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Listed by Genevieve Suguitan • Signature One Realty Group LLC
$999,000
Est. payment /mo
10.23 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 202618985
Year Built 1987
Annual Tax Amount $11,034
Lot Size 10.230 Acres
Acres 10.23
Lot Dimensions 250 FF
Property Sub-Type Industrial
Source Global MLS
Property Description
Exceptional investment and development opportunity in the heart of Malta's rapidly expanding industrial and technology corridor. This 10.23-acre industrial property features an 11,250 SF warehouse and offers immediate cash flow with established tenants already in place, plus approximately 2,500 SF becoming available for owner occupancy or lease-up, creating additional income potential. Well and septic infrastructure available. The 251' of road frontage provides excellent accessibility and visibility. Zoned PDD (Planned Development District), the site offers flexibility for a variety of permitted commercial, industrial, office, research, manufacturing, warehouse, distribution, mixed-use, and planned development uses, subject to municipal approvals and zoning requirements.
Positioned in one of Saratoga County's most sought-after growth markets, this property presents a rare opportunity to acquire a stabilized income-producing asset with significant future development potential. Investors can benefit from existing rental revenue while exploring expansion, redevelopment, or value-add strategies on the substantial acreage.
The property may also be purchased together with an adjoining 8.89-acre parcel (MLS #202618986), creating a combined development opportunity of over 19 acres in a premier Malta location.
Positioned in one of Saratoga County's most sought-after growth markets, this property presents a rare opportunity to acquire a stabilized income-producing asset with significant future development potential. Investors can benefit from existing rental revenue while exploring expansion, redevelopment, or value-add strategies on the substantial acreage.
The property may also be purchased together with an adjoining 8.89-acre parcel (MLS #202618986), creating a combined development opportunity of over 19 acres in a premier Malta location.
Location
State NY
County Saratoga
Zoning Industrial
Direction I-87 Exit 12 to Route 9 heading north.
Interior
Heating Other
Building
Sewer Septic Tank
Water Well
Architectural Style Commercial
New Construction No
Others
Tax ID 414089 217.-2-50
Special Listing Condition Standard
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