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    613 New Loudon Rd Latham, NY 12110

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    For Sale
    $4,500,000

    4.3-acre site with 24,488 SF building leased to Carvana.

    Property size:
    24,488 SF

    Property Features for 613 New Loudon Rd

    General Information

    Size
    24,488 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carvana Leased Investment Opportunity

    This property features an approximately 4.3-acre site improved with a 24,488 square foot building. The property is currently leased to Carvana, with an initial lease term expiring on December 31, 2026. The tenant has two options to extend the lease, each for a three-year period. The property is located on the busy Route 9 corridor and includes 603 New Loudon Road. Financial information is available to potential buyers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Latham
    County
    Albany
    State
    New York
    Longitude
    -73.761733
    Latitude
    42.743472

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    FAQs

    What type of property is this?
    Automotive property - 4.3-acre site with 24,488 SF building leased to Carvana.
    Where is this automotive property located?
    The property is located at 613 New Loudon Rd Latham, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Existing lease to Carvana provides immediate income stream.; - Prime location on high-traffic Route 9 corridor.; - Large 4.3-acre site with a 24,488 square foot building.
    (518) 452-2700
    Request Owner's contact information
    613 New Loudon Rd Latham, NY 12110
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    Latham, NY 12110
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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
    613 New Loudon Rd Latham, NY 12110
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