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    52 Market St Scotia, NY 12302

    Sponsored
    For Sale
    $1,400,000

    ±23,754 SF Flex Space, Owner/User Opportunity

    Property size:
    23,754 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional ±23,754 square foot industrial flex space at 52 Market Street in Scotia, New York, presents a compelling owner-user opportunity. The single-story building sits on approximately 2.70 acres and features two loading docks, facilitating efficient logistics. High ceilings, ranging from approximately 14 to 19 feet, provide ample vertical space for various uses. The property boasts approximately 65 parking spaces, ensuring convenient access for employees and clients. The building benefits from natural gas heating and is currently tax-exempt. Its strategic location offers convenient access to key transportation arteries, being approximately 2.9 miles from the Schenectady County Airport and 3.4 miles from the Glenville Business and Technology Park. The property is zoned for industrial use and has an APN of 30.61-1-25.1. The asking price is $1,400,000, translating to $58.94 per square foot. This represents a significant opportunity for businesses seeking a well-located, functional, and cost-effective industrial space in the thriving Schenectady County market. The property's size, features, and location make it ideal for a variety of industrial and flex-use businesses.

    Property Features for 52 Market St

    General Information

    Property type
    Flex space
    Square Feet
    23,754 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 2.7‑acre site
    • Two loading docks
    • 14'-19' ceiling heights
    • 65 parking spaces
    • Natural gas heat
    • 2.9 miles from Schenectady County Airport
    Property Profile Location Intelligence

    Current Use by Public Records

    Schenectady Arc- Pine ... Non-Profit Organization Clothes-Funder Thrift Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Scotia
    County
    Schenectady
    State
    New York
    Longitude
    -73.9597236
    Latitude
    42.8383209

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    FAQs

    What type of property is this?
    Flex space - ±23,754 SF Flex Space, Owner/User Opportunity
    Where is this flex space located?
    The property is located at 52 Market St Scotia, NY.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: 2.7-acre site; Two loading docks; 14'-19' ceiling heights
    Request Owner's contact information
    52 Market St Scotia, NY 12302
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    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
    52 Market St Scotia, NY 12302
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