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    Property profile & analytics

    232 Washington St Saratoga Springs, NY 12866

    • Turn key restaurants
    • 1,751 SF
    • 1.62 lot acres
    For Sale
    View listing
    $2,990,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-3143144
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pope's Italian Restaurant / Pizza Restaurant / Italian Restaurant

    Property Details for 232 Washington St

    Year built
    1984
    Lot size
    1.62 lot acres
    Property size
    1,751 SF
    Zone code
    C2A
    Property type
    Turn key restaurants
    APN
    411501 165.14-2-6
    APU
    4115011651426

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $285,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $235,000
      Mixed-Use
      $310,000
      Hospitality
      $230,000
      Educational
      $230,000
      Residential Income
      $260,000
      Energy
      $300,000
      Income-Based Land
      $305,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Saratoga Springs
    County
    Saratoga
    State
    New York
    Longitude
    -73.8001
    Latitude
    43.0794
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $280,200
    $138,900
    $419,100
    -
    $538,846
    $267,116
    $805,962

    Comparable in this City

    • Value Estimation by Request
      10,124 SF

      47 Excelsior Ave

      RESTAURANT • 10,124 SF
      47 Excelsior Ave, Saratoga Springs, NY 12866-2438
      View Details
    • Value Estimation
      $1,900,000
      4,830 SF

      468 Louden Rd

      RESTAURANT • 4,830 SF
      468 Louden Rd, Saratoga Springs, NY 12866-5333
      View Details
    • Value Estimation
      $335,000
      2,652 SF

      208 Broadway

      RESTAURANT • 2,652 SF
      208 Broadway, Saratoga Springs, NY 12866-4570
      View Details
    • Value Estimation by Request
      7,832 SF

      87 Henry St

      RESTAURANT • 7,832 SF
      87 Henry St, Saratoga Springs, NY 12866
      View Details
    • Value Estimation
      $925,000
      6,500 SF

      84 Henry St

      RESTAURANT • 6,500 SF
      84 Henry St, Saratoga Springs, NY 12866-3218
      View Details
    • Value Estimation by Request
      6,120 SF

      168 Lincoln Ave

      RESTAURANT • 6,120 SF
      168 Lincoln Ave, Saratoga Springs, NY 12866-4629
      View Details

    Similar Nearby for Sale

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      14-acre estate featuring a mansion with endless possibilities.
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    Similar Nearby for Lease

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    • $18 SF/Yr
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    • Contact for pricing
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      Saratoga Springs Retail Space For Lease

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    • $16,500 /Mo
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      433 Broadway

      Office space • 25,600 SF
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    • $5,000 /Mo
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      Downtown Saratoga Springs Commercial Building

      Commercial building in downtown Saratoga Springs, suitable for retail or office.
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    • $1,465 /Mo
      36,875 SF

      Broadway Mixed-Use Commercial Space

      Mixed-use building with retail, offices, and apartments in Saratoga Springs.
      376 Broadway Unit L5/L6, Saratoga Springs, NY 12866
      View Details
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    232 Washington St
    Saratoga Springs, NY 12866
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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