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1502 Route 50 - Land Development: Sale / Lease
0.85 - 1.03 Acre Commercial Land Lots in Ballston Center, NY 12020
Investment Highlights
- Heavy Vehicle Traffic
- Surrounded by Daily Needs Generators
Property Facts
Sale Type | Investment or Owner User | Property Subtype | Commercial |
Sale Conditions | Proposed Use | Retail | |
No. Lots | 2 | Total Lot Size | 1.88 AC |
Property Type | Land |
Sale Type | Investment or Owner User |
Sale Conditions | |
No. Lots | 2 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Retail |
Total Lot Size | 1.88 AC |
2 Lots Available
Lot 1
Lot Size | 1.03 AC |
Lot Size | 1.03 AC |
For sale or development Two commercially zoned lots totaling 1.9 acres Both lots are served by a common boulevard offering access & signal from Route 67 & 50 Existing utilities on site include electric, public water, public sewer, and natural gas
Lot 2
Lot Size | 0.85 AC |
Lot Size | 0.85 AC |
For sale or development Two commercially zoned lots totaling 1.9 acres Both lots are served by a common boulevard offering access & signal from Route 67 & 50 Existing utilities on site include electric, public water, public sewer, and natural gas
Description
Located in Saratoga County, Ballston Spa lies on the west side of I-87, just 9 minutes from Exit 12. In recent years, Ballston has been the fastest-growing municipality in Saratoga County, with 6.3% growth since 2020. (The Business Review) Ballston Spa has experienced a significant increase in housing development, with 530 building permits issued from 2021-2023. The neighboring Town of Malta (just 2 miles from site) has issued an additional 196 residential permits during the same time frame. Sites are proximate to Ballston Spa High, Middle and Elementary Schools, which have a total enrollment of 2,750 students. Within 6 miles of the site lies the headquarters of GlobalFoundries, a 1.7 million square foot semiconductor manufacturing and research center employing 2,500. GlobalFoundries recently secured approvals to construct an additional $11.6 billion manufacturing facility which will employ 1,500.
PROPERTY TAXES
Parcel Number | 414489-063-004-0001-014-000-0000 | Improvements Assessment | $0 |
Land Assessment | $34,700 | Total Assessment | $34,700 |
PROPERTY TAXES
zoning
Zoning Code | Mixed Use (Mixed Use Route 50/67) |
Mixed Use (Mixed Use Route 50/67) |
Presented by
1502 Route 50 - Land Development: Sale / Lease
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