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Property profile & analytics

426 Geyser Rd Ballston Spa, NY 12020

  • Investment properties
  • 2,400 SF
  • 0.46 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-0408932
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

  • European Day Spa Salon / Beauty Salon
  • Michelle's Hair Studio / Beauty Salon / Hair Salon

Property Details for 426 Geyser Rd

Year built
1972
Lot size
0.46 lot acres
Property size
2,400 SF
Zone code
TC
Property type
Investment properties
Property subtype
Retail residential properties
APN
414289 190.7-1-56
APU
4142891907156

Description

This exceptional 2,400 square foot special purpose property, located at 426 Geyser Road in Ballston Spa, Saratoga County, presents a unique investment opportunity. The single-tenant building sits on a spacious 20,038 square foot lot and is fully remodeled, offering a turnkey operation for a discerning buyer. The property boasts a comprehensive array of amenities, including 20 paved parking spaces with additional room for expansion behind the building. Inside, the salon/spa features two massage chairs, four tanning booths, three massage rooms, and three cutting stations each equipped with hydraulic chairs. Further enhancing its appeal are a sauna, a coin-operated automatic dog wash station, a laundry area, and a kitchen. All existing furnishings are included in the sale, providing a seamless transition for the new owner. Recent improvements include well testing and septic cleaning, ensuring the property is in excellent working order. The property is offered under a Triple Net Lease, meaning the tenant is responsible for all property taxes, maintenance, snow removal, utilities, and taxes. This presents a low-maintenance investment opportunity with significant potential for return. The property's prime location on Geyser Road in Ballston Spa adds to its desirability. This is a rare opportunity to acquire a fully operational and well-equipped salon and spa business in a highly sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $397,000
    Market price range: $149k - $413k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $370,000
    Current use
    AUTO REPAIR, GARAGE
    $385,000
    Change: +4% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Ballston Spa
County
Saratoga
State
New York
Longitude
-73.8466
Latitude
43.0474
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
$85,500
$192,500
$278,000
-
$122,318
$275,393
$397,711
More about this property
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