Two-Story Office/Warehouse
300 Jordan Rd Troy, NY 12180
300 Jordan Rd, Troy, NY, 12180
Contact for pricing
For Sale
Contact for pricing
Two-story office/warehouse with three loading docks, 18’ warehouse ceiling, and reinforced 8” slab.
Property Size34,197 SF
Lot Size3.26 Acres
Price / SF$109.66
Days on Market1246
Property Features for 300 Jordan Rd
General Information
- Standard status
- Active
- Size
- 34,197 SF
- Lot size
- 3.26 Acres
- Property subtype
- INDUSTRIAL
Listing agency
CBRE | Albany
(518) 429-6175
Listed by
Laurie Tylenda · License #10301205946
Source
Moodyscre
Added: Feb 21, 2023 Updated: Jul 20 at 6:11PM Checked: Jul 21 at 6:45AM
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
Investment Insights
Based on property information with market context.
This two-story office/warehouse building is offered for sale and includes warehouse space with 18’ ceilings and an 8” reinforced slab. The property has three loading docks and is supported by substantial electrical capacity (1600 amps, 480 volts, 3 phase). The building also includes parking for 78 vehicles.
The asset is located within the Rensselaer Tech Park at 300 Jordan Rd in Troy, NY. A land lease is in place through May 25, 2083, and the property is currently described as occupied on a lease structure through November 30, 2023.
According to the provided information, there is potential to convert additional space back to warehouse use in the future.
The asset is located within the Rensselaer Tech Park at 300 Jordan Rd in Troy, NY. A land lease is in place through May 25, 2083, and the property is currently described as occupied on a lease structure through November 30, 2023.
According to the provided information, there is potential to convert additional space back to warehouse use in the future.
Key Highlights
- Two‑story office/warehouse building in Rensselaer Tech Park
- Warehouse ceiling height of 18’ with reinforced 8” slab
- 3 loading docks plus parking for 78 vehicles
Local Financial Insights For Industrial
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 | $492.4k | $14.40 |
| − Vacancy | −$33.5k | −$0.98 |
| EGI | $459.0k | $13.42 |
| − OpEx | −$137.7k | −$4.03 |
| NOI | $321.3k | $9.39 |
34,197 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Office B
$7.54M
$6.60M – $8.80M
NOI $528,138 @ 7.0% cap · market cap 14.08%
Second Best
Warehouse
$5.57M
$4.88M – $6.50M
NOI $390,108 @ 7.0% cap · market cap 10.40%
Theoretical Best
Office A
$10.67M
$9.34M – $12.45M
NOI $746,968 @ 7.0% cap · market cap 19.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
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FAQs
What type of property is this?
Flex space - Two-story office/warehouse with three loading docks, 18’ warehouse ceiling, and reinforced 8” slab.
Where is this flex space located?
The property is located at 300 Jordan Rd Troy, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Two‑story office/warehouse building in Rensselaer Tech Park; Warehouse ceiling height of 18’ with reinforced 8” slab; 3 loading docks plus parking for 78 vehicles
