Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14 Corporate Dr Halfmoon, NY 12065

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr ($15,060 /Mo)

    Multiple office suites available for lease in Halfmoon, NY.

    Property size:
    15,060 SF
    Lot size:
    15,060 SF

    Property Features for 14 Corporate Dr

    General Information

    Standard status
    Active
    Size
    15,060 SF

    We can help!

    Listing Contact
    Tom Savino
    Tom Savino
    Source: Cbre

    Listing Agency: CBRE | Albany Listing Agent: Tom Savino

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

    Learn more

    Overview

    Halfmoon Office Suites For Lease

    Multiple office suites are available for lease within a larger building encompassing approximately 16,356 square feet in Halfmoon. The available suites include options on the first floor, offering approximately 2,897 rentable square feet, as well as options in the lower level with sizes of approximately 3,405, 1,085, 1,667, and 1,256 rentable square feet. The location provides good, affordable office space, ideal for start-up businesses. The building is situated within the established Capital Region Business Park, approximately 0.4 miles from Halfmoon Parkway (Route 9), a primary commercial thoroughfare in the region. The property provides approximately 50 parking spaces for the entire building. It is proximate to many amenities, eateries, and retailers including Walmart Supercenter, Dunkin’s, Wendy’s, ALDI, Home Depot, Trader Joe’s, Target, Kohls, Halfmoon Diner, and Trick Shot Billard Hall & Wicked Eatery.
    Location Intelligence

    Current Use by Public Records

    Abele Commercial Real Estate Agency Allen Financial Consultants Financial Advisor Bentley Systems Inc Architect FedEx Drop Box Postal Service ReQuest Serious Play, ... Factory

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Halfmoon
    County
    Saratoga
    State
    New York
    Longitude
    -73.7586889
    Latitude
    42.8460916

    Nearby Similar for Lease

    • $3,375 /Mo
      21,079 SF

      Halfmoon Office Space For Rent

      First floor office space with ample parking and high visibility.
      1547 Route 9, Halfmoon, NY 12065
      View Details
    • $20 SF/Yr
      1,438 SF

      Halfmoon Office Suite For Lease

      Office suite for lease in Halfmoon, NY with flexible layout.
      12 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $23 SF/Yr
      3,002 SF

      Premier Office Space in Halfmoon

      Class A office space available for rent in Halfmoon, NY.
      1714 Route 9, Halfmoon, NY 12065
      View Details
    • Contact for pricing
      4,000 SF

      High-Visibility Commercial Space on Route 9

      Two-floor commercial property with high visibility and easy highway access.
      1406 Route 9, Halfmoon, NY 12065
      View Details
    • $23 SF/Yr
      58,422 SF

      Class A Office Space Available

      Premier Class A office space for rent in Halfmoon, NY.
      1712 Route 9, Halfmoon, NY 12065
      View Details
    • $14 SF/Yr
      16,356 SF

      Versatile Office and Storage Space

      Office suites with storage, conference rooms, and kitchen/breakrooms available.
      14 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $12 SF/Yr

      Office Space with Suites

      Office space featuring multiple suites, reception, and flexible layout.
      14 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $17 SF/Yr
      10,559 SF

      Halfmoon Office Space Available

      Office space with reception, offices, restroom, kitchenette, and utilities.
      1532 Route 9, Halfmoon, NY 12065
      View Details
    • $17 SF/Yr
      10,559 SF

      Route 9 Office Space Available

      2,104 RSF office space with direct parking lot entry.
      1532 Route 9, Halfmoon, NY 12065
      View Details
    • $13 SF/Yr

      Office Space with Operable Windows

      Office space featuring large windows, kitchen, and ADA access.
      5 Executive Park Dr, Halfmoon, NY 12065
      View Details
    • $12 SF/Yr
      16,356 SF

      Halfmoon Office Space Available

      Office space with suites, reception, and bath available for rent.
      14 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $16 SF/Yr
      21,160 SF

      Former Restaurant Space Available

      Restaurant space for lease with high visibility and easy access.
      1683 Route 9, Halfmoon, NY 12065
      View Details

    FAQs

    What type of property is this?
    Office units - Multiple office suites available for lease in Halfmoon, NY.
    Where is this office units located?
    The property is located at 14 Corporate Dr Halfmoon, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Multiple suite options available, from ±1,085 RSF to ±3,405 RSF.; - Located in the established Capital Region Business Park.; - Convenient access to Halfmoon Parkway (Route 9), just ±0.4 mi away.
    (518) 452-2700
    Request Owner's contact information
    14 Corporate Dr Halfmoon, NY 12065
    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.
    14 Corporate Dr
    Halfmoon, NY 12065
    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
    14 Corporate Dr Halfmoon, NY 12065
    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

    We can help!
    Listing Contact
    Tom Savino
    Tom Savino
    Real Estate License ID: 30SA0815314
    (518) 452-2700 (518) 281-4497
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!