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    10 Petra Ln Unit Colonie, NY 12205

    Sponsored
    For Sale
    Contact for pricing

    Acre lot, prime location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional one-acre industrial lot presents a unique investment opportunity in the thriving Colonie, NY market. Located at 10 Petra Lane, Unit Suite B, this property offers significant potential for development or expansion. The expansive one-acre parcel provides ample space for a variety of industrial uses, allowing for substantial building footprint or outdoor storage. Its strategic location within Colonie ensures easy access to major transportation arteries, facilitating efficient logistics and distribution. The address, 10 Petra Lane, Unit Suite B, provides excellent visibility and convenient access for employees and clients. While the exact square footage of any existing structures is currently unavailable, the sheer size of the land parcel makes it an attractive proposition for businesses seeking to establish a strong presence in this dynamic area. The property is offered at a price to be determined, making it an ideal opportunity for investors and developers to tailor their project to their specific needs and budget. Serious inquiries are encouraged to explore the possibilities this prime Colonie industrial land offers. This is a rare chance to acquire a significant piece of land in a highly sought-after location. Contact us today to learn more and schedule a site visit.

    Property Features for 10 Petra Ln Unit

    General Information

    Property type
    Industrial properties
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1992
    Property Profile Location Intelligence

    Current Use by Public Records

    Adirondack Cabling and Security Computer Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.84422
    Latitude
    42.71133

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    FAQs

    What type of property is this?
    Industrial property - Acre lot, prime location
    Where is this industrial property located?
    The property is located at 10 Petra Ln Unit Colonie, NY.
    (518) 427-9000
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    10 Petra Ln Unit Colonie, NY 12205
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    Realmo Value Estimation

    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.

    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.

    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
    10 Petra Ln Unit Colonie, NY 12205
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