11 Terminal Dr Latham, NY 12110
This ±4,620 square foot industrial warehouse is available for sale at $1,200,000. Located at 11 Terminal Drive in Latham, NY (zip code 12110), this property sits on a 2-acre lot and benefits from favorable ABA (Airport Business Area) zoning. The building offers a convenient location, right off I-87 southbound at Exit 4. The interior layout includes approximately 1,200 square feet of office space and 3,400 square feet of warehouse space. Office features include two private offices, a reception area, and two bathrooms. The warehouse area boasts column spacing of 17' x 30'. The property is handicap accessible and features heat and air conditioning throughout. Additional amenities include a storage room and an existing electric sign on the building. This former cross-dock facility presents a compelling opportunity for businesses seeking a well-appointed industrial space in a prime Albany County location. The property's features and zoning make it suitable for a variety of industrial, sales, and service businesses. The gross lease option provides straightforward financial planning. The Albany County address and convenient highway access offer excellent logistical advantages. The property is currently vacant, allowing for immediate occupancy and customization to suit a new tenant's specific needs. The APN is 30.-3-69.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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