Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Phaeton Ln Ballston Spa, NY 12020

    • Investment properties
    • 3,030 SF
    • 17.71 lot acres
    OFF-MARKET
    Value Estimation
    $5,725,000
    Last Sale
    Jun 24, 2022
    $4,750,000
    Location Intelligence
    Property ID
    US63-5474019
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for Phaeton Ln

    Year built
    2022
    Lot size
    17.71 lot acres
    Property size
    3,030 SF
    Zone code
    PDD
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    414089 229.-3-50.2
    APU
    4140892293502

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,060,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,615,000
      6.5%
      $5,245,000
      7%
      $4,515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,170,000
      Geo Method
      $4,185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,705,000
      Retail
      $5,385,000
      Mixed-Use
      $5,005,000
      Hospitality
      $5,345,000
      Educational
      $5,520,000
      Residential Income
      $5,255,000
      Energy
      $4,945,000
      Income-Based Land
      $4,970,000
      Food Service
      $4,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Ballston Spa
    County
    Saratoga
    State
    New York
    Longitude
    -73.7979
    Latitude
    42.9656
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $3,021,000
    $1,979,000
    $5,000,000
    -
    $3,021,000
    $1,979,000
    $5,000,000

    Comparable in this City

    • Value Estimation by Request
      2,364 SF

      144 Milton Ave

      STORE/OFFICE (MIXED USE) • 2,364 SF
      144 Milton Ave, Ballston Spa, NY 12020-1409
      View Details
    • Value Estimation by Request
      1,178 SF

      3775 Lewis Rd

      STORE/OFFICE (MIXED USE) • 1,178 SF
      3775 Lewis Rd, Ballston Spa, NY 12020-2868
      View Details
    • Value Estimation
      $285,000
      3,760 SF

      2109 Doubleday Ave

      STORE/OFFICE (MIXED USE) • 3,760 SF
      2109 Doubleday Ave, Ballston Spa, NY 12020-2446
      View Details
    • Value Estimation
      $460,000
      22,024 SF

      2017-2019 Doubleday Ave

      STORE/OFFICE (MIXED USE) • 22,024 SF
      2017-2019 Doubleday Ave, Ballston Spa, NY 12020
      View Details
    • Value Estimation
      $330,000
      676 SF

      2029 Doubleday Ave

      STORE/OFFICE (MIXED USE) • 676 SF
      2029 Doubleday Ave, Ballston Spa, NY 12020-1243
      View Details
    • Value Estimation
      $365,000
      2,400 SF

      824 High St

      STORE/OFFICE (MIXED USE) • 2,400 SF
      824 High St, Ballston Spa, NY 12020
      View Details

    Similar Nearby for Sale

    • $759,000
      8,640 SF

      Versatile Mixed-Use Building For Sale

      Commercial building with apartments, showroom, warehouse, office, and parking.
      1118 Middleline Rd, Ballston Spa, NY 12020
      View Details
    • Contact for pricing
      66,700 SF

      Mixed-Use Redevelopment Opportunity

      66,700 SF mixed-use property in a growing community.
      125 Bath St, Ballston Spa, NY 12020
      View Details
    • $3,825,000
      5.29 Acres

      1 Hemphill Pl, Malta, NY 12020

      Mixed-use properties • 5.29 Acres
      1 Hemphill Pl, Malta, NY 12020
      View Details
    • $325,000
      3,000 SF

      Historic Barn with Finished Apartment

      3000sf barn with apartment in Ballston Spa's Central Business District.
      10 Thompson St, Ballston Spa, NY 12020
      View Details
    • $3,499,999
      10,240 SF

      Historic Villa Balsamo Estate

      Magnificent 19th-century estate with endless possibilities on over 14 acres.
      2255 Ballston Ave, Ballston Spa, NY 12020
      View Details
    • $1,499,000

      Route 9 Commercial Hotel Investment

      Prime NY Hotel & Development Land
      2971 Rte, Ballston Spa, NY 12020
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      27,425 SF

      Mixed-Use Building with Existing Approvals

      Two-story mixed-use building with retail and office space for rent.
      10 State Farm Pl, Ballston Spa, NY 12020
      View Details
    • $11 SF/Yr
      10,700 SF

      Suites and Pad Sites Available

      Mixed-use property with suites and pad sites for rent.
      100 Saratoga Village Blvd, Malta, NY 12020
      View Details
    • Contact for pricing
      131,572 SF

      Malta Center: Retail Opportunity

      Prime Route 9 Retail Space, 10 Units Available
      2545 Us-9, Malta, NY 12020
      View Details
    • Contact for pricing
      34,140 SF

      Malta, NY Office Space for Lease

      Prime Route 9 location, 4,430 sq ft available.
      2452 Us-9, Malta, NY 12020
      View Details
    • $1.00 SF/Yr
      108,285 SF

      Office and Warehouse Space Available

      Multiple office suites and high bay warehouse spaces for lease.
      107 Hermes Rd, Ballston Spa, NY 12020
      View Details
    • $1.00 SF/Yr
      108,285 SF

      Industrial Suites Available For Lease

      Multiple industrial and office suites available for lease.
      107 Hermes Rd, Ballston Spa, NY 12020
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Phaeton Ln
    Ballston Spa, NY 12020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.