Property profile

3 Via Rossi Way Ballston Spa, NY 12020

OFF-MARKET
Land
6.6 ac lot
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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

Location

3 Via Rossi Way Ballston Spa, NY 12020
Ballston Spa 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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