Property profile

285 Saratoga Rd Glenville, NY 12302

FOR LEASE
Land
Property ID
US63-3049412
1.08 ac lot
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285 Saratoga Rd, Glenville, NY 12302 For Lease
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285 Saratoga Rd, Glenville, NY 12302
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Property summary

AI-generated overview

This exceptional 1.08-acre commercial land parcel presents a prime development opportunity on Saratoga Road (Route 50) in the thriving Glenville submarket of Schenectady County. Boasting 239 feet of frontage on this heavily trafficked thoroughfare, the property benefits from an impressive 19,912 AADT (Average Annual Daily Traffic). Its strategic location places it in close proximity to a robust concentration of established retailers, including Aldi, Market 32 Supermarkets, CVS, Hannaford, and Applebee's, ensuring high visibility and accessibility for any future development. The property consists of two parcels, totaling 47,044 square feet, and is conveniently situated near the intersection with Sheffield Road. This location offers unparalleled exposure to a significant consumer base, making it ideal for a variety of commercial ventures. The site's size and prominent positioning make it an exceptional investment opportunity for developers seeking a high-impact location in a densely populated and commercially active area. This is a rare chance to acquire a substantial parcel in a highly desirable location with excellent visibility and access. The property is currently vacant and ready for immediate development.

Property profile

Verified
Property type Land
Lot 1.08 ac (47,045 SF)
UPID US63-3049412

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

285 Saratoga Rd Glenville, NY 12302
Glenville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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