15 Trieble AveBallston Spa, NY 12020

  • Strip malls
  • 14,140 SF

Property Details for 15 Trieble Ave

Year built
2005
Lot size
2.55 AC
Property size (Sq ft)
14,140 SF
Zone code
TC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
414289 190.-7-1.312
APU
41428919071312

Description

This exceptional 1.5-acre commercial land parcel presents a unique opportunity for development in the thriving Ballston Spa area. Located at 15 Trieble Avenue, Milton, NY 12020, this single-tenant property offers significant potential for businesses seeking a prominent location in Saratoga County. The site boasts a generous lot size, providing ample space for construction and future expansion. Its convenient location offers easy access to major transportation routes, ensuring excellent visibility and accessibility for any commercial venture. The property is designated as commercial land, suitable for a wide range of development projects. This is an ideal opportunity for businesses looking to establish a strong presence in a rapidly growing market. The property is zoned for commercial use and is ready for immediate development. Utilities are available, and the site is relatively flat, minimizing site preparation costs. This prime location in Saratoga County offers a strong potential for return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,163,515
    6.5%
    $4,766,322
    7%
    $4,425,870
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,687,076
    Geo Method
    $4,655,782
  • Alternative Use

    Use
    Valuation
    Residential
    $4,020,570
    Hospitality
    $3,682,821
    Educational
    $3,064,064
    Medical
    $3,169,442
    Retail
    $4,766,322

Location Insight

City
Ballston Spa
County
Saratoga
State
New York
Latitude
43.0484
Longitude
-73.8522
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
-
$448,800
$1,191,200
$1,640,000
-
$642,060
$1,704,149
$2,346,209

FAQs

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