Warehouse with Dock-High
For Sale
Contact for pricing
291 Wolf Rd, Latham, NY 12110
Built in 2015, the warehouse features six loading docks with levelers, one 12’ overhead door, and a small office component.
Property Size30,984 SF
Lot Size2.00 Acres
Price / SF$145.24
Days on Market280
Property Features for 291 Wolf Rd
General Information
Standard status
Active
Size
30,984 SF
Lot size
2.00 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
30 ft
Dock-High Doors
6
Drive-In Doors
1
Sprinkler System
Yes
Amenities
breakroom
Building Details
Year Built
2015
Listing Agency:
CBRE | Albany
(518) 452-2700
Listed By:
Kyle Rueckert · License #10301211707
(518) 257-0430
Source:
Moodyscre
Added: Jan 29
Changed: Oct 25
Last Checked: Nov 3 at 9:08AM
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
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Investment Insights
Based on property information with market context.
This built-in-2015 warehouse offers a practical loading configuration with six loading docks equipped with levelers plus a 12’ overhead door at grade. The facility includes a 30’ ceiling height and a wet sprinkler system, supporting straightforward day-to-day operations. A small office component with a breakroom is included within the building.
The property is situated on a 2-acre site and is available for sale.
The interior clear height and loading access are well suited for users seeking efficient truck receiving alongside onsite administrative space.
The property is situated on a 2-acre site and is available for sale.
The interior clear height and loading access are well suited for users seeking efficient truck receiving alongside onsite administrative space.
Key Highlights
- Built in 2015 warehouse on a 2‑acre site
- Six loading docks with levelers for efficient loading and unloading
- One 12’ overhead door at grade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,456
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,069,120
$7.1M
Cap Rate 7%
$5,049,371
$5.0M
Cap Rate 9%
$3,927,289
$3.9M
Market Conditions
NOI Build-Up for 30,984 SF
Gross rent
$446.2K $14.40/SF
− Vacancy
−$30.3K −$0.98/SF
EGI
$415.8K $13.42/SF
− OpEx
−$62.4K −$2.01/SF
NOI
$353.5K $11.41/SF
Area
Albany County, NY
Vacancy
6.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,069,120
Cap Rate 7%
$5,049,371
Cap Rate 9%
$3,927,289
Alternative Uses
Best Use
Warehouse
$5.05M
$4.42M – $5.89M
NOI $353,456 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.67M
$8.46M – $11.28M
NOI $676,786 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
30 ft
Clear height
6
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
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
Similar Off Market Nearby
- Prime Storage — 724 Watervliet Shaker Rd, Latham, NY 12110
Frequently Asked Questions
What type of property is this?
Warehouse - Built in 2015, the warehouse features six loading docks with levelers, one 12’ overhead door, and a small office component.
Where is this warehouse located?
The property is located at 291 Wolf Rd Latham, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Built in 2015 warehouse on a 2‑acre site; Six loading docks with levelers for efficient loading and unloading; One 12’ overhead door at grade
