Technical
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Property profile

0 Ballard Rd Gansevoort, NY 12831

OFF-MARKET
Warehouses
64.01 ac lot
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Property summary

AI-generated overview

This exceptional 64.01-acre commercial land parcel, located on Ballard Rd in Gansevoort, NY (zip code 12831), presents a significant development opportunity. Situated in Saratoga County, this property (APN 115.-1-1.21) is zoned for commercial use, specifically warehousing and storage facilities. The asking price is $3,750,000, translating to approximately $60,928 per acre. Its strategic location makes it highly suitable for logistical operations, warehousing, and storage businesses. Further enhancing its appeal, there is potential for the establishment of a Tax Increment Financing (TIF) district to facilitate the development of water service, a crucial element for fire prevention and overall operational efficiency. This development would significantly improve the property's infrastructure and attract further investment. The property's size and zoning offer considerable flexibility for a variety of large-scale commercial projects. Interested parties should conduct their own due diligence to verify zoning and development regulations. This is a rare opportunity to acquire a substantial tract of land in a growing area with significant potential for future development.

Property profile

Verified
Property type Warehouses
Lot 64.01 ac (2,788,276 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ballard Rd Gansevoort, NY 12831
Gansevoort metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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