Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2555 Western Ave Guilderland, NY 12009

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,400 /Mo ($9 SF/Yr)

    Available +/- 1500 SF retail or office space for lease.

    Property size:
    2,960 SF
    Lot size:
    0.61 Acres

    Property Features for 2555 Western Ave

    General Information

    Standard status
    Active
    Size
    2,960 SF
    Lot size
    0.61 Acres

    Building Details

    Year built
    1955

    We can help!

    Listing Contact
    Bryan Warren
    Bryan Warren
    Source: Corcoran

    Listing Agency: WARREN REAL ESTATE OF ITHACA INC Listing Agent: Bryan Warren

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Guilderland Retail or Office Space

    This commercial property offers approximately 1500 square feet of space available for lease, suitable for either retail or office use. The layout includes a break area, a storage closet, and an updated bathroom, complemented by an open floor plan. The property is situated in Guilderland, offering convenient access to major highways and the Albany and Schenectady areas. The total property size is 2960 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guilderland
    County
    Albany
    State
    New York
    Longitude
    -73.9287833
    Latitude
    42.7130383

    Nearby Similar for Lease

    • Contact for pricing
      1,665 SF

      Retail Space in Anchored Center

      Retail space available in high-traffic shopping center.
      1706 Western Ave, Guilderland, NY 12084
      View Details
    • $1,500 /Mo
      2,076 SF

      Western Avenue Office/Retail Space

      Office/retail space in high-traffic Albany location, convenient to amenities.
      1674 Western Ave, Guilderland, NY 12203
      View Details
    • $1,930 /Mo
      22,210 SF

      Renovated Corner Office Suite Available

      Professionally managed, renovated corner suite with open floor plan.
      2568 Western Ave, Guilderland, NY 12084
      View Details
    • $1.00 SF/Yr
      43,580 SF

      Guilderland Office Space Available

      Office space in well-known plaza with high traffic count.
      2050 Western Ave, Guilderland, NY 12084
      View Details
    • $825 /Mo
      22,210 SF

      Professionally Managed Office Space Available

      Spacious office with open floor plan, utilities included, ample parking.
      2568 Western Ave, Guilderland, NY 12084
      View Details
    • $300 /Mo
      22,210 SF

      Professionally Managed Office Space Available

      Full service lease, open floor plan, convenient location.
      2568 Western Ave, Guilderland, NY 12084
      View Details
    • $1.00 SF/Yr

      Guilderland Office Space For Rent

      Office space for rent conveniently located near Stuyvesant Plaza.
      1450 Western Ave, Guilderland, NY 12084
      View Details
    • $16 SF/Yr

      Prime Office Space Available

      Office space with high visibility and easy access.
      1971-73 Western Ave, Guilderland, NY 12203
      View Details
    • Contact for pricing
      1,262 SF

      Office Suite with Treatment Rooms

      Office suite featuring treatment rooms with plumbing and upscale finishes.
      100 Great Oaks Blvd, Guilderland, NY
      View Details
    • $4,500 /Mo
      2,094 SF

      Modern Retail/Office Building For Lease

      Two-story retail/office building with high visibility in high-traffic area.
      1871 Western Ave, Guilderland, NY 12203
      View Details
    • Contact for pricing
      4,988 SF

      Retail Building Near Crossgates Mall

      Single-story retail building with high traffic and easy highway access.
      1650 Western Ave, Guilderland, NY 12203
      View Details
    • $3,200 /Mo
      3,072 SF

      Retail/Office Space Near Mall

      Retail or office space with high visibility and traffic.
      2093 Western Ave, Guilderland, NY 12084
      View Details

    FAQs

    What type of property is this?
    Retail space - Available +/- 1500 SF retail or office space for lease.
    Where is this retail space located?
    The property is located at 2555 Western Ave Guilderland, NY.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - +/- 1500 SF of flexible space suitable for retail or office use.; - Excellent location in Guilderland with easy access to major highways.; - Convenient access to Albany and Schenectady areas.
    (607) 257-0666
    Request Owner's contact information
    2555 Western Ave Guilderland, NY 12009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2555 Western Ave
    Guilderland, NY 12009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2555 Western Ave Guilderland, NY 12009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bryan Warren
    Bryan Warren
    (607) 257-0666
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!