319 Ushers Rd, Ballston Lake, NY 12019
This exceptional 2,611 square foot office building, situated on a generous 2.49-acre lot in Ballston Lake, NY, presents a unique investment opportunity. Located at 319 Ushers Road, this property boasts convenient access, being less than half a mile from Exit 10 of the Northway. The single-story, 1980-built structure is currently vacant, offering immediate occupancy. With a permitted B-1 zoning classification, the property is ideally suited for office rehabilitation or the development of an additional building, subject to approvals. The asking price is $388,000, translating to $148.60 per square foot. The property features one unit within a single building and is identified by APN 259.-2-63. Its prime location and versatile zoning make it an attractive prospect for investors seeking a strong return on investment in a desirable Saratoga County location. The property's size and zoning offer significant potential for future expansion or redevelopment, catering to a variety of office uses. This is a rare opportunity to acquire a substantial property in a highly sought-after area. The vacant status allows for immediate customization and occupancy to suit the buyer's specific needs. Don't miss this chance to secure this exceptional commercial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.