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    OFF-MARKET
    Land

    3 Via Rossi Way, Ballston Spa, NY 12020

    6.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.6-acre commercial land parcel in Ballston Spa, New York, presents a unique investment opportunity. Located at 3 Via Rossi Way, 12020, this fee-simple property boasts fully approved plans for the construction of two single-story multi-tenant buildings. The first building encompasses 18,850 square feet, while the second building offers 12,500 square feet of potential commercial space. This prime location offers excellent visibility and accessibility, situated adjacent to a Hannaford Supermarket, ensuring high foot traffic and convenient access for potential tenants. The property's strategic positioning within Saratoga County, New York, provides access to a thriving local economy and a strong regional market. The approved plans streamline the development process, minimizing delays and maximizing return on investment. This is an ideal opportunity for developers seeking to capitalize on the growing demand for commercial space in this desirable area. The asking price for this exceptional property is $3,400,000. Detailed plans and specifications are available upon request. Don't miss this chance to acquire a significant commercial land holding in a prime location.

    Property profile
    Verified
    Property type Land
    Lot 6.6 ac (287,496 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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