Property profile

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

OFF-MARKET
Land
213.66 ac lot
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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

Location

350-360-370 Church Rd Albany, NY 12203
Albany metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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