Financial
Distress signals
Property profile

1 Charlton Rd Ballston Spa, NY 12020

FOR SALE
Showrooms
Property ID
US63-3821807
1,208 SF 1.63 ac lot Built 1992
Last sale Jul 2021 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a light-industrial warehouse space located on Charlton Road at Route 50, positioned for visibility along a high-traffic corridor. The available unit comprises 2,460 square feet within a site that covers approximately 1.63 acres and provides ample on-site parking. The warehouse/storage area has high ceilings and includes a 14-foot overhead door for vehicle access, and the space is equipped with HVAC and a half bath. The building configuration supports leasing on a net (NNN) basis.

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$610k
Assessed land$155k
Assessed improvement$456k

Value estimate

· Sep 2026
$110k
$99k – $121k
AI approach$155k
NOI build-up
Gross scheduled income$673k
Vacancy & credit loss−$46k
Operating expenses−$188k
NOI · 3,136,685.71% cap applied$439k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$90 – $272
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3,136,685.71%
$439k 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?
RB
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.4
Auto Parts Store9.3
Realty agency9.2

Location

1 Charlton Rd Ballston Spa, NY 12020
County assessor Recorded deeds · 6 transfers 6 qualifying comp sales 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

4 recorded sales · 14 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2530 Rte 9th, Ballston Spa, NY 12020 $920,000 Aug 2024 1,843 SF
202 Northline, Ballston Spa, NY 12020-2408 $2,600,000 Feb 2024 4,628 SF
3 Dominic, Ballston Spa, NY 12020-3638 $1,535,788 Nov 2020 6,900 SF
444 Geyser, Ballston Spa, NY 12020-3021 $850,000 Oct 2020 2,440 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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