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Financial
Distress signals
Property profile

426 Geyser Rd Ballston Spa, NY 12020

FOR SALE
Other investment properties
Property ID
US63-0408932
2,400 SF 0.46 ac lot Built 1972
Last sale Apr 2014 · $253,750
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial-use building in Ballston Spa, New York, on a 0.46-acre lot and zoned for commercial activity. The interior spans approximately 2,400 square feet and is configured for multiple service- and retail-oriented uses, including office, salon, wellness, or specialty retail. It includes two massage chairs, four tanning booths, three private massage rooms, and three cutting stations with hydraulic chairs, along with a sauna, a coin-operated automatic dog wash station, a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$278k
Assessed land$86k
Assessed improvement$193k

Value estimate

· Oct 2026
$290k
$261k – $319k
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 5.87% cap applied$37k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$90 – $272
Qualifying comparables11

Cap rate analysis

How does the asset earn?
5.87%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TC
JurisdictionSARATOGA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency17.0
Spa & Massage10.9
HVAC Service10.8

Location

426 Geyser Rd Ballston Spa, NY 12020
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17 Milton, Ballston Spa, NY 12020-1448 $280,000 Dec 2023 2,437 SF
17 Rte 9p, Ballston Spa, NY 12020 $325,000 Sep 2023 2,499 SF
201 Northline, Ballston Spa, NY 12020-2409 $550,000 May 2022 2,320 SF
30 Remsen, Ballston Spa, NY 12020-1911 $170,000 Dec 2020 2,094 SF
427 Hop City, Ballston Spa, NY 12020-3301 $205,000 Nov 2020 2,256 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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