Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Industrial Way Watervliet, NY 12189

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    Varied industrial spaces available within Lincoln Business Park.

    Type:Industrial
    Property size:
    300,000 SF
    Added:
    Nov 22, 2025
    Days on Market:
    135
    Last Refresh:
    Mar 19 at 10:13 pm

    Property Features for Industrial Way

    General Information

    Standard status
    Active
    Size
    300,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Dan Davitt
    Dan Davitt

    Listing agent Dan Davitt License #Associate Real Estate Broker

    Listing office CBRE | Albany

    Listing date Nov 22, 2025

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany

    Overview

    Watervliet Industrial Spaces For Lease

    Available for lease are various industrial spaces located within Lincoln Business Park. These Class A industrial pre-engineered buildings range in size, with options starting from approximately 17,000 square feet and extending up to approximately 300,000 square feet. The location is suitable for distribution, manufacturing, and logistic warehouse operations, offering convenient connectivity to interstate routes I-87 and I-90. The property is located at the corner of Lincoln Avenue and First Street. To access from I-787, take exit Route 378, proceed on North Broadway for 4/10th of a mile, turn left onto First Street; the site will be on the right.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Similar Places Nearby

    • Omg Movers LLC — 30 Lake Shore Dr, Watervliet, NY 12189

    Map

    City
    Watervliet
    County
    Albany
    State
    New York
    Longitude
    -73.7188
    Latitude
    42.7341

    Nearby Similar for Lease

    • $5/mo

      Watervliet Warehouse Space For Lease

      Warehouse spaces ranging from 50,000 to 150,000 SF for lease.
      2622 7th Avenue, Watervliet, NY, 12189
      View Details
    • $11/mo

      New Industrial Building For Lease

      To-be-built industrial building in Lincoln Business Park available for lease.
      40 Reading Road, Watervliet, NY, 12189
      View Details
    • $9/mo

      New Class A Industrial Facility

      New industrial facility in Colonie, NY, with flexible space.
      10 Pennsylvania Avenue, Watervliet, NY, 12189
      View Details
    • $7/mo

      Industrial Building with Office Space

      Industrial building featuring warehouse and office space for lease.
      2437 3rd Avenue, Watervliet, NY 12189
      View Details
    • $11/mo

      Industrial Space in Lincoln Business Park

      Industrial buildings with customizable options in Watervliet, NY.
      10 Pennsylvania Ave, Watervliet, NY
      View Details
    • Contact for pricing

      Watervliet Warehouse Spaces for Lease

      Warehouse spaces for lease, flexible sizes, loading docks, grade access.
      2622 7th Ave, Watervliet, NY 12189
      View Details
    • Contact for pricing

      Industrial Spaces in Lincoln Business Park

      Varied industrial spaces for lease in Watervliet, NY.
      11 Industrial Wy, Watervliet, NY 12189
      View Details

    FAQs

    What type of property is this?
    Warehouse - Varied industrial spaces available within Lincoln Business Park.
    Where is this warehouse located?
    The property is located at Industrial Way Watervliet, NY.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Class A industrial spaces ranging from ±17,000 SF to ±300,000 SF.; Excellent location for distribution, manufacturing, and logistics.; Convenient connectivity to I‑87 and I‑90.
    (518) 452-2700
    We can help!
    Listing Contact
    Dan Davitt
    Dan Davitt
    Real Estate License ID: Associate Real Estate Broker
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!