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    40 Media Dr Queensbury, NY 12804

    Sponsored
    For Lease
    $1.00 SF/Yr ($5,505 /Mo)

    66,060 SF Office Building, Ample Parking

    Lot size:
    66,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building at 40 Media Drive offers a rare opportunity for businesses seeking premium space. The single-tenant building, constructed in 2007, boasts a total of 66,060 square feet, with 41,234 square feet currently available. The property is situated on a generous 6.75-acre lot, providing ample space and visibility. The building features a two-story design with a 10-foot ceiling height, creating a bright and spacious environment. Parking is abundant, with 425 private spaces available for tenants and their guests. The building is equipped with robust power capabilities, including 480 Volts, 1600 Amp, 3-phase power. Its convenient location off Exit 18 of the Adirondack Northway (I-87) ensures easy access for employees and clients. The property is zoned for commercial use and offers excellent signage opportunities, both monument and building signage are available. This is an ideal location for a variety of businesses, from traditional office spaces to executive suites and medical offices. The flexible space allows for customization to meet specific business needs. Don't miss this chance to secure a prime location for your business's future growth.

    Property Features for 40 Media Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,060 SF
    Class
    A
    Total Rate
    5505

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    41,234 SF
    Rate per SF
    $1.00

    HighLights

    • Class A, 66,060 SF office building on 6.75 acres.
    • Single‑tenant occupancy available, 1,508 - 41,234 SF.
    • 2‑story building, 10' ceiling height, built in 2007.
    • 425 parking spaces.
    • 480 Volt, 1600 Amp, 3‑phase power.
    • Excellent location off Exit 18 of I‑87 (Adirondack Northway).
    Property Profile Location Intelligence

    Current Use by Public Records

    Gracenote, Inc Media Company Hudson Headwaters 340B, ... Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Queensbury
    County
    Warren
    State
    New York
    Longitude
    -73.677056060415
    Latitude
    43.301092052259

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    FAQs

    What type of property is this?
    Medical office - 66,060 SF Office Building, Ample Parking
    Where is this medical office located?
    The property is located at 40 Media Dr Queensbury, NY.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Class A, 66,060 SF office building on 6.75 acres.; Single-tenant occupancy available, 1,508 - 41,234 SF.; 2-story building, 10' ceiling height, built in 2007.
    Request Owner's contact information
    40 Media Dr Queensbury, NY 12804
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    Queensbury, NY 12804
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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
    40 Media Dr Queensbury, NY 12804
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