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    OFF-MARKET
    Land

    0 350-360-370 Church Rd, Albany, NY 12203

    213.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 213.66-acre property, encompassing three parcels at 350-360-370 Church Road in Albany County, New York, presents a unique investment opportunity. Situated in the Town of Guilderland, this land boasts a highly desirable location, offering convenient access to major transportation arteries and key amenities. Just minutes away from Crossgates Mall, the University at Albany, and Stuyvesant Plaza, the property enjoys unparalleled proximity to thriving commercial centers and educational institutions. A short 9-minute drive to Albany International Airport further enhances its strategic value. Currently zoned Rural Agriculture (RA3), the property features approximately 2,299 feet of frontage along Church Road. Municipal water and sewer services are available, adding to its development potential. The property is within the Guilderland Central School District. The asking price is $2,390,000, translating to an attractive price per acre of $11,186. Annual real estate taxes are $38,005.20. A previous concept plan for a 12-lot estate subdivision is available for review, showcasing the potential for future development. Offers for individual parcels will be considered. The APN numbers are 63.00-1-7.1, 63.00-1-7.2, and 63.00-1-7.3. This property is ideally suited for a variety of uses, given its size, location, and zoning.

    Property profile
    Verified
    Property type Land
    Lot 213.66 ac (9,307,030 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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