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    FOR LEASE
    Office buildings

    12 Spg St, Schuylerville, NY 12871-1049

    13,316 SF 1.55 ac lot Built 1960
    Individually Owned 17-yr Hold Free & Clear
    Property ID
    US63-5711729
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 12 Spring Street, Unit 102, in Schuylerville, New York, presents a unique opportunity for businesses seeking a substantial office space with significant land holdings. The property encompasses a generous 1.55 acres of land, offering ample room for expansion, future development, or simply enjoying a spacious and private setting. The office space itself, situated within Unit 102, is ready for immediate occupancy and customization to suit a variety of business needs. While the precise square footage is currently unavailable, the expansive acreage surrounding the building provides significant potential for growth and development. The property's location in Schuylerville offers easy access to local amenities, transportation routes, and a thriving community. This is an ideal opportunity for a company looking to establish a strong presence in a desirable location with the added benefit of considerable land for future projects. The asking price for this property is currently being determined. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. Contact us today to schedule a viewing and discuss the possibilities. This property is being offered as-is.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Total area 13,316 SF
    Lot 1.55 ac (67,518 SF)
    Zoning code CONF
    APN 415001 157.48-1-12
    UPID US63-5711729
    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
    Current use
    Occupant on record · Public records
    • Reynolds William F Law Firm
    • Flatley–Read, INC Environmental Consultant Economic Consultant
    • Renauld Family Practice Family Counselor
    • Saratoga Town Hall City Government Office
    • Saratoga Town Justice Office City Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.96M
    Comparable Approach Comparable
    $1.49M
    Blend (final) Blend
    $2.15M
    Owner & transaction history
    Schuylerville H S Building Ll · 17 yrs held
    Schuylerville H S Building Ll
    since 2008
    4 recorded transactions
    2008
    2008
    $4.3M
    2005
    $500,000
    2005
    Zoning & alternative use
    CONF · Schuylerville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.6M +34.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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