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Development Land on Central Avenue
For Sale
$2,150,000

1623-1627 Central Avenue, Colonie, NY 12205

Nearly two-acre development site on Central Avenue with buildings removed and heavy traffic for flexible future use.

Property SizeContact for details
Lot Size1.96 Acres
Days on Market70

Property Features for 1623-1627 Central Avenue

General Information

Standard status Active
Lot size 1.96 Acres
Property subtype Commercial

Amenities

Cleared
Level
Natural Gas Heating
Off Street
Private
Road Frontage
Listing Agency: SCOTT FILM REALTY, LLC
Listed By: SCOTT M FILM · License #49FI0903791
Source: Corcoran
Added: Jun 5 Changed: Aug 11 Last Checked: Aug 12 at 6:54AM

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 SCOTT FILM REALTY, LLC

Investment Insights

Based on property information with market context.

The property is a 1.96-acre commercial development site on Central Avenue. The existing buildings have been removed, leaving land available for a future build-to-suit or development concept. The value is positioned in the land for prospective development, supported by the property’s ready condition.

The site sits on Central Avenue next to the Colonie Fire Dept., placing it in a high-activity area described as having heavy traffic. This combination of adjacency and prominent roadway presence may support a range of business-oriented development strategies.

Because the buildings are already removed, the parcel may be suitable for buyers or developers seeking a flexible, multi-use opportunity. Public remarks note potential compatibility with medical, office, and retail uses, as well as other business needs that require a couple of acres in the heart of Colonie. Interested parties should confirm all development requirements and permitted uses with the appropriate local authorities prior to planning.

Key Highlights

  • 1.96‑acre development site on Central Ave in Colonie
  • Buildings have been removed, providing a cleared parcel for future development
  • Property is next to the Colonie Fire Dept

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Nearly two-acre development site on Central Avenue with buildings removed and heavy traffic for flexible future use.
Where is this commercial land located?
The property is located at 1623-1627 Central Avenue Colonie, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 1.96‑acre development site on Central Ave in Colonie; Buildings have been removed, providing a cleared parcel for future development; Property is next to the Colonie Fire Dept
More about this property
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