411 Ballston RdGlenville, NY 12302

Property Details for 411 Ballston Rd

Year built

1983

Lot size

1.30 AC

Property size (Sq ft)

3,120 SF

Zone code

CON

Property type

Gas stations

APN

422289 30.10-1-23

APU

4222893010123

Description

This exceptional 1.3-acre commercial lot presents a unique investment opportunity in the thriving Glenville, NY market. Located at 411 Ballston Road, Unit 411, this property offers significant potential for a wide range of commercial developments. The expansive acreage provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location within Glenville ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence. The property's zoning regulations should be independently verified to determine permissible uses. Given the size and location, this lot is well-suited for various commercial ventures, from retail establishments and office spaces to light industrial facilities or potentially a mixed-use development. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific business needs and to explore the potential for maximizing its development potential. The absence of a listed square footage underscores the flexibility this land offers for custom construction tailored to the buyer's vision. This is a rare opportunity to acquire a substantial commercial parcel in a desirable location, offering significant long-term growth potential. Serious inquiries are welcome. All information provided is deemed reliable but not guaranteed and should be independently verified.

• CAP approach

  CAP return

  Valuation

  6%

  $1,139,333

  6.5%

  $1,051,692

  7%

  $976,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,034,206

  Geo Method

  $1,027,301

• Alternative Use

  Use

  Valuation

  Residential

  $887,141

  Hospitality

  $812,617

  Educational

  $676,088

  Medical

  $699,339

  Retail

  $1,051,692

Location Insight

City

Schenectady

County

Schenectady

State

New York

Latitude

42.8442

Longitude

-73.948

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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