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    OFF-MARKET
    Industrial properties

    Duanesburg Rd, Schenectady, NY 12306

    2,890 SF 10 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two parcels totaling 10 acres situated on Duanesburg Road (Route 7) in Schenectady, New York. The property boasts an impressive 2,890 square feet of industrial space, ideally positioned near the intersection of Interstates 90 and 88, offering unparalleled visibility and accessibility. The strategic location on the outskirts of Albany ensures convenient access to a robust workforce and extensive transportation networks. High daily traffic counts significantly enhance the property's commercial potential. NYS Department of Transportation data reveals 42,447 vehicles daily on I-90, 19,163 on I-88, and 12,555 on Route 7, resulting in a combined daily traffic count of 74,165 vehicles. This translates to exceptional exposure for any business. The property's ease of access and prime location make it an ideal site for establishing or expanding a diverse range of businesses. This is a rare chance to acquire a substantial industrial property with significant growth potential in a high-traffic area, offering a compelling return on investment. The property's location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location to thrive. The combined parcel IDs are 57.7-1-5.1 and 57.7-1-5.2. This is a turnkey opportunity for immediate occupancy and business development.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1940
    Total area 2,890 SF
    Lot 10 ac (435,600 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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