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    12 Avis Dr Latham, NY 12110

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    For Sale
    $1,490,000

    23,127 SF office building on 2.6 acres for sale.

    Property size:
    23,127 SF

    Property Features for 12 Avis Dr

    General Information

    Size
    23,127 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

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

    Overview

    Colonie Office Building For Sale

    This 23,127 square foot office building is situated on 2.6 acres within the Airport Business Area (ABA) Zone in the town of Colonie. The property is being offered for sale. Given the short-term nature of most office occupants, this property is a strong candidate for an owner-occupier looking to build equity. The location provides convenient access across Route 7 to the Albany International Airport and the Northway (I-87).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creative Harmonies Music ... Music School Freight Distribution Inc Trucking Company Grogan & Stufflebeam LLP Accountant Allen Roofing, LLC Roofing Contractor Richards Resolution Marketing Agency

    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
    Latham
    County
    Albany
    State
    New York
    Longitude
    -73.777507
    Latitude
    42.751957

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    FAQs

    What type of property is this?
    Office building - 23,127 SF office building on 2.6 acres for sale.
    Where is this office building located?
    The property is located at 12 Avis Dr Latham, NY.
    What is the asking price?
    The asking price for this property is $1,490,000.
    What are key features of this property?
    This property features: - 23,127 SF building on 2.6 acres offers ample space.; - Located in Colonie Airport Business Area (ABA) Zone.; - Strong candidate for owner-occupier looking to build equity.
    (518) 452-2700
    Request Owner's contact information
    12 Avis Dr 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
    12 Avis Dr Latham, NY 12110
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