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Property profile & analytics
FOR SALE
Commercial land

126 West Ave Saratoga Springs, NY 12866

2,783 SF
Property ID
US63-3543526
Property summary
AI-generated overview

Prime Saratoga Springs Opportunity! Available now is a rare corner lot at a signalized intersection on West Ave (approx. 15,000 AADT) offering outstanding visibility and accessibility, less than a mile from Broadway. Currently improved with a single-family home, the property can be renovated and expanded, or cleared for new development thanks to its highly flexible Transect 4 zoning. This zoning allows for a wide variety of uses, including stand-alone retail, professional or medical offices, financial institutions, owner-occupied offices, mixed-use, or residential projects. Its location across from newly constructed senior housing makes it especially well-suited for geriatric or support services of all kinds. Adding tremendous value, the property comes with approved architectural and site plans for a landmark mixed-use development. The design features 4,136 sq. ft. of commercial space, a 1,122 sq. ft. apartment, and four luxury condominiums ranging from 3,239-3,551 sq. ft., each planned with 2-4 bedrooms, dens, private balconies, garages, and even elevators. With a recently improved structure onsite, prime corner visibility, and shovel-ready approvals in place, this property offers endless potential — whether you choose to reimagine the existing building or bring a modern mixed-use vision to life.

Property profile
Verified
Property type Commercial land
Total area 2,783 SF
UPID US63-3543526
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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