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    OFF-MARKET
    Office Spaces

    740 Floo, Schenectady, NY 12305

    0.4 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property located at 740 Union Street, Unit 3rd Floor, Schenectady, NY, presents a unique investment opportunity. Situated on a sizable 0.4-acre lot, this office building offers significant potential for a variety of businesses. While the exact square footage is currently unavailable, the expansive third-floor unit provides ample space for various configurations. The property's address in Schenectady places it within a convenient and accessible location, benefiting from established infrastructure and proximity to local amenities. The building's current condition and specific features require further investigation, but the substantial lot size alone makes this a compelling proposition for developers or businesses seeking a prominent presence in the Schenectady market. The asking price is currently being determined, making this a highly flexible opportunity for negotiation. Serious inquiries are encouraged to explore the full potential of this promising commercial property. Further details regarding the building's specifications and potential uses are available upon request. This is an excellent chance to acquire a significant commercial space in a growing area. Don't miss this opportunity to secure a valuable asset in a desirable location.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1950
    Lot 0.4 ac (17,424 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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