Office Building with Expansion
300 Jordan Road Troy, NY
300 Jordan Road, Troy, NY, 00000
$3,500,000
For Sale
$3,500,000
Office building for sale with expansion and warehouse space.
Property Size18,339 SF
Price / SF$190.85
Days on Market297
Property Features for 300 Jordan Road
General Information
- Standard status
- Active
- Size
- 18,339 SF
- Property subtype
- Office
Listing Agency
Majors Real Estate
(518) 489-9199
Listed by
Pyramid Brokerage Albany · License #200307086
(518) 489-9199
Source
Pyramidbrokerage
Added: Sep 25, 2025 Checked: Jul 17 at 2:28 am
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
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.
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
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 local authorities.
Property Analytics
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
Similar For Sale Nearby
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.
