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    713 Hoosick Rd Troy, NY 12180

    Sponsored
    For Sale
    $1,100,000

    Prime Troy location, 1.3 acres, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre commercial land parcel presents a remarkable development opportunity in Troy, New York. Located at 713-715 Hoosick Road, this property boasts a highly desirable corner lot position with direct access to a traffic light, ensuring excellent visibility and accessibility. The site, identified by APN 202301219, benefits from over 25,500 vehicles per day (VPD) on Route 7, a key thoroughfare. Its strategic location directly across from the bustling Price Chopper Plaza and other nationally recognized brands guarantees high foot traffic and brand synergy. The property has already undergone demolition and site clearing, significantly reducing development hurdles and expediting the construction process. This ready-to-develop land offers an unparalleled chance to establish a thriving commercial venture in a prime retail location within Rensselaer County. The asking price for this exceptional opportunity is $1,100,000. This is a rare chance to acquire a cleared, high-visibility commercial lot in a thriving area of Troy, NY. Don't miss this chance to capitalize on this exceptional location.

    Property Features for 713 Hoosick Rd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • High‑visibility corner lot at a signalized intersection.
    • Over 25,500 vehicles per day (VPD).
    • Excellent location across from a Price Chopper Plaza and other national retailers.
    • Development‑ready site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.6457336
    Latitude
    42.7437409

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    FAQs

    What type of property is this?
    Land - Prime Troy location, 1.3 acres, high traffic.
    Where is this land located?
    The property is located at 713 Hoosick Rd Troy, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: High-visibility corner lot at a signalized intersection.; Over 25,500 vehicles per day (VPD).; Excellent location across from a Price Chopper Plaza and other national retailers.
    (518) 862-0861
    Request Owner's contact information
    713 Hoosick Rd Troy, NY 12180
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    Troy, NY 12180
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    713 Hoosick Rd Troy, NY 12180
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