Warehouse and Office
For Sale
Contact for pricing
165 Freemans Bridge Road #3B, Glenville, NY 12302
The suite combines warehouse space with a separate office area and access to restrooms in a shared hallway.
Property Size10,595 SF
Price / SF$0.15
Days on Market49
Property Features for 165 Freemans Bridge Road #3B
General Information
Standard status
Active
Size
10,595 SF
Property subtype
Mixed Use
Warehouse & Industrial
Warehouse Space
900 SF
Office Build-Out
500 SF
Building Details
Year Built
1952
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Joel A Koval · License #30KO0886220
(518) 466-5635
Source:
Simplywoodardrealestate
Added: Sep 15
Changed: Nov 2
Last Checked: Nov 1 at 3:40PM
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 Howard Hanna Capital Inc
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Investment Insights
Based on property information with market context.
This mixed-use suite includes approximately 900 square feet of warehouse area and approximately 500 square feet of office space. Restrooms are accessed from a common-area hallway, rather than within the suite.
The property is adjacent to Mohawk Honda and just off Route 50 in Glenville.
The property is adjacent to Mohawk Honda and just off Route 50 in Glenville.
Key Highlights
- Approximately 900 square feet of warehouse area and 500 square feet of office space
- Restrooms are located off a common‑area hallway
- Adjacent to Mohawk Honda, just off Route 50
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,569
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,380
$1.6M
Cap Rate 7%
$1,136,700
$1.1M
Cap Rate 9%
$884,100
$884.1K
Market Conditions
NOI Build-Up for 10,595 SF
Gross rent
$100.4K $9.48/SF
− Vacancy
−$6.8K −$0.64/SF
EGI
$93.6K $8.84/SF
− OpEx
−$14.0K −$1.33/SF
NOI
$79.6K $7.51/SF
Area
Schenectady County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,591,380
Cap Rate 7%
$1,136,700
Cap Rate 9%
$884,100
Alternative Uses
Best Use
Mixed Use
$2.09M
$1.83M – $2.44M
NOI $146,211 @ 7.0% cap · market cap 9,138.19%
Second Best
Warehouse
$1.14M
$994.6K – $1.33M
NOI $79,569 @ 7.0% cap · market cap 4,973.06%
Theoretical Best
Office A
$3.17M
$2.77M – $3.70M
NOI $221,986 @ 7.0% cap · market cap 13,874.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
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Business Placement
Demographics for 12302, NY
27,618
Population
12,406
Households
2.2
Avg Household Size
45
Median Age
42%
College-Educated
95%
High-School Grad
43.3 sq mi
ZIP Area
638
Density / Sq Mi
$94,156
Median Household Income
$55,305
Median Earnings
$1,207
Median Rent
$240,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The suite combines warehouse space with a separate office area and access to restrooms in a shared hallway.
Where is this mixed-use property located?
The property is located at 165 Freemans Bridge Road #3B Glenville, NY.
What are key features of this property?
This property features: Approximately 900 square feet of warehouse area and 500 square feet of office space; Restrooms are located off a common‑area hallway; Adjacent to Mohawk Honda, just off Route 50
