      Multiple industrial and office suites available for lease.
      107 Hermes Rd, Ballston Spa, NY 12020
      View Details
    • $1.00 SF/Yr
      27,425 SF

      Mixed-Use Building with Existing Approvals

      Two-story mixed-use building with retail and office space for rent.
      10 State Farm Pl, Ballston Spa, NY 12020
      View Details
    • $1.00 SF/Yr
      110,164 SF

      New Warehouse/Distribution/Manufacturing Building

      Under construction warehouse/distribution/manufacturing building, 1.5 miles from I-87.
      10b Stonebreak Rd, Malta, NY 12020
      View Details
    • $45 SF/Yr
      3,500 SF

      Prime Ballston Spa Retail Space

      3,500 SF Freestanding Building - For Lease
      975 New York 67, Ballston Spa, NY 12020
      View Details
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    2971 Rte
    Ballston Spa, NY 12020
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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
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