New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Warehouses
7 Old Stonebreak Rd, Ballston Spa, NY 12020-4511
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-5452186
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Total area
25,000 SF
Lot
2.82 ac (122,839 SF)
Zoning code
PDD
APN
414089 229.-3-51
UPID
US63-5452186
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
Current use
Occupant on record · Public records
-
Unified Beerworks Production Facility Brewery & Distillery
-
Top sports Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$2.98M
Owner & transaction history
Jma Properties Of Malta LLC · 8 yrs held
Jma Properties Of Malta LLC
since 2018
7 recorded transactions
Zoning & alternative use
PDD · Ballston Spa, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+80.1%
Commercial (general)
$3.9M
+73.6%
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 Ballston Spa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ballston Spa 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,130,000
6.5%
$2,890,000
7%
$2,680,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,230,000
Current use
AUTO REPAIR, GARAGE
$4,020,000
Change: +80% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,875,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±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
$119 / 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
$3,150,000
Assessed 2023
Previous assessed
$3,000,000
+5.0% YoY
Assessed land
$454,100
Assessed improvement
$2,695,900
Land market value
$454,100
Improvement market value
$2,695,900
Total market value
$3,150,000
Applied tax rate
414,201.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
NONE
Buildings
2
Stories
1
Total area
25,000 SF
Lot
2.82 ac (122,839 SF)
Zoning code
PDD
APN
414089 229.-3-51
UPID
US63-5452186
Jurisdiction
SARATOGA
Zoning & alternative use
PDD · Ballston Spa, NY
Zoning PDD · permitted uses
PDD · Ballston Spa, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ballston Spa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
Stories
1
Buildings
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
Jma Properties Of Malta LLC
Entity
Free & Clear · 8 yrs held
Mailing address
200 FILLPOINT DR, MECHANICVILLE, NY 12118-3146
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2018
—
Jma Properties Of Malta LLC
—
Deed
related
$1,920,000 · Pioneer Svgs Bk
May 29, 2018
$2,450,000
Jma Properties Of Malta LLC
Mj Prop Of Clifton Pk INC
Warranty Deed
—
Sep 20, 2017
—
M J Props Of Clifton Park INC
M J Props Of Clifton Park INC
Quit Claim Deed
related
—
Aug 29, 2017
—
Mj Properties Of Clifton Park INC
Mj Properties Of Clifton Park INC
Quit Claim Deed
related
—
Aug 29, 2017
$157,250
Mj Prop Of Clifton Park INC
Mj Prop Of Clifton Park INC
Warranty Deed
related
—
Sep 15, 2016
$700,000
Nj Properties Of Clifton Park INC
120 Division Street Holdings L
Warranty Deed
—
Jul 5, 2012
$500,000
120 Division Street Holdings L
Hayes Paving Co INC
Grant Deed
related
—
Aug 7, 2008
$295,000
Hayes Paving Co INC
Mackay,alexander
Grant Deed
—
—
—
Jma Properties Of Malta LLC
—
Deed Of Trust
related
$1,920,000 · Pioneer Svgs 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Old Stonebreak Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
