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5 Care Ln
Saratoga Springs, NY 12866
Office Property For Sale
Investment Highlights
- Zoning permits many uses.
- Well-maintained facilities
Executive Summary
Welcome to this expansive 11,925 square foot medical building, strategically located in a prime area with zoning that permits a versatile range of uses. Whether you're seeking to establish a healthcare facility, professional offices, or educational services, this property offers a flexible canvas to accommodate your vision. 5 Care lane's modern amenities and well-maintained facilities contribute to a professional and welcoming atmosphere, setting the stage for success in any endeavor. Whether you're a healthcare practitioner looking to expand your practice or an entrepreneur seeking a dynamic commercial space, this property presents an exceptional opportunity to realize your goals. Stable tenant has recently renewed lease.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
11,925 SF
Building Class
C
Year Built
1999
Price
$2,749,000
Price Per SF
$230.52
Cap Rate
7.61%
NOI
$209,064
Percent Leased
26%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,925 SF
Building FAR
0.14
Lot Size
2.02 AC
Zoning
T-5 - Urban Transect 5
Parking
60 Spaces (5.03 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Natural Light
- Open-Plan
- Reception
- Drop Ceiling
- Wi-Fi
- Monument Signage
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 411589-165-010-0002-001-002-0000 | Improvements Assessment | $702,100 |
| Land Assessment | $447,900 | Total Assessment | $1,150,000 |
Property Taxes
Parcel Number
411589-165-010-0002-001-002-0000
Land Assessment
$447,900
Improvements Assessment
$702,100
Total Assessment
$1,150,000
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