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    637 Columbia St Ext Latham, NY 12110

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    For Sale
    $3,500,000

    Car dealership property on Route 9R, suitable for automotive sales.

    Property size:
    300,000 SF

    Property Features for 637 Columbia St Ext

    General Information

    Size
    300,000 SF
    Source: Pyramidbrokerage

    Listing Agent: Pyramid Brokerage Albany

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

    Overview

    Route 9R Zoned COR Property

    This property, currently operating as a car dealership, is zoned COR and suitable for automotive sales or related services. It is located on Route 9R. The current tenant is relocating, and the existing lease expires on April 4th, 2024. The seller will not close on the property until January 1st, 2026, but the buyer can lease the property until the closing date. The property size is 300000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Latham Motors Inc Ford Dealer Ford of Latham Service Car Service

    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
    -73.75527
    Latitude
    42.762621

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    FAQs

    What type of property is this?
    Specialty property - Car dealership property on Route 9R, suitable for automotive sales.
    Where is this specialty property located?
    The property is located at 637 Columbia St Ext Latham, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Zoned COR, allowing for a wide range of commercial uses.; - **Ideally located on Route 9R, offering high visibility and accessibility.**; - Currently configured for automotive sales/services, suitable for related businesses.
    (518) 452-2700
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    637 Columbia St Ext 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
    637 Columbia St Ext Latham, NY 12110
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