Property profile

10 Hermes Rd Ballston Spa, NY 12020

OFF-MARKET
Industrial properties
Property ID
US63-5116909
23,134 SF 5.59 ac lot Built 1975
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Total area 23,134 SF
Lot 5.59 ac (243,500 SF)
Zoning code C3
APN 414089 230.-1-75.12
UPID US63-5116909

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office
  • Electric Vehicle Charging Station
  • Factory Production Facility
  • Construction Company General Contractor

Location

10 Hermes Rd Ballston Spa, NY 12020-4488
Ballston Spa metro Census 61907 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$912k
Blend (final) Blend
$1.32M

Owner & transaction history

since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
2008
Price N/A

Zoning & alternative use

C3 · Ballston Spa, NY
Top alternative use upside
Warehouse, storage $2.1M +52.2%

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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