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    106 Foundry Rd Voorheesville, NY 12186

    Sponsored
    For Sale
    $399,000

    Prime 53-acre commercial/industrial site.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 53-acre parcel of land presents a unique investment opportunity in Voorheesville, New York. Located at 106 Foundry Road, zip code 12186, this property is ideally situated in Albany County and offers significant potential for a variety of commercial and industrial uses. The land is zoned MU-BR, a versatile zoning designation that permits a wide range of development options, including but not limited to light industrial facilities, manufacturing plants, mixed-use developments, and even school buildings. The expansive acreage provides ample space for large-scale projects, offering flexibility for developers seeking to build substantial facilities. The property's strategic location within Voorheesville offers convenient access to major transportation routes, ensuring seamless logistics and connectivity for any future development. With its generous size, flexible zoning, and prime location, this 53-acre site represents a compelling investment opportunity for businesses and developers seeking to establish a significant presence in the thriving Voorheesville area. The asking price for this exceptional property is $399,000. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a desirable location. Serious inquiries are encouraged.

    Property Features for 106 Foundry Rd

    General Information

    Property type
    Land

    HighLights

    • $399,000 asking price.
    • 53 acres of vacant land.
    • Located at 106 Foundry Rd, Voorheesville, NY 12186.
    • Zoned MU‑BR, allowing for light industrial, manufacturing, mixed‑use, and school building uses.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Voorheesville
    County
    Albany
    State
    New York
    Longitude
    -73.93527
    Latitude
    42.660079

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    FAQs

    What type of property is this?
    Land - Prime 53-acre commercial/industrial site.
    Where is this land located?
    The property is located at 106 Foundry Rd Voorheesville, NY.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: $399,000 asking price.; 53 acres of vacant land.; Located at 106 Foundry Rd, Voorheesville, NY 12186.
    Request Owner's contact information
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    Voorheesville, NY 12186
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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
    106 Foundry Rd Voorheesville, NY 12186
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