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Property profile & analytics
FOR LEASE
Manufacturing properties
5 Rexford Way, Halfmoon, NY 12065
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3901543
For Lease
1 / 2
$11 SF/Yr
5 Rexford Way, Halfmoon, NY 12065
View Listing →
Property summary
AI-generated overview
This exceptional 10,000-square-foot flex space in Saratoga County presents a unique build-to-suit opportunity. Located on a generous 5.41-acre lot, this single-tenant property offers unparalleled flexibility. The owner/contractor is ready to construct a new building ranging from 5,000 to 10,000 square feet, tailored to your specific needs. Enjoy convenient access to Interstate 87 and the Luther Forest area, ensuring seamless logistics and connectivity. The property boasts a prime location with established businesses as neighbors, including Bast Hatfield Construction, Unite Rentals, H.T. Lyons Mechanical Contractors, and Stenner Pumps. The lease rate is competitively priced at $11.00 per square foot, triple net (NNN). This is an exceptional chance to secure a modern, efficient, and strategically located flex space in a thriving business community. The property is listed under MLS #201400581. Don't miss this opportunity to establish your business in a desirable and well-connected location. Contact us today to discuss your build-to-suit requirements and explore the possibilities.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2017
Total area
10,005 SF
Lot
6.05 ac (263,538 SF)
Zoning code
05 - COMMERCIAL
APN
413800 284.-2-70
UPID
US63-3901543
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$625k
Owner & transaction history
Kings Crossing LLC · 6 yrs held
Kings Crossing LLC
since 2020
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Clifton Park, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$895,000
+52.2%
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 Halfmoon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Halfmoon 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
Method
Estimation
Statistic approach
by Request
ML approach
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$585,000
Current use
WAREHOUSE, STORAGE
$895,000
Change: +52% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
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
$476,100
Assessed 2023
Previous assessed
$476,100
+0.0% YoY
Assessed land
$85,800
Assessed improvement
$390,300
Land market value
$201,882
Improvement market value
$918,353
Total market value
$1,120,235
Applied tax rate
412,402.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2017
Heating
NONE
Cooling
PARTIAL
Stories
1
Total area
10,005 SF
Lot
6.05 ac (263,538 SF)
Zoning code
05 - COMMERCIAL
APN
413800 284.-2-70
UPID
US63-3901543
Jurisdiction
SARATOGA
Zoning & alternative use
05 - COMMERCIAL · Clifton Park, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Clifton Park, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clifton Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$585,000
WAREHOUSE, STORAGE
Est. value
$895,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.05 ac
Current owner
From public records · entity-resolved
Kings Crossing LLC
Entity
Mailing address
1399 CRES VISCHER FRY RD, HALFMOON, NY 12065-6334
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Mar 30, 2020
—
Kings Crossing LLC
—
Deed
related
$1,550,000 · Catskill Hudson Bk
Aug 14, 2017
—
Kings Crossing LLC
—
Grant Deed
related
$1,703,093 · Catskill Hudson Bk
—
—
Kings Crossing LLC
—
Deed Of Trust
related
$1,550,000 · Catskill Hudson Bk
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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