Financial
Distress signals
Property profile

2255 Ballston Ave Saratoga Springs, NY 12866

FOR SALE
Turn key restaurants
Property ID
US63-4148443
10,240 SF 14.19 ac lot Built 1940
Last sale Mar 2024
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 2255 Ballston Avenue, the property is known as the longtime Villa Balsamo and is sited on expansive, park-like grounds featuring mature trees, open green space, and a level of privacy. It includes an existing special use permit framework designed to support a range of commercial and agricultural-oriented uses, with the site configured to accommodate continued operations under that permit. The stated use categories within the permit framework include hospitality and membership-style

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$1.25M
Assessed land$590k
Assessed improvement$660k

Value estimate

· Sep 2026
$600k
$540k – $660k
NOI build-up
Gross scheduled income$154k
Vacancy & credit loss−$23k
Operating expenses−$69k
NOI · 1.91% cap applied$62k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$267/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$92 – $476

Cap rate analysis

How does the asset earn?
1.91%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RR1
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant6.9
Wholesale Shop8.2
Auto Repair Shop8.7

Location

2255 Ballston Ave Saratoga Springs, NY 12866
County assessor Recorded deeds · 1 transfer Comp sales · not on file 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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