Light Manufacturing and Warehouse
For Sale
Contact for pricing
17 Route 146, Mechanicville, NY 12118
Newer metal building with office and warehouse space, including a 10-ton bridge crane.
Property Size15,500 SF
Price / SF$233.35
Days on Market107
Property Features for 17 Route 146
General Information
Standard status
Active
Size
15,500 SF
Property subtype
Industrial
Zoning
PDD - HCM
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Building Details
Year Built
2019
Tenancy
Single
Listing Agency:
CBRE - Albany
Listed By:
Laurie Tylenda, SIOR · License #NY 10301205946
Source:
Crexi
Added: Jul 7
Changed: Oct 16
Last Checked: Oct 20 at 9:23PM
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 CBRE - Albany
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 17 Route 146 in Mechanicville, NY is a newer light manufacturing and warehousing facility built in a metal structure. The building includes approximately 15,500 SF total, with about 5,000 SF dedicated to office space and about 10,500 SF of warehouse area. The warehouse is described as clean and bright and features a 10-ton bridge crane.
The site is positioned along Route 146, a major regional corridor, and is noted for prime visibility. The property was initially planned with future expansion in mind, with the ability to accommodate various expansion sizes ranging from 3,000 to 16,000 SF, depending on the growth scenario.
As configured today, the facility supports light manufacturing and warehouse operations with on-site office space, while retaining flexibility for additional building area as needs change.
The site is positioned along Route 146, a major regional corridor, and is noted for prime visibility. The property was initially planned with future expansion in mind, with the ability to accommodate various expansion sizes ranging from 3,000 to 16,000 SF, depending on the growth scenario.
As configured today, the facility supports light manufacturing and warehouse operations with on-site office space, while retaining flexibility for additional building area as needs change.
Key Highlights
- Built in 2019: 15,500 SF metal building used for light manufacturing and warehousing
- 15,500 SF split into 5,000 SF office and 10,500 SF warehouse
- Warehouse includes a 10‑ton bridge crane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,874
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,497,480
$4.5M
Cap Rate 7%
$3,212,486
$3.2M
Cap Rate 9%
$2,498,600
$2.5M
Market Conditions
NOI Build-Up for 15,500 SF
Gross rent
$372.0K $24.00/SF
− Vacancy
−$26.0K −$1.68/SF
EGI
$346.0K $22.32/SF
− OpEx
−$121.1K −$7.81/SF
NOI
$224.9K $14.51/SF
Area
Saratoga County, NY
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,497,480
Cap Rate 7%
$3,212,486
Cap Rate 9%
$2,498,600
Alternative Uses
Best Use
Flex RnD
$3.21M
$2.81M – $3.75M
NOI $224,874 @ 7.0% cap · market cap 6.22%
Second Best
Warehouse
$1.66M
$1.46M – $1.94M
NOI $116,406 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$4.64M
$4.06M – $5.41M
NOI $324,756 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12118, NY
16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Newer metal building with office and warehouse space, including a 10-ton bridge crane.
Where is this flex space located?
The property is located at 17 Route 146 Mechanicville, NY.
What is the asking price?
The asking price for this property is $3,617,000.
What are key features of this property?
This property features: Built in 2019: 15,500 SF metal building used for light manufacturing and warehousing; 15,500 SF split into 5,000 SF office and 10,500 SF warehouse; Warehouse includes a 10‑ton bridge crane
