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Property profile & analytics
FOR LEASE
Office buildings
120 West Ave, Saratoga Springs, NY 12866
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US63-6072313
For Lease
$2,820/Mo
120 West Ave, Saratoga Springs, NY 12866
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2008
Total area
18,075 SF
Lot
0.73 ac (31,799 SF)
Zoning code
C2A
APN
411501 165.72-1-29
UPID
US63-6072313
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
-
ChapOS IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Law Office of Stephen W. Rossi, Esq. Law Firm
-
Saratoga Accounting & Tax. Dawn Rodecker, CPA Accounting Firm
-
KaffeeHouse Cafe & Coffee Shop
-
Aurora Massage and Bodyworks Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.58M
Blend (final)
Blend
$2.04M
Owner & transaction history
Jabco Ents LLC · 13 yrs held
Jabco Ents LLC
since 2013
5 recorded transactions
Zoning & alternative use
C2A · Saratoga Springs, 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 Saratoga Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saratoga Springs 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,905,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$113 / SF
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
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Assessed land
$79,650
Assessed improvement
$1,420,350
Land market value
$153,173
Improvement market value
$2,731,442
Total market value
$2,884,615
Applied tax rate
411,500.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
2008
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
1
Stories
3
Bathrooms
1
Total area
18,075 SF
Lot
0.73 ac (31,799 SF)
Zoning code
C2A
APN
411501 165.72-1-29
UPID
US63-6072313
Jurisdiction
SARATOGA
Zoning & alternative use
C2A · Saratoga Springs, NY
Zoning C2A · permitted uses
C2A · Saratoga Springs, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saratoga Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.9M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
ELECTRIC
Cooling
Yes
Stories
3
Buildings
1
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Jabco Ents LLC
Entity
Mailing address
120 WW AVE STE #301, SARATOGA SPRINGS, NY 12866-6077
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2013
—
Jabco Ents LLC
S & D Realty Management LLC
Grant Deed
—
Oct 22, 2004
$339,000
S & D Realty Management LLC
Varley,bonnie-jean A
Warranty Deed
—
—
—
S & D Realty Management LLC
—
Deed Of Trust
related
$2,698,000 · Security Mutual Life Ins Co Ne
—
—
Jabco Ents LLC
—
Deed Of Trust
related
$81,500 · Irwin Kamen
—
—
Jabco Ent LLC
—
Loan Modification
related
$2,789,612 · Miscellaneous Ins Co
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.
Try Rey
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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