Property profile

75 Brookline Rd Ballston Spa, NY 12020

OFF-MARKET
Other warehouses
Property ID
US63-2465922
3,000 SF 10.34 ac lot Built 2002
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This self-storage facility was constructed in two phases in 2002 and 2003 and is located just south of Saratoga, New York at the intersection of Brookline Road and NYS Route 50. The property includes 14 storage buildings totaling 78,000 square feet and contains 683 individual storage units, of which 192 are climate-controlled. The facility historically had a 95% physical occupancy rate as of October 1, 2018 and has been operated as a stabilized asset. The surrounding area has limited commercial activity and has experienced growth in residential and multi-family development, with nearby recreational and institutional amenities including the historic thoroughbred Horse Track, universities, freshwater lakes suitable for boating and camping, and proximity to Albany, the state capital. The facility has no further expansion available.

Property profile

Verified
Property type Other warehouses
Use group BULK STORAGE, TANKS
Year built 2002
Total area 3,000 SF
Lot 10.34 ac (450,410 SF)
APN 412089 228.-3-9.1
UPID US63-2465922

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
  • Storage Facility

Location

75 Brookline Rd Ballston Spa, NY 12020-3560
Ballston Spa metro Census 61701 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.93M

Owner & transaction history

since 2019
3 recorded transactions
2019
$7.1M
2011
$5.0M
2007
$4.9M

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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