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    9 Tower Rd Scotia, NY 12302

    For Sale
    $2,250,000

    14,600 SF Warehouse, $2.25M

    Property size:
    14,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A industrial property, located at 9 Tower Rd in Schenectady, NY, presents a rare opportunity. Boasting 14,600 square feet of net rentable space within a single, meticulously maintained building constructed in 2018, this facility offers a versatile layout ideal for distribution, manufacturing, or warehousing operations. The high-bay warehouse area encompasses 12,600 square feet, complemented by 2,000 square feet of well-appointed office space. The building features a substantial 40-foot ceiling height, two loading docks, and fourteen dock-high doors, ensuring efficient loading and unloading. A significant advantage is the inclusion of a 30-ton crane, enhancing operational capabilities. The property also benefits from a potential 5,000 square foot expansion area, allowing for future growth. Easy access is provided by both loading dock and drive-in door access. The current owner enjoys partial tax exemption on both property and school taxes. This property is offered for sale at $2,250,000, but lease options are also available. This is a turnkey solution for businesses seeking a modern, efficient, and strategically located industrial space in the heart of Schenectady County, NY, zip code 12302.

    Property Features for 9 Tower Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    14,600 SF
    Class
    A

    Building Details

    Year Built
    2018
    Buildings
    1
    Units
    1

    HighLights

    • $2,250,000 asking price.
    • Class A, 14,600 SF industrial building (Distribution, Manufacturing, Warehouse).
    • Built in 2018, single building with one unit.
    • Features 2 loading docks and 14 dock‑high doors.
    • 40' ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bruno Associates Corporate Office

    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
    Scotia
    County
    Schenectady
    State
    New York
    Longitude
    -73.9353636
    Latitude
    42.8540061

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    FAQs

    What type of property is this?
    Distribution property - 14,600 SF Warehouse, $2.25M
    Where is this distribution property located?
    The property is located at 9 Tower Rd Scotia, NY.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: $2,250,000 asking price.; Class A, 14,600 SF industrial building (Distribution, Manufacturing, Warehouse).; Built in 2018, single building with one unit.
    Request Owner's contact information
    9 Tower Rd Scotia, NY 12302
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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
    9 Tower Rd Scotia, NY 12302
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