This exceptional 4,020-square-foot medical office building presents a unique opportunity for a single tenant in the thriving Clifton Park, New York market. Located at 521 Vischer Ferry Road, this property boasts a prime location within Saratoga County, offering easy access to major roadways and a substantial 2.02-acre lot. The building is entirely vacant, providing a blank canvas for a discerning medical practice to customize the space to their exact specifications. The building features a robust 400-amp electrical service, ensuring ample power for sophisticated medical equipment. The single-tenant occupancy offers complete control and privacy, ideal for a growing practice seeking to establish a strong presence in the community. The property's classification as a medical office building suggests it may already have features suitable for medical use, though this should be verified independently. This is a rare opportunity to acquire a substantial, well-located medical office building in a desirable area of New York. The property is available for lease and offers significant potential for a practice seeking to expand or establish a new location. The address is 521 Vischer Ferry Road, Clifton Park, NY 12065. The property is situated in Saratoga County.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$998,630
6.5%
$921,813
7%
$855,969
Comparable approach
Method
Valuation
Relative Method
$528,784
Geo Method
$525,253
Alternative Use
Use
Valuation
Residential
$1,143,048
Hospitality
$1,047,026
Educational
$871,113
Medical
$901,072
Retail
$1,355,064
Location Insight
City
Clifton Park
County
Saratoga
State
New York
Latitude
42.8674
Longitude
-73.8197
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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