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Property profile & analytics
FOR SALE
Investment properties
1147 Ballston Lake Rd, Ballston, NY 12019
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1679427
For Sale
1 / 34
$1,150,000
1147 Ballston Lake Rd, Ballston, NY 12019
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1940
Total area
360 SF
Lot
0.91 ac (39,640 SF)
Zoning code
05 - COMMERCIAL
APN
412400 257.16-1-9
UPID
US63-1679427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jtm Development LLC · 2 yrs held
Jtm Development LLC
since 2024
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Ballston Lake, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ballston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ballston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$57,000
Assessed 2023
Previous assessed
$57,000
+0.0% YoY
Assessed land
$33,700
Assessed improvement
$23,300
Land market value
$86,410
Improvement market value
$59,744
Total market value
$146,154
Applied tax rate
412,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1940
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
1
Total area
360 SF
Lot
0.91 ac (39,640 SF)
Zoning code
05 - COMMERCIAL
APN
412400 257.16-1-9
UPID
US63-1679427
Jurisdiction
SARATOGA
Zoning & alternative use
05 - COMMERCIAL · Ballston Lake, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Ballston Lake, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ballston Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Jtm Development LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 40, PATTERSONVILLE, NY 12137-0040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
$300,000
Jtm Development LLC
Theresa J Nowicki
Warranty Deed
—
Jan 19, 2021
$135,000
Theresa J Nowicki
Reckner Donald L Trust
Grant Deed
—
Jan 23, 2019
—
Donald,l-trustee Reckner
Reckner,donald
Quit Claim Deed
related
—
Sep 21, 2012
$90,000
Donald L Reckner
Swatling,robert V JR
Grant Deed
$80,000 · Robert V JR Watling
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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