Building Details

Building Size 32,550 SF

Listing Agency: BACHMANN HOMES REALTY, LLC a***@pyramidbrokerage.com Show Phone

Listed By: Pyramid Brokerage Albany · License #3329645 Show Phone

Source: Pyramidbrokerage

Added: Sep 25, 2025 Changed: Aug 18 Last Checked: Aug 21 at 4:18AM

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Investment Insights

Based on property information with market context.

This office/warehouse park is situated in the heart of the Capital Region, offering a location suitable for distributors, service-type businesses, and healthcare industries. The property is located off Central Avenue in the Village of Colonie, approximately 1 mile from Exit 2 of I-87. The property size is 32550 square feet.

Key Highlights

• Prime location in the heart of the Capital Region.
• Suitable for a variety of businesses including distributors, service businesses, and healthcare industries.
• Located off Central Ave. in the Village of Colonie.

Property Analytics

Property Profile

Current Use

MRI Albany Electronics & Wireless Store PromptCare - Albany Medical Clinic Control Network Communications Telecommunications Service Empire Fire Protection ... General Contractor

Suggested Use

Top Pick Real Estate Agency Restaurant Furniture & Home Goods Parking Lot & Garage Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

693

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for Albany, NY

$8.44 /SF/Yr

Avg Asking Price

$3.67–$15.83 /SF/Yr

Price Range

32,944 SF

Avg Space Size

This space is priced 42% above the average of $8.44 /SF/Yr.

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Similar Off Market Nearby

• Prime Storage — 1750 central ave, albany, ny 12205
• Self Storage — 26 Jupiter Ln, Colonie, NY 12205
• Prime Storage — 1653 Central Ave, Albany, NY 12205
• Lincoln Storage — 146 Lincoln Ave, Colonie, NY 12205

Frequently Asked Questions

What type of property is this?

Warehouse - Office/warehouse park in the heart of the Capital Region.

Where is this warehouse located?

The property is located at 16 Jupiter Lane Albany, NY.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Prime location in the heart of the Capital Region.; Suitable for a variety of businesses including distributors, service businesses, and healthcare industries.; Located off Central Ave. in the Village of Colonie.