Realmo Analytics

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Financial
Distress signals
Property profile

4 Mccrea Hill Rd Ballston Spa, NY 12020

FOR LEASE
Warehouses
Property ID
US63-3804895
19,952 SF 4 ac lot Built 2004
Last sale Aug 2023 · $2,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$829k
Assessed land$285k
Assessed improvement$544k

Value estimate

· Oct 2026
$2.36M
$2.12M – $2.60M
AI approach$2.42M
CAP approach$2.31M
NOI build-up
Gross scheduled income$199k
Vacancy & credit loss−$14k
Operating expenses−$56k
NOI · 1,236,952.38% cap applied$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$89/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$64 – $133

Cap rate analysis

How does the asset earn?
1,236,952.38%
$130k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency9.8
Building Supply9.7
HVAC Service9.3

Location

4 Mccrea Hill Rd Ballston Spa, NY 12020
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Hermes, Ballston Spa, NY 12020-4488 $1,300,000 Dec 2023 23,134 SF
1 Old Stonebreak, Malta, NY 12020-4900 $125,000 Jan 2022 10,914 SF
15 Commerce, Ballston Spa, NY 12020 $2,200,000 Dec 2021 18,020 SF
17 Commerce, Ballston Spa, NY 12020-3631 $3,000,000 Apr 2021 29,150 SF
2-A Mc Crea Hl, Ballston Spa, NY 12020 $410,000 Mar 2021 18,750 SF
14 Commerce, Ballston Spa, NY 12020-3631 $2,500,000 Apr 2019 22,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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