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- LoopNet Team
1502 Route 50
Ballston Center, NY 12020
Land Development: Sale / Lease · Land For Sale
·
1.88 AC
Investment Highlights
- Heavy Vehicle Traffic
- Surrounded by Daily Needs Generators
Property Facts
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 1.88 AC |
| Zoning | Mixed Use - Mixed Use Route 50/67 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.88 AC |
| Zoning | Mixed Use - Mixed Use Route 50/67 |
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 | $44,000 | Total Assessment | $44,000 |
Property Taxes
