Property profile

112 Spring St 206 Saratoga Springs, NY 12866

FOR LEASE
Office buildings
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Property ID
US63-1869248
13,640 SF 0.78 ac Built 1962
Last sale May 2016·$2,000,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Unit 304 is a renovated office suite within a former school building, comprising 590 square feet. The interior layout includes multiple private meeting rooms, an open central area, and a lunch space with a kitchenette. Common architectural features associated with the building include broad corridors, a central staircase, and tall windows that provide natural light. The property is served by a private parking lot, and the suite includes utilities as part of the service setup. The building is…

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$1.40M
Assessed land$293k
Assessed improvement$1.11M

Value estimate

· Nov 2026
$1.72M
$1.55M – $1.89M
Submarket $/SF estimate$1.07M
NOI build-up
Gross scheduled income$295k
Vacancy & credit loss−$49k
Operating expenses−$62k
NOI · 18,450.80% cap applied$185k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$110 – $290

Cap rate analysis

How does the asset earn?
18,450.80%
$185k 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?
UR4
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service9.6
Storage Facility8.9
Shoe Repair8.6

Location

112 Spring St, Unit 206 Saratoga Springs, NY 12866
County assessor Recorded deeds · 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
90-94 Ee, Saratoga Springs, NY 12866 $4,800,000 Nov 2023 16,476 SF
373 Church, Saratoga Springs, NY 12866-8626 $3,675,000 Dec 2022 10,092 SF
92 Congress, Saratoga Springs, NY 12866-4179 $1,425,000 May 2022 10,111 SF
3257 Rte 9us, Saratoga Springs, NY 12866-6210 $513,200 Aug 2021 10,700 SF
31 Woodlawn, Saratoga Springs, NY 12866-2162 $2,800,100 Jun 2021 10,300 SF
95 Washington, Saratoga Springs, NY 12866-4163 $2,100,000 Dec 2020 14,768 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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Includes: Price & PSF · Cap rate · Location · Zoning

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