Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space in Thriving Center Title is generated by Realmo AI

    9 Kipp Ln, Hudson, NY

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail opportunity in a shopping center with national co-tenants.

    Type:RETAIL
    Property size:
    14,268 SF
    Lot size:
    14.63 Acres
    Added:
    Oct 11, 2023
    Days on Market:
    969
    Last Refresh:
    May 20 at 8:50 pm

    Property Features for 9 Kipp Ln

    General Information

    Standard status
    Active
    Size
    14,268 SF
    Lot size
    14.63 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 9 Kipp Ln Contact us

    We can help!

    Listing Contact
    Peter VanBortel
    Peter VanBortel

    Listing agent Peter VanBortel

    Listing office IKON Realty Group

    Listing date Oct 11, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of IKON Realty Group

    HighLights

    • Located in an attractive shopping center.
    • Surrounded by national co‑tenants.
    • Excellent opportunity for businesses.
    • Thriving commercial market location.
    • NNNs estimated at $2.15/SF.
    • Ability to subdivide.

    Overview

    This 14,268 square foot retail space is located in an attractive shopping center. The location offers an excellent opportunity for businesses looking to establish themselves in a thriving commercial market. The space can be subdivided based on requisite size and mutually agreeable deal terms. NNN expenses are estimated at $2.15 per square foot.
    Location Intelligence

    Current Use by Public Records

    Affordable Self Storage Storage Facility Kipp Lane storage Storage Facility

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

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

    Similar Places Nearby

    • Greenport Commons — 420 Fairview Ave, Hudson, NY 12534
    • Columbia Center 350 — columbia center, 350 Fairview Ave, Hudson, NY 12534

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Columbia
    State
    New York
    Longitude
    -73.7579
    Latitude
    42.2698

    Nearby Similar for Lease

    • $775/Mo
      4,500 SF

      Historic Townhouse Commercial Rental

      Commercial space in historic Hudson townhouse, prime location on Warren.
      518 Warren 1st Floor, Hudson, NY 12534
      View Details
    • $3,000/Mo
      3,000 SF

      Ground Floor Retail Space Available

      Flexible retail space suitable for various business types.
      227 Warren Street #1, Hudson, NY 12534
      View Details
    • $2,350/Mo
      22,568 SF

      Iconic Mixed-Use Building

      Iconic mixed-use building offering multiple commercial and residential units in a single asset.
      21 Greene Street, Hudson, NY 12534
      View Details
    • $3,950/Mo
      6,000 SF

      Prime Retail Space on Warren

      Highly visible commercial space in Hudson's downtown area.
      433 Warren Street #Commercial, Hudson, NY 12534
      View Details
    • $2,300/Mo
      1,180 SF

      Renovated Studio/Office Space on Warren

      Bright, versatile studio/office space with modern finishes and excellent natural light.
      609 Warren Street #1, Hudson, NY 12534
      View Details
    • $775/Mo
      4,500 SF

      Historic Townhouse Office Space Rental

      Historic townhouse office space for rent in Hudson, NY.
      518 Warren 1st Floor, Hudson, NY 12534
      View Details
    • $1,300/Mo
      1,263 SF

      Renovated Studio/Office Space on Warren

      Bright, versatile studio/office space with modern finishes and ample light.
      609 Warren Street #2, Hudson, NY 12534
      View Details
    • $2,100/Mo
      22,568 SF

      Mixed-Use Building in Hudson, NY

      Mixed-use building with commercial and residential units for rent.
      21 Greene Street, Hudson, NY 12534
      View Details
    • $1,950/Mo
      845 SF

      Renovated Studio/Office Space on Warren

      Bright, versatile studio/office space with modern finishes and natural light.
      609 Warren Street #3, Hudson, NY 12534
      View Details
    • $2,850/Mo
      7,000 SF

      Warren Street Retail/Office Space

      Retail/office space on Hudson's Warren Street with great exposure.
      725 Warren Street #Retail 1, Hudson, NY 12534
      View Details
    • $750/Mo
      616 SF

      Storage Shed Near Hudson

      Storage shed with ample space for vehicle or boat storage.
      414 Joslen Boulevard #Garage, Hudson, NY 12534
      View Details
    • $700/Mo
      3,500 SF

      Artist Studio Available for Rent

      Artist studio for rent immediately.
      84 Green Street #3, Hudson, NY 12534
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail opportunity in a shopping center with national co-tenants.
    Where is this shopping center located?
    The property is located at 9 Kipp Ln Hudson, NY.
    What are key features of this property?
    This property features: Located in an attractive shopping center.; Surrounded by national co‑tenants.; Excellent opportunity for businesses.
    (518) 859-5534 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Peter VanBortel
    Peter VanBortel
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9 Kipp Ln, Hudson, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!