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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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