Financial
Distress signals
Property profile

2 Old Stonebreak Rd Ballston Spa, NY 12020

OFF-MARKET
Office buildings
Property ID
US63-6199076
5,432 SF 2.62 ac lot Built 1979
Last sale Apr 2019 · $248,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A, 2,400 square foot office and industrial property is situated on a 2.62-acre lot in the desirable Luther Forest submarket of Saratoga County. Built in 1979, this single-story building offers a versatile layout perfect for a variety of businesses. The space includes a reception area, seven offices or conference rooms, two bathrooms, and a break room. Ample parking is available, accommodating both cars and trucks, with a total of 15 spaces. The property boasts a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$770k
Assessed land$453k
Assessed improvement$317k

Value estimate

· Sep 2026
$760k
$684k – $836k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$110 – $290
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PDD
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand index
Auto Repair Shop14.2
Building Supply12.9
Wholesale Shop10.9

Location

2 Old Stonebreak Rd Ballston Spa, NY 12020-4901
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Hemphill, Malta, NY 12020-4517 $990,000 Jan 2024 5,288 SF
2 Hemphill, Malta, NY 12020-4226 $525,000 Jul 2023 2,334 SF
2540 State Rte 9th, Malta, NY 12020-6312 $1,825,000 Apr 2023 8,336 SF
423 Geyser, Ballston Spa, NY 12020-3022 $519,000 May 2022 2,960 SF
974 High, Ballston Spa, NY 12020 $410,000 Jan 2022 2,120 SF
35 Bath, Ballston Spa, NY 12020-1704 $520,000 Sep 2020 12,320 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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