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    21 Irving Pl Menands, NY 12204

    Sponsored
    For Sale
    $199,000

    4.4 Acres, Ideal Development Site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4.4-acre parcel located at 21 Irving Place, Unit 21, in Menands, New York, presents a unique investment opportunity. Priced at $199,000, this property is classified as "Other" and offers significant potential for various development projects. The expansive land area provides ample space for a wide range of uses, subject to local zoning regulations. Given its size and location within Menands, this property is well-suited for developers seeking a substantial land holding in a desirable area. The absence of existing structures allows for complete design flexibility, enabling the creation of a project tailored to specific needs and market demands. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, permitted uses, and potential development costs. This is a rare opportunity to acquire a significant land parcel in a strategic location, offering substantial upside potential for the right investor or developer. The property's address is clearly identified as 21 Irving Place, Unit 21, Menands, NY. Serious inquiries are welcome. Further information regarding the property's specifics can be obtained through the appropriate channels. This is an "as-is" sale.

    Property Features for 21 Irving Pl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    191,664 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Menands
    County
    Albany
    State
    New York
    Longitude
    -73.72255
    Latitude
    42.69193

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    FAQs

    What type of property is this?
    Commercial real estate - 4.4 Acres, Ideal Development Site
    Where is this commercial real estate located?
    The property is located at 21 Irving Pl Menands, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    (518) 439-4943
    Request Owner's contact information
    21 Irving Pl Menands, NY 12204
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    Menands, NY 12204
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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
    21 Irving Pl Menands, NY 12204
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