107 Hermes RdMalta, NY 12020

For Lease
$11/SF/YR View listing
  • Industrial properties
  • 102,726 SF

Property Details for 107 Hermes Rd

Year built
2005
Lot size
0.01 AC
Property size (Sq ft)
102,726 SF
Zone code
C3
Property type
Industrial properties
APN
414089 230.-1-75.11-2
APU
414089230175112

Description

This exceptional Class A office building, located at 107 Hermes Rd, Ballston Spa, NY 12020, offers a total of 108,285 square feet of premium executive office space. The two-story building, constructed in 2007, sits on a six-acre lot and is zoned C3 - NYSERDA. Currently, there are 6 suites available, with a minimum divisible space of 3,000 square feet and a significant amount of vacant space totaling 60,402 square feet. Multiple office suites are available for lease, ranging from approximately 3,796 to 9,520 square feet, offering flexible lease terms to suit various business needs. Specific suite sizes and pricing vary

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,209,132
    Hospitality
    $26,755,408
    Educational
    $22,260,186
    Medical
    $23,025,746
    Retail
    $34,626,956
107 Hermes Rd, Malta, New York

Location Insight

City
Ballston Spa
County
Saratoga
State
New York
Latitude
42.9678
Longitude
-73.7684
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
-
-
$10,500,000
$10,500,000
-
-
$10,500,000
$10,500,000

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