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    165 Freemans Bridge Rd, Unit 3A Scotia, NY 12302

    Sponsored
    For Lease
    $900 /Mo ($1.02 SF/Yr)

    COMMERCIAL - Scotia, NY

    Type:Retail
    Property size:
    10,595 SF
    Lot size:
    1.10 Acres
    Days on Market:
    36
    Last Refresh:
    Jan 27 at 8:06 am

    Property Features for 165 Freemans Bridge Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    422289 30.10-2-17
    Parking
    4
    Parking features
    Off Street
    Size
    10,595 SF
    Lot size
    1.10 Acres

    Utilities

    Sewer type
    Shared Septic
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Block
    Roof type
    Rubber

    We can help!

    Listing Contact
    Joel A Koval
    Joel A Koval

    Howard Hanna Real Estate Services (518) 348-7100

    Listing agent Joel A Koval (518) 466-5635 License #30KO0886220

    Listing date Dec 23, 2025

    MLS# 202531022

    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.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Scotia, NY

    This retail space is located in Scotia, NY, offering a convenient location just off Rt. 50 and adjacent to Mohawk Honda, with a short distance to both Lowes and Wal-Mart. The space features parking directly in front. Previously used as a hair stylist location, the plumbing is easily accessible, making it suitable for a similar type of business. The layout includes a large open room upon entry, along with two additional smaller rooms and a utility room. Restrooms are located off the common area hallway. Additional retail space is available for lease adjacent to this suite for those needing more room. There is also a warehouse for lease to the rear of the property. Permitted uses are listed in the zoning documents. The lot size is 1.1 acres and the property size is 10595 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barrier Free Systems, ... Hydraulic Equipment Supplier Paradise Pet Salon Pet Groomer Julie Baldes: Allstate ... Insurance Agency G2 Sports and Hobby Hobby Store Marshall's Motorsports General Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scotia
    County
    Schenectady
    State
    New York
    Longitude
    -73.942321
    Latitude
    42.84555

    Nearby Similar for Lease

    • $1,400 /Mo
      10,595 SF

      Commercial Space with Ample Parking

      Commercial space with warehouse, office, and convenient location.
      165 Freemans Bridge Rd, Scotia, NY 12302
      View Details
    • $3,000 /Mo
      1,394 SF

      Industrial Building with Ample Parking

      Industrial building in Scotia, NY, with parking and modern amenities.
      16 Market St, Scotia, NY 12302
      View Details
    • $900 /Mo
      10,595 SF

      Retail Space with Convenient Parking

      Bite-sized retail space with parking in front, ready to occupy.
      165 Freemans Bridge Rd, Scotia, NY 12302
      View Details

    FAQs

    What type of property is this?
    Retail space - Small retail space with parking in convenient Scotia location.
    Where is this retail space located?
    The property is located at 165 Freemans Bridge Rd, Unit 3A Scotia, NY.
    What is the lease rate?
    The lease rate is $1.02 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location adjacent to Mohawk Honda, off Rt. 50, near Lowes and Wal-Mart.; - Parking right in front of the retail space.; - Plumbing easily accessible, suitable for hair stylist or similar use.
    (518) 466-5635
    Request Owner's contact information
    165 Freemans Bridge Rd, Unit 3A Scotia, NY 12302
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    Scotia, NY 12302
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    165 Freemans Bridge Rd, Unit 3A Scotia, NY 12302
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    We can help!
    Listing Contact
    Joel A Koval
    Joel A Koval
    Real Estate License ID: 30KO0886220
    (518) 466-5635
    Learn more
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