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Property profile & analytics
OFF-MARKET
Estimated value
$1,180,000
Warehouses
250 Excelsior Ave, Saratoga Springs, NY 12866-8532
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-5756860
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
22,670 SF
Lot
2.55 ac (111,078 SF)
Zoning code
INDL
APN
411589 166.-1-5.2
UPID
US63-5756860
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
-
Mackey Auto Group Saratoga Springs Car Dealership
-
Saratoga Ford Commercial Service Center Auto Repair Shop
-
Mackey Commercial Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.18M
Owner & transaction history
Mag Rlty Hldgs Excels LLC · 2 yrs held
Mag Rlty Hldgs Excels LLC
since 2023
Last sale
$47,500
4 recorded transactions
Zoning & alternative use
INDL · Saratoga Springs, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Saratoga Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saratoga Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.18M
Range $1.06M – $1.30M · ±10% · vs last sale $48k (Nov 30 2023)
Last sale anchor
$48k
Nov 30 2023
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
$52 / 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
$586,720
Assessed 2023
Previous assessed
$586,720
+0.0% YoY
Assessed land
$451,900
Assessed improvement
$134,820
Land market value
$869,039
Improvement market value
$259,269
Total market value
$1,128,308
Applied tax rate
411,500.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
22,670 SF
Lot
2.55 ac (111,078 SF)
Zoning code
INDL
APN
411589 166.-1-5.2
UPID
US63-5756860
Jurisdiction
SARATOGA
Zoning & alternative use
INDL · Saratoga Springs, NY
Zoning INDL · permitted uses
INDL · Saratoga Springs, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saratoga Springs. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Mag Rlty Hldgs Excels LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3002 RTE 50BLDG2, SARATOGA SPRINGS, NY 12866-2971
Ownership since
2023
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
Nov 30, 2023
$47,500
Mag Rlty Hldgs Excels LLC
People Of St Of Ny
Deed
—
May 29, 2020
$2,400,000
Mag Realty Hldgs Excelsior Pk
Clc Real Estate Corp
Warranty Deed
$2,280,000 · Clc Real Estate Corp
Oct 15, 2008
—
Clc Real Estate Corp
Charlebois,claude
Grant Deed
related
—
Dec 30, 2005
—
Clc Real Estate Corporation
Charlebois,claude
Warranty 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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