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Open-Plan Retail Space
For Lease
$17 SF/Yr

5 Herbert Drive, Latham, NY 12110

Commercial Lease, Latham, NY

Space SizeContact for details
Lot Size0.45 Acres
Days on Market204

Property Features for 5 Herbert Drive

General Information

Property type Commercial Lease
Property subtype Other
Parking 10
Parking features Off Street
Interior features High Speed Internet
Elementary school Forts Ferry ES
High school Shaker HS
Elementary school district North Colonie (including Maplewood)
Middle school district North Colonie (including Maplewood)
High school district North Colonie (including Maplewood)
Directions Latham Circle Heading West. First Left right before Nemer Volkswagon
Standard status Active
APN 012689 19.18-2-2.1
Lot size 0.45 Acres

Taxes and HOA fees

Tax Annual Amount 7696

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating), Heat Pump (Heating), Electric (Heating)
Water source Public

Building Details

Year built 1948
Floors in Building 1
Flooring type Carpet, Linoleum
Building materials Brick
Architectural style Other
Listing Agency: Re Max Solutions · RE/MAX International
Listed By: David M Schrepper · License #10301208684
Added: Feb 6 Changed: Aug 28 Last Checked: Aug 29 at 2:06PM
MLS# 202611650

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 retail space offers a large open interior suitable for tenant buildout and customized use. The 1948 brick building includes carpet and linoleum flooring, ductless and heat-pump heating, electric heat, and high-speed internet service. Off-street parking supports day-to-day access.

The property occupies a 0.45-acre site at 5 Herbert Drive in Latham, NY 12110, near the Latham Circle and close to I-87. Public water and public sewer serve the property. The space is available for lease beginning 7-1-25.

Key Highlights

  • Large open floor plan in a 1948 brick building
  • 0.45‑acre site at 5 Herbert Drive, Latham, NY 12110
  • Near the Latham Circle and close to I‑87

Property Analytics

Current Use

Ed Conroy - MetLife ... Insurance Agency Sage Point Financial Financial Advisor

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Storage Facility HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

684
Businesses Nearby
501k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 27% Dining 25% Shops & Services 22% Apparel 11%
Walmart Superstores
132,725 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
43,684 visits/mo 0.3 miles
Burlington Apparel
34,407 visits/mo 0.1 miles
Panera Bread Dining
23,713 visits/mo 0.3 miles
Ollie's Bargain Outlet Shops & Services
23,447 visits/mo 0.4 miles

Demographics for 12110, NY

19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial interior with off-street parking, public utilities, and access to high-speed internet.
Where is this retail space located?
The property is located at 5 Herbert Drive Latham, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Large open floor plan in a 1948 brick building; 0.45‑acre site at 5 Herbert Drive, Latham, NY 12110; Near the Latham Circle and close to I‑87
More about this property
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