853 4Th Ave Troy, NY 12182
This exceptional 0.28-acre commercial lot, located at 853 4th Ave Unit 853 in the vibrant city of Troy, New York, presents a unique investment opportunity. Priced at $899,000, this property offers significant potential for a variety of commercial ventures. The substantial lot size provides ample space for development, allowing for flexibility in design and construction. Its strategic location within Troy offers excellent visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in a thriving community. The property's address is 853 4th Ave Unit 853, Troy, NY. Given its size and location, this lot is well-suited for a range of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. The absence of existing structures allows for complete customization to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended purpose. This is a rare opportunity to acquire a significant commercial parcel in a desirable location, offering substantial potential for long-term growth and return on investment. The property is ready for immediate development, presenting a compelling opportunity for entrepreneurs and investors alike. Serious inquiries are welcome. The property is listed at $899,000.
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Testo's Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Troy, NYTroy. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.