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Property profile & analytics
FOR LEASE
Office buildings
4-10 Main St, Ballston Lake, NY 12019
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-4134486
For Lease
1 / 5
$550/Mo
4-10 Main St, Ballston Lake, NY 12019
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1902
Total area
2,516 SF
Lot
1.41 ac (61,420 SF)
APN
412089 257.12-1-81
UPID
US63-4134486
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
-
Kaitlyn VanDenburg Life & Wellness Life Coach
-
Sorella Spa & Wellness Alternative Medicine Practice Spa & Massage Center
-
Longtin Properties, LLC Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John France · 18 yrs held
John France
since 2008
3 recorded transactions
Zoning & alternative use
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 Ballston Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ballston Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$600,000
Assessed 2023
Previous assessed
$600,000
+0.0% YoY
Assessed land
$125,000
Assessed improvement
$475,000
Land market value
$177,305
Improvement market value
$673,759
Total market value
$851,064
Applied tax rate
412,001.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1902
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
4
Total area
2,516 SF
Lot
1.41 ac (61,420 SF)
APN
412089 257.12-1-81
UPID
US63-4134486
Jurisdiction
SARATOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1902
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
4
Lot
1.41 ac
Current owner
From public records · entity-resolved
John France
Individual
Free & Clear · 18 yrs held
Mailing address
6 HUNTER HL RD, BALLSTON LAKE, NY 12019-2326
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2008
$394,610
John France
Premier Properties Dev
Grant Deed
—
—
—
Longtin Properties LLC
—
Deed Of Trust
related
$196,111 · Ballston Spa National Bank
—
—
Longtin Properties LLC
—
Deed Of Trust
related
$450,000 · Ballston Spa National Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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