Property profile

5 Wells St Saratoga Springs, NY 12866

FOR SALE
Office buildings
Property ID
US63-Q020354
7,128 SF
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Property summary

AI-generated overview

Professional office building near Saratoga Hospital and downtown Saratoga. The current layout includes 13 offices, a large kitchen, two conference rooms, multiple bathrooms, a media room and additional storage. The property has 19 private paved parking spaces with additional lot space to create mo ... re. The roof was replaced in 2017 and there have been numerous capital upgrades in the past five years. Great for an owner/occupier. Furniture and artwork not included in sale. Zoned UR-2

Property profile

Verified
Property type Office buildings
Total area 7,128 SF
UPID US63-Q020354

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

5 Wells St Saratoga Springs, NY 12866
Saratoga Springs metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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