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    109 Everett Rd Albany, NY 12205

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    For Sale
    $550,000

    Pizzeria with tenant in place, investment opportunity on Everett Road.

    Property size:
    1,800 SF
    Lot size:
    0.49 Acres

    Property Features for 109 Everett Rd

    General Information

    Size
    1,800 SF
    Lot size
    0.49 Acres

    Source: BHHS - Blake REALTORS | Albany Agent Paul R Bowers

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

    Overview

    Pizzeria on Desirable Everett Road

    This property presents an investment opportunity on Everett Road. Currently operating as a pizzeria, the building offers possibilities for continued use as such or conversion to office or retail space. Updates include two 1200-gallon grease traps and a new electrical panel. The property includes 30 parking spaces. The building has a size of 1800 square feet. The tenant will remain and owns the furniture, fixtures, and equipment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Big Nic's Pizzeria Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.773563
    Latitude
    42.6934547

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    FAQs

    What type of property is this?
    Specialty property - Pizzeria with tenant in place, investment opportunity on Everett Road.
    Where is this specialty property located?
    The property is located at 109 Everett Rd Albany, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Pizzeria on desirable Everett Road location.; - Existing tenant in place.; - 30 parking spaces.
    (518) 857-0568
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    109 Everett Rd Albany, NY 12205
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    Albany, NY 12205
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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
    109 Everett Rd Albany, NY 12205
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