Office Building with Expansion
For Sale
$3,500,000
300 Jordan Road, Troy, NY
Office building for sale with expansion and warehouse space.
Property Size18,339 SF
Price / SF$190.85
Days on Market376
Property Features for 300 Jordan Road
General Information
Standard status
Active
Size
18,339 SF
Property subtype
Office
Building Details
Building Size
18,339 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Sep 14
Last Checked: Oct 5 at 3:12PM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This office building offers 34,197 square feet of space, with 18,339 square feet currently available, providing expansion opportunities. The building is occupied by a single tenant. The layout includes 17,190 square feet of office space and 1,149 square feet of warehouse space.
Key Highlights
- 18,339 sq. ft. of available space for future expansion.
- Total building size of 34,197 sq. ft.
- Existing tenant provides immediate income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,228
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,664,560
$5.7M
Cap Rate 7%
$4,046,114
$4.0M
Cap Rate 9%
$3,146,978
$3.1M
Market Conditions
NOI Build-Up for 18,339 SF
Gross rent
$484.1K $26.40/SF
− Vacancy
−$106.5K −$5.81/SF
EGI
$377.6K $20.59/SF
− OpEx
−$94.4K −$5.15/SF
NOI
$283.2K $15.44/SF
Area
Albany County, NY
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,664,560
Cap Rate 7%
$4,046,114
Cap Rate 9%
$3,146,978
Alternative Uses
Best Use
Office B
$4.05M
$3.54M – $4.72M
NOI $283,228 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.72M
$5.01M – $6.68M
NOI $400,580 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Office building for sale with expansion and warehouse space.
Where is this office building located?
The property is located at 300 Jordan Road Troy, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 18,339 sq. ft. of available space for future expansion.; Total building size of 34,197 sq. ft.; Existing tenant provides immediate income.
