Property profile

124 Wood Rd Round Lake, NY 12151

FOR SALE
Industrial land
Property ID
US63-4210304
10.13 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10.13-acre parcel of vacant industrial land is ideally situated in the Village of Round Lake, Saratoga County, NY, at 124 Wood Road, zip code 12151. The property, part of a larger ±212-acre tract with common ownership, boasts convenient access to Route 9 (AADT 7,784) and I-87 (Exit 11). Its zoning allows for a diverse range of industrial uses, including assembling/fabrication, processing, light manufacturing, storage, warehousing, distribution, transportation services, automobile/truck rentals, public/private warehousing, and public utilities (e.g., electrical substations, telephone exchanges, water facilities). Permitted uses also include animal-care facilities, emergency ambulance facilities (under contract with Clifton Park), automobile service stations, and buildings accessory to the aforementioned uses. Special Use Variances may permit Tier 1 solar energy systems, telecommunication towers, offices, research labs, equipment maintenance, accessory retail, and mobile home parks. Tier 2 and 3 solar energy systems are also possibilities. This presents a unique opportunity for developers and businesses seeking a strategically located industrial site in a thriving New York community. The property's latitude and longitude coordinates are 42.916793, -73.796167 respectively.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 10.13 ac (441,263 SF)
Zoning code 06 - INDUSTRIAL
APN 412400 250.-2-41
UPID US63-4210304

Cap rate & NOI

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

Location

124 Wood Rd Round Lake, NY 12151
Round Lake metro Census 62501 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

06 - INDUSTRIAL · Round Lake, NY

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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