Office-Retail
For Sale
Contact for pricing
2555 Western Avenue, Guilderland, NY 12303
The property includes on-site parking for office or retail occupancy.
Property Size1,500 SF
Price / SF$1.71
Days on Market56
Property Features for 2555 Western Avenue
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Retail
Additional Details
Property Use
Office/Retail
Building Details
Year Built
1955
Listing Agency:
Carrow Real Estate Services LLC
(518) 462-7491
Listed By:
Deborah A Hoelzli · License #10301215740
(518) 986-6713
Source:
Simplywoodardrealestate
Added: Sep 7
Changed: Nov 1
Last Checked: Nov 1 at 3:03PM
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 Carrow Real Estate Services LLC
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 retail space provides 1,500 square feet of office and retail area. Built in 1955, the property offers a configuration that accommodates office or retail use.
Located on Western Avenue in Guilderland, the property fronts Route 20 and includes on-site parking.
Located on Western Avenue in Guilderland, the property fronts Route 20 and includes on-site parking.
Key Highlights
- 1,500 square feet of office and retail space
- On‑site parking
- Frontage on Route 20
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,106
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
$362.1K
Cap Rate 7%
$258,657
$258.7K
Cap Rate 9%
$201,178
$201.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.1K −$0.76/SF
EGI
$25.9K $17.24/SF
− OpEx
−$7.8K −$5.17/SF
NOI
$18.1K $12.07/SF
Area
Schenectady County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,120
Cap Rate 7%
$258,657
Cap Rate 9%
$201,178
Alternative Uses
Best Use
Retail
$258.7K
$226.3K – $301.8K
NOI $18,106 @ 7.0% cap · market cap 703.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$449.0K
$392.9K – $523.8K
NOI $31,428 @ 7.0% cap · market cap 1,221.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Shops & Services 46%
Hannaford
Groceries
31,683 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
18,262 visits/mo
0.5 miles
Sunoco
Shops & Services
5,712 visits/mo
0.3 miles
Trustco Bank
Shops & Services
1,967 visits/mo
0.3 miles
Valvoline Instant Oil Change
Shops & Services
1,174 visits/mo
0.4 miles
Demographics for 12303, NY
30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The property includes on-site parking for office or retail occupancy.
Where is this retail space located?
The property is located at 2555 Western Avenue Guilderland, NY.
What are key features of this property?
This property features: 1,500 square feet of office and retail space; On‑site parking; Frontage on Route 20
