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    23 Computer Dr Albany, NY 12205

    Sponsored
    For Lease
    $15 SF/Yr ($5,683 /Mo)

    Prime Albany Office Space: Lease or Buy

    Lot size:
    4,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±4,400 square foot single-story office building in Colonie, NY, presents a unique opportunity for both sale and lease. Located at 23 Computer Dr E, zip code 12205, this traditional office building offers ±1,536 square feet of immediately available space, perfect for a growing business seeking expansion or a new owner-user. The building's flexible occupancy allows for a variety of configurations, accommodating businesses of different sizes. The current tenant occupancy allows for partial or full building acquisition. The building is situated in Albany County, providing easy access to major transportation routes and amenities. The asking price for the entire building is $392,700. Detailed lease terms are available upon request. This property offers a compelling investment opportunity with significant potential for return. The available space is ideal for a variety of office uses, and the building's location in Colonie, NY, provides excellent visibility and accessibility. Don't miss this chance to secure a prime office space in a thriving Albany County market. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 23 Computer Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,400 SF
    Total Rate
    5683.33

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,536 SF
    Rate per SF
    $15

    HighLights

    • 0.50‑acre site.
    • 1973 construction.
    • 21 parking spaces.
    • 200‑amp electrical service.
    • Adjacent building at 21 Computer Drive East also available.
    • Located in the Wolf Road area, the Capital District's premier suburban commercial district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Daniel F. Zal, ... Acupuncturist Hui (Grace) Gao ... Acupuncture Clinic Hui Gao L.Ac Acupuncturist Acupuncture Health Care ... Acupuncture Clinic Bucher Architects & Planners Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8045474
    Latitude
    42.7143034

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Albany Office Space: Lease or Buy
    Where is this office property / space located?
    The property is located at 23 Computer Dr Albany, NY.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 0.50-acre site.; 1973 construction.; 21 parking spaces.
    Request Owner's contact information
    23 Computer Dr Albany, NY 12205
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    Albany, NY 12205
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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
    23 Computer Dr Albany, NY 12205
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