Property profile

65 Saratoga Rd Glenville, NY 12302

FOR LEASE
Office buildings
Property ID
US63-2658360
6,620 SF 1.45 ac lot Built 2023
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 65 Saratoga Road in Schenectady, NY, offers 10,548 square feet of newly constructed Class A office space within the Miracle View Professional Office Park. The property features two modern, two-story buildings totaling 12,704 square feet on a 1.45-acre lot (63,162 sq ft). Built in 2024, these buildings boast robust precast concrete floors and walls, ensuring superior quality and durability. Large windows and high ceilings create a bright and inviting atmosphere. The versatile floor plans are easily adaptable to various professional or retail uses. The space is offered in vanilla shell condition, allowing for complete customization to tenant specifications. Options range from 1,000 to 6,400 square feet. The property includes 35 total parking spaces and is conveniently located near Route 50. Zoned for Professional/Residential use, this property presents a unique opportunity in Schenectady County (APN: 22.18-2-37.1). The single-tenant occupancy provides flexibility and control. Lease rates are subject to change based on build-out requirements and square footage. This is a prime location for businesses seeking modern, high-quality office space in a thriving community.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2023
Total area 6,620 SF
Lot 1.45 ac (63,162 SF)
Zoning code CON
APN 422289 22.18-2-37.1
UPID US63-2658360

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
  • Engineer

Location

65 Saratoga Rd Glenville, NY 12302
Glenville metro Census 32404 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2019
3 recorded transactions
2023
Price N/A
2022
Price N/A
2019
$42,500

Zoning & alternative use

CON · Glenville, NY

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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More about this property
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