Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Ballard Rd Gansevoort, NY 12831
    Back to Search
    Property profile & analytics

    Ballard Rd, Gansevoort, NY 12831

    View on Map
    • Warehouses
    • 64.01 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wilton Truck Center / Auto Repair Shop
    • Wilton Travel Plaza / Parking Lot & Garage / Gas Station
    • Apple-A-Day Nursery School / Vocational School
    • Versatile Sheds & Gazebos / Construction Company / General Contractor
    • Reed Tech Services / Auto Repair Shop

    Property Details for 0 Ballard Rd

    Lot size
    64.01 lot acres
    Property type
    Warehouses
    Property subtype
    Land

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gansevoort
    County
    Saratoga
    State
    New York
    Longitude
    -73.711
    Latitude
    43.1684

    Comparable in this City

    • Value Estimation
      $22,285,000
      399,840 SF

      55 Northern Pnes Rd

      DISTRIBUTION WAREHOUSE
      55 Northern Pnes Rd, Gansevoort, NY 12831-1312
      View Details
    • Value Estimation by Request
      1,506,834 SF

      129 Nn Rd

      DISTRIBUTION WAREHOUSE
      129 Nn Rd, Gansevoort, NY 12831-1982
      View Details
    • Value Estimation by Request
      4,800 SF

      851 Saratoga Rd

      DISTRIBUTION WAREHOUSE
      851 Saratoga Rd, Gansevoort, NY 12831-1804
      View Details
    • Value Estimation
      $1,130,000
      10,300 SF

      Gordon Ln

      DISTRIBUTION WAREHOUSE
      Gordon Ln, Gansevoort, NY 12831
      View Details
    • Value Estimation by Request
      9,750 SF

      12 Commerce Park Dr

      DISTRIBUTION WAREHOUSE
      12 Commerce Park Dr, Wilton, NY 12831-2240
      View Details
    • Value Estimation
      $32,915,000
      831,238 SF

      55 Northern Pnes Rd

      DISTRIBUTION WAREHOUSE
      55 Northern Pnes Rd, Gansevoort, NY 12831-1312
      View Details

    Similar Nearby for Sale

    • $1,400,000
      13,344 SF

      Wilton Industrial/Flex Warehouse Compound

      Well-located industrial/flex warehouse compound on 2.6 acres in Saratoga County.
      10 Commerce Park Dr, Wilton, NY 12831
      View Details
    • Contact for pricing

      Warehouse Space Near I-87

      Warehouse space less than a mile from I-87.
      204 North Rd, Wilton, NY 12831
      View Details
    • Contact for pricing

      Land Available on Saratoga Road

      8.18 acres of land with frontage on Route 9.
      1304 Saratoga Rd, Gansevoort, NY 12831
      View Details
    • Contact for pricing

      Land For Sale

      8.18 acres of land with frontage on Route 9.
      1304 Saratoga Rd, Gansevoort, NY 12831
      View Details
    • $60,000

      6.60 Acre Lot For Sale

      6.60 acre lot in the Town of Moreau.
      550 E Selfridge Rd, Gansevoort, NY 12831
      View Details
    • $995,000
      3.50 Acres

      184 Edie Rd, Wilton, NY 12831

      Commercial real estate
      184 Edie Rd, Wilton, NY 12831
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      248,000 SF

      Upstate NY Logistics Development Site

      Large logistics development site with over 1M SF planned.
      197 Ballard Rd, Gansevoort, NY 12831
      View Details
    • $8 SF/Yr
      14,040 SF

      Wilton Commercial Flex/Warehouse Space

      14,040 SF flex/warehouse space with offices in Wilton, NY.
      891 Saratoga Rd, Wilton, NY 12831
      View Details
    • Contact for pricing
      14,040 SF

      Wilton Flex Space For Rent

      Clear space building with refurbished offices and loading docks.
      891 Saratoga Rd, Wilton, NY 12831
      View Details
    • Contact for pricing
      9,835 SF

      Stand Alone Office Building

      Office building for lease with parking in McGregor Office Park.
      5 Mtn Ledge Dr, Wilton, NY 12831
      View Details
    • Contact for pricing
      9,835 SF

      Stand Alone Office Building

      Stand alone office building with parking in McGregor Office Park.
      5 Mountain Ledge Dr, Gansevoort, NY 12831
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ballard Rd
    Gansevoort, NY 12831
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Ballard Rd, Gansevoort, NY, 12831
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!