Financial
Distress signals
Property profile

250 Excelsior Ave Saratoga Springs, NY 12866

FOR LEASE
Other warehouses
Property ID
US63-5756860
22,670 SF 2.55 ac lot Built 1990
Last sale Nov 2023 · $47,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office suite comprises 1,700 square feet configured for professional use and features built-in elements, high-end lighting, hardwood flooring, and a glass conference room. The interior layout includes two large multi-person work areas, four private offices, two private bathrooms, a kitchenette, and a conference room. The suite has a private entry and is designed to include five designated parking spaces. It is structured under an NNN model, with the tenant responsible for utilities other than internet and phones, and any furniture shown is not part of the space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$587k
Assessed land$452k
Assessed improvement$135k

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
Submarket $/SF estimate$1.45M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$6k
Operating expenses−$8k
NOI · 148,361.29% cap applied$23k

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?
148,361.29%
$23k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
INDL
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm16.2
Building Supply15.6
Wholesale Shop13.6

Location

250 Excelsior Ave Saratoga Springs, NY 12866
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
41 Old Gick, Saratoga Springs, NY 12866-9450 $4,680,000 Mar 2025 35,160 SF
252 Washington, Saratoga Springs, NY 12866-5960 $1,079,000 Mar 2023 10,032 SF
25 Sta, Saratoga Springs, NY 12866-6066 $1,235,000 Jan 2021 16,922 SF
3081 Rte 50, Saratoga Springs, NY 12866-2930 $3,412,935 Sep 2020 9,708 SF
Rear Washington St, Saratoga Springs, NY 12866 $1,000,000 Jan 2019 10,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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