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    Office Building with Expansion Potential Title is generated by Realmo AI

    300 Jordan Road, Troy, NY

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    For Sale
    $3,500,000

    Office building for sale with expansion and warehouse space.

    Type:Office
    Property size:
    18,339 SF
    Price / SF:
    $190/SF
    Added:
    Sep 25, 2025
    Days on Market:
    285
    Last Refresh:
    Jun 29 at 2:00 am

    Property Features for 300 Jordan Road

    General Information

    Standard status
    Active
    Size
    18,339 SF
    Property subtype
    Office

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    Pyramid Brokerage Albany
    Pyramid Brokerage Albany

    Listing office Majors Real Estate

    Listing date Sep 25, 2025

    Source Pyramidbrokerage

    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 Majors Real Estate

    HighLights

    • 18,339 sq. ft. of available space for future expansion.
    • Total building size of 34,197 sq. ft.
    • Existing tenant provides immediate income.
    • 17,190 sq. ft. of office space.
    • 1,149 sq. ft. of warehouse space.
    • Opportunity for owner‑occupancy with existing tenant.

    Overview

    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.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $484.1k $26.40
    − Vacancy −$106.5k −$5.81
    EGI $377.6k $20.59
    − OpEx −$94.4k −$5.15
    NOI $283.2k $15.44
    18,339 SF · lease $26.40/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.05M
    $3.54M – $4.72M (±1% cap)
    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 (±1% cap)
    NOI $400,580 @ 7.0% cap · market cap 11.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Group of Companies Construction Company Raith America, Inc., ... Factory Jennifer Volpe Dance ... Theater & Performing Art Venue IREM Capital Region! Real Estate Agency United Development Corporation Construction Company

    Suggested Use

    Restaurant Hair Salon Dental Office Pharmacy Gym & Fitness Center Spa & Massage Center Kitchen & Bath Showroom Food Market Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6992
    Latitude
    42.6775

    FAQs

    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.
    More about this property
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