Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Troy Mixed-Use Compound on 14 Acres Title is generated by Realmo AI

    104 Lord Avenue, Troy, NY 12180

    View on Map
    Claim this Listing
    For Sale
    $850,000

    COMMERCIAL - Troy, NY

    Property size:
    4,996 SF
    Lot size:
    14.81 Acres
    Price / SF:
    $170/SF
    Added:
    Apr 21, 2026
    Days on Market:
    55
    Last Refresh:
    Jun 14 at 11:06 pm

    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

    We can help!

    Listing Contact
    Scott P Varley
    Scott P Varley

    Listing agent Scott P Varley License #30VA0727304

    Listing office KW Platform 382 Broadway, Latham, NY

    Listing date Apr 21, 2026

    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.

    Overview

    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 (±1% cap)
    NOI $56,993 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $762.3K
    $667.1K – $889.4K (±1% cap)
    NOI $53,364 @ 7.0% cap · market cap 6.28%
    Theoretical Best
    Office A
    $1.56M
    $1.36M – $1.82M (±1% cap)
    NOI $109,128 @ 7.0% cap · market cap 12.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sycaway Bicycle Sales ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.645275
    Latitude
    42.748554

    Nearby Similar for Sale

    • $500,000
      15,000 SF

      Mixed-Use Building with Established Businesses

      Three-story mixed-use building with two established businesses included.
      867-869 River Street, Troy, NY 12180
      View Details
    • $1,500,000
      1,636 SF

      Troy Car Wash For Sale

      Updated car wash with growth potential in revitalizing Troy, NY.
      690-696 River Street, Troy, NY 12180
      View Details
    • $695,000
      7,161 SF

      Turnkey Restaurant with Takeout

      Long-established dine-in and take-out restaurant offered turnkey with name, FFE, a working basement, and potential second-floor space.
      853 4th Avenue, Troy, NY 12182
      View Details
    • $599,000
      6,381 SF

      Turnkey Restaurant with Owner Apartment

      Turnkey restaurant property with commercial kitchen, dining space, parking, and a 3-bedroom apartment above in mixed-use zoning.
      572 2nd Avenue, Troy, NY 12182
      View Details
    • $2,400,000
      7,885 SF

      Meticulously Maintained Apartment Building

      Rare opportunity: 12-unit apartment building with steady income.
      462-470 2nd Avenue, Troy, NY 12182
      View Details
    • $395,000
      2,690 SF

      Spacious Two-Family Brick Home

      Classic two-family home with hardwood floors and high ceilings.
      303 Spring Avenue, Troy, NY 12180
      View Details
    • $339,900
      2,276 SF

      Move-In Ready Two-Family Home

      Two updated two-bedroom units with separate utilities, shared laundry, and off-street parking in Troy.
      190 Spring Avenue, Troy, NY 12180
      View Details
    • $1,500,000

      Troy Car Wash For Sale

      Revitalized car wash with high-end equipment and income potential.
      690-696 River Street, Troy, NY 12180
      View Details
    • $579,000
      4,128 SF

      Troy Multifamily Investment Opportunity

      Fully occupied four-unit property with updates and historic charm.
      318 1st Street, Troy, NY 12180
      View Details
    • $219,000
      2,636 SF

      Duplex with Fenced Backyard

      Two-unit duplex offering 3-bedroom layouts, laundry hook-ups, and a small fenced yard for flexible owner-occupant or rental use.
      598 Pawling Avenue, Troy, NY 12180
      View Details
    • $400,000
      3,504 SF

      Spacious Multifamily Home with Income Potential

      Large Troy home with rental income and parking.
      78 Pinewoods Avenue, Troy, NY 12180
      View Details
    • $498,500
      2,836 SF

      Troy Multifamily Investment Opportunity

      Three-unit multifamily property near campus with income potential.
      65 13th Street, Troy, NY 12180
      View Details

    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.
    (518) 281-6808
    We can help!
    Listing Contact
    Scott P Varley
    Scott P Varley
    Real Estate License ID: 30VA0727304
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    104 Lord Avenue, Troy, NY 12180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!