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Commercial Land Redevelopment Pad
For Lease
$85,000

1933 Central Ave, Albany, NY 12205

COR-zoned pad site along the Central Ave corridor, positioned between O'Reilly Auto and Dollar General.

Space SizeContact for details
Days on Market8

Property Features for 1933 Central Ave

General Information

Standard status Active
Property subtype Land
Lease Term $85,000 SF/yr (NNN)

Building Details

Year Built 1960

Spaces For Lease

at 1933 Central Ave Contact us

1933 Central, Town of Colonie NY

Term
Negotiable
Contact us
Listing Agency: Vanguard-Fine LLC
Listed By: Steven Lerner · License #10301205876
Source: Vanguardfine
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 20 at 5:54AM

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 Vanguard-Fine LLC

Investment Insights

Based on property information with market context.

This 1.3-acre commercial land parcel is configured as a pad site for redevelopment. A former restaurant structure has been removed, leaving the property positioned for a new commercial project. The site is offered for ground lease and carries COR zoning in the Town of Colonie.

The parcel fronts the Central Ave corridor, also identified as Rt 5, and sits approximately 1.2 miles west of Rt 155. O'Reilly Auto and Dollar General are located on either side of the site, providing established commercial context along the corridor.

Key Highlights

  • 1.3‑acre commercial pad site
  • Former restaurant building recently demolished
  • COR zoning in the Town of Colonie

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Real Estate Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

392
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - COR-zoned pad site along the Central Ave corridor, positioned between O'Reilly Auto and Dollar General.
Where is this commercial land located?
The property is located at 1933 Central Ave Albany, NY.
What is the lease rate?
The lease rate is $85,000.
What are key features of this property?
This property features: 1.3‑acre commercial pad site; Former restaurant building recently demolished; COR zoning in the Town of Colonie
More about this property
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