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    14 Computer Dr Albany, NY 12205

    Sponsored
    For Sale
    $1,200,000

    Fully leased Class B office building in Albany, NY. Excellent investment opportunity.

    Property size:
    15,315 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a fully leased, 15,315 square foot Class B office building situated at 14 Computer Drive East in Albany, New York, 12205. The property, a two-story structure built in 1972, boasts 100% occupancy with a mix of local and national tenants, many of whom have long-term leases. The building is conveniently located directly off the Wolf Road corridor, within a multi-building office park, and benefits from its proximity to the vibrant Wolf Road Business District, which includes shopping centers, hotels, conference centers, and a variety of restaurants and retail establishments. The 0.89-acre site offers ample parking for approximately 60 vehicles. A passenger elevator serves both floors. The property includes cross easements with 19 and 21 Aviation Road, and is offered for sale as a stand-alone asset or as part of a larger portfolio. Financial details are available upon request. The gross lease structure simplifies management. This is a rare opportunity to acquire a stable, high-occupancy commercial property in a prime Albany location.

    Property Features for 14 Computer Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    15,315 SF
    Class
    B

    HighLights

    • 0.89‑acre site.
    • Built in 1972.
    • Fully leased, including long‑term tenants.
    • One passenger elevator.
    • Approximately 60 parking spaces.
    • Cross easements available with 19 and 21 Aviation Road (potential package purchase).
    Property Profile Location Intelligence

    Current Use by Public Records

    BioFit Personal Training Personal Trainer CADimensions, Inc. Computer Software Store EMSI Medical Examiner US Army Health ... Military Base Hunger Solutions New ... Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8053963
    Latitude
    42.7163285

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    FAQs

    What type of property is this?
    Office Property / Space - Fully leased Class B office building in Albany, NY. Excellent investment opportunity.
    Where is this office property / space located?
    The property is located at 14 Computer Dr Albany, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 0.89-acre site.; Built in 1972.; Fully leased, including long-term tenants.
    (518) 452-2700
    Request Owner's contact information
    14 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
    14 Computer Dr Albany, NY 12205
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