12 Spring StSchuylerville, NY 12871

  • Office buildings
  • 13,316 SF

Property Details for 12 Spring St

Year built
1960
Lot size
1.55 AC
Property size (Sq ft)
13,316 SF
Zone code
CONF
Property type
Office buildings
APN
415001 157.48-1-12
APU
41500115748112

Description

This exceptional commercial property, located at 12 Spring Street, Unit 102, in Schuylerville, New York, presents a unique opportunity for businesses seeking a substantial office space with significant land holdings. The property encompasses a generous 1.55 acres of land, offering ample room for expansion, future development, or simply enjoying a spacious and private setting. The office space itself, situated within Unit 102, is ready for immediate occupancy and customization to suit a variety of business needs. While the precise square footage is currently unavailable, the expansive acreage surrounding the building provides significant potential for growth and development. The property's location in Schuylerville offers easy access to local amenities, transportation routes, and a thriving community. This is an ideal opportunity for a company looking to establish a strong presence in a desirable location with the added benefit of considerable land for future projects. The asking price for this property is currently being determined. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. Contact us today to schedule a viewing and discuss the possibilities. This property is being offered as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,307,901
    6.5%
    $3,053,447
    7%
    $2,835,344
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,751,563
    Geo Method
    $1,739,868
  • Alternative Use

    Use
    Valuation
    Residential
    $3,786,274
    Hospitality
    $3,468,207
    Educational
    $2,885,507
    Medical
    $2,984,744
    Retail
    $4,488,567

Location Insight

City
Schuylerville
County
Saratoga
State
New York
Latitude
43.1045
Longitude
-73.5802
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
-
$44,400
$1,856,200
$1,900,600
-
$64,818
$2,709,781
$2,774,599

FAQs

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Please email our support team at [email protected] and they will add the team member.
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