15 Pasco Avenue Queensbury, NY 12804
Warehouses
Property Features for 15 Pasco Avenue
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 10.21 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2003
Listing office EXP REALTY (888) 276-0630
Listing date Oct 29, 2025
Source Corcoran
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 EXP REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- Large 10.21‑acre property suitable for various business ventures.
- Newly built 3,300 sq ft building ideal for business, storage, or warehouse use.
- Paved parking with space for 500+ vehicles.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $15.00 |
| − Vacancy | −$4.0k | −$1.20 |
| EGI | $45.5k | $13.80 |
| − OpEx | −$13.7k | −$4.14 |
| NOI | $31.9k | $9.66 |
