285 Saratoga Rd, Schenectady, NY 12302
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.