Property profile

1260 Saratoga Rd Ballston Spa, NY 12020

OFF-MARKET
Warehouses
Property ID
US63-3368006
8,272 SF 17.54 ac lot Built 1975
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 44.76-acre light industrial land parcel in Ballston Spa, NY, presents a significant investment opportunity. Strategically located on Saratoga Road (Route 50), the property boasts approximately 425 feet of road frontage, offering excellent visibility and accessibility. The site's zoning permits light industrial uses, and a potential connection to municipal sewer is available. High traffic volume is ensured with an average annual daily traffic count of 10,082 vehicles on Route 50. Conveniently situated approximately 3.8 miles from Exit 12 of I-87 (Adirondack Northway), this location provides easy access to major transportation arteries. The property is situated just south of McCrea Hill Road and is proximate to several established commercial businesses, including FW Webb, Aztech geothermal, Core Tech Industrial Corporation, and Parts Unlimited. The land is comprised of three parcels and currently includes two existing buildings totaling approximately 15,472 square feet. This prime location and substantial acreage make this property ideal for various industrial developments or expansion projects. The asking price for this significant industrial land offering is $1,250,000. The property's zip code is 12020, and its location is in Saratoga County, New York.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Total area 8,272 SF
Lot 17.54 ac (764,042 SF)
Zoning code 06 - INDUSTRIAL
APN 412089 228.-3-29
UPID US63-3368006

Cap rate & NOI

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

Location

1260 Saratoga Rd Ballston Spa, NY 12020-3500
Ballston Spa metro Census 61701 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$648k
Blend (final) Blend
$300k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A

Zoning & alternative use

06 - INDUSTRIAL · Ballston Spa, 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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