Troy Mixed-Use Compound on 14
104 Lord Avenue Troy, NY 12180
104 Lord Avenue, Troy, NY, 12180
$850,000
For Sale
$850,000
COMMERCIAL - Troy, NY
Property Size4,996 SF
Lot Size14.81 Acres
Price / SF$170.14
Days on Market88
Property Features for 104 Lord Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 5
- Parking
- 10
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Basement
- Full
- Standard status
- Active
- APN
- 382200 91.-2-42
- Size
- 4,996 SF
- Lot size
- 14.81 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3530
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil, Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Spring
Building Details
- Year built
- 1925
- Flooring type
- Concrete, Wood
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency
KW Platform
(518) 281-6808
382 Broadway, Latham, NY
Listed by
Scott P Varley · License #30VA0727304
(518) 281-6808
Added: Apr 21 Checked: Jul 17 at 8:06 pm
MLS# 202615470
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This rare listing in Troy features a five-building compound situated on a 14.81-acre lot, conveniently located off Route 7 and just minutes from downtown Troy's riverfront. The mixed-use zoning provides flexibility for various potential uses. The property includes a main house featuring an 816-square-foot, 2-bedroom, 1-bath home with a 500-gallon septic tank and a 14x20 1-car attached garage. Additionally, there is a 3-bay metal storage garage, a 2,400-square-foot shop with a half bath downstairs, a large room upstairs, and two bathrooms, along with a 2,000-gallon septic system and a shed. A second 1,500-square-foot, 2-bedroom, 1-bath home with a tenant is also included. The acreage consists of grass fields and woods. The total property size is 4,996 square feet.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.9k | $14.40 |
| − Vacancy | −$4.9k | −$0.98 |
| EGI | $67.1k | $13.42 |
| − OpEx | −$10.1k | −$2.01 |
| NOI | $57.0k | $11.41 |
4,996 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$814.2K
$712.4K – $949.9K
NOI $56,993 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$762.3K
$667.1K – $889.4K
NOI $53,364 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,128 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sycaway Bicycle Sales ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Five-building compound on 14 acres near downtown Troy.
Where is this mixed-use property located?
The property is located at 104 Lord Avenue Troy, NY.
What is the asking price?
The asking price for this property is $850,000.
