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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Investment properties
162 Milton Rd Ballston Spa, NY 12020-2806
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-0434519
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2015
Total area
9,100 SF
Lot
1 ac (43,560 SF)
Zoning code
H2
APN
414289 188.15-1-11
UPID
US63-0434519
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
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.84M
CAP Approach
CAP
$1.70M
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$1.63M
Owner & transaction history
Ns Retail Holdings LLC · 5 yrs held
Ns Retail Holdings LLC
since 2021
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
H2 · Ballston Spa, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+72.5%
Office building
$1.8M
+28.5%
Auto repair, garage
$1.5M
+3.7%
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 Ballston Spa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ballston Spa 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
$1,715,000
ML approach
$1,840,000
CAP Approach
CAP Return
Estimation
6%
$1,845,000
6.5%
$1,700,000
7%
$1,580,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,410,000
Current use
RESTAURANT
$2,430,000
Change: +72% · Conversion: Difficult
OFFICE BUILDING
$1,810,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,465,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10% · vs last sale $1.46M (May 27 2025)
Last sale anchor
$1.46M
May 27 2025
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
$179 / 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
$1,150,000
Assessed 2023
Previous assessed
$1,150,000
+0.0% YoY
Assessed land
$250,000
Assessed improvement
$900,000
Land market value
$357,654
Improvement market value
$1,287,553
Total market value
$1,645,207
Applied tax rate
414,201.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2015
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
9,100 SF
Lot
1 ac (43,560 SF)
Zoning code
H2
APN
414289 188.15-1-11
UPID
US63-0434519
Jurisdiction
SARATOGA
Zoning & alternative use
H2 · Ballston Spa, NY
Zoning H2 · permitted uses
H2 · Ballston Spa, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ballston Spa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
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
2015
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ns Retail Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5910 N CENTRAL EXPY STE #1600, DALLAS, TX 75206-5173
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2021
$1,580,000
Ns Retail Holdings LLC
Sea Mountain Ventures LLC
Deed
—
Jun 16, 2015
—
Sea Mountain Ventures LLC
—
Trustees Deed
related
$1,168,000 · Td Bk NA
Apr 15, 2015
$250,000
Sea Mountain Ventures LLC
Bott INC
Warranty Deed
—
Jul 31, 2014
$27,123
Bott INC
County Of Saratoga
Grant Deed
related
—
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.
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