Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    14 Jupiter Ln Albany, NY 12203
    Back to Search
    Property profile & analytics

    14 Jupiter Ln Albany, NY 12203

    View on Map
    • Warehouses
    • 30,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ON Services - Albany / Rental Equipment Company / Tech Support Center
    • Albany ABM Office / Landscaping / General Contractor

    Property Details for 14 Jupiter Ln

    Property size
    30,800 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, located at 14 Jupiter Lane in Albany, NY 12203, offers a versatile warehouse space ideal for a variety of businesses. The property is a two-story building totaling 30,800 square feet, currently featuring one suite. A significant 2,917 square feet is immediately available for lease. The building boasts high ceilings, with 9-foot ceilings in the office space and 18+ foot ceilings in the warehouse area, providing ample storage and operational space. Situated in Albany County, this location offers unparalleled access to major transportation routes. Its proximity to Exit 2 of I-87 ensures efficient distribution and convenient commuting for employees. The property's strategic location in the heart of the Capital Region, off Central Avenue in the Village of Colonie, makes it particularly attractive for distributors, service-based businesses, and healthcare industries. This is a rare opportunity to secure a well-located, functional warehouse space in a thriving commercial area. The property's size and features make it suitable for a range of businesses seeking a strategic location with excellent accessibility. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8478
    Latitude
    42.6823

    Comparable in this City

    • Value Estimation
      $1,575,000
      43,918 SF

      35 Corporate Cir

      WAREHOUSE, STORAGE • 43,918 SF
      35 Corporate Cir, Albany, NY 12203-5154
      View Details
    • Value Estimation
      $1,435,000
      34,560 SF

      15 Corporate Cir

      WAREHOUSE, STORAGE • 34,560 SF
      15 Corporate Cir, Albany, NY 12203-5154
      View Details
    • Value Estimation
      $4,535,000
      59,625 SF

      14 Corporate Cir

      WAREHOUSE, STORAGE • 59,625 SF
      14 Corporate Cir, Albany, NY 12203-5121
      View Details
    • Value Estimation by Request
      3,750 SF

      164 Spg St

      WAREHOUSE, STORAGE • 3,750 SF
      164 Spg St, Albany, NY 12203
      View Details
    • Value Estimation by Request
      9,500 SF

      214 Quail St

      WAREHOUSE, STORAGE • 9,500 SF
      214 Quail St, Albany, NY 12203
      View Details
    • Value Estimation
      $4,275,000
      151,527 SF

      25 Corporate Cir

      WAREHOUSE, STORAGE • 151,527 SF
      25 Corporate Cir, Albany, NY 12203-5194
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      181,300 SF

      Distribution Center with Long-Term Lease

      Well-maintained distribution center with over 13 years remaining on lease.
      38 Corporate Cir, Albany, NY 12203
      View Details
    • $1,565,000
      45,000 SF

      Albany Religious Institution For Sale

      1.85 acres with 45,000 SF religious facility in Albany.
      181 Western Ave, Albany, NY 12203
      View Details
    • $215,000
      1,472 SF

      Historical Brownstone Near Washington Park

      Historical brick brownstone near Washington Park, ready for renovation.
      249 Quail St, Albany, NY 12203
      View Details
    • New
      $189,000
      Pending

      Turnkey Albany Restaurant Opportunity

      Iconic Albany restaurant for sale, includes building and all FF&E.
      494 Washington Avenue Ext, Albany, NY 12203
      View Details
    • New
      $279,900
      2,472 SF

      Albany Two-Family Investment Property

      Fully rented two-family property producing $2,900/month gross income.
      693 State St, Albany, NY 12203
      View Details
    • $74,900
      3.50 Acres

      Albany Land for Development

      3.5 acres with 15 buildable lots in Albany, NY.
      94 Briar Ave, Albany, NY 12203
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Warehouse Distribution Facility

      75,000 SF Class A warehouse with 5,000 SF office space.
      42 Corporate Cir, Albany, NY 12203
      View Details
    • Contact for pricing
      93,000 SF

      New Warehouse Build in Albany

      New warehouse build with high visibility, available for rent.
      48 Corporate Cir, Albany, NY 12203
      View Details
    • Contact for pricing

      Office/Warehouse Park in Capital Region

      Office and warehouse spaces available in a prime location.
      14 Jupiter Ln, Albany, NY 12203
      View Details
    • Contact for pricing
      4,060 SF

      Flex Space in Karner Park

      Flex space centrally located near major transportation and amenities.
      20 Corporate Cir, Albany, NY 12203
      View Details
    • Contact for pricing

      Medical Office Sublease Opportunity

      Class A medical office space available for sublease.
      178 Washington Avenue Ext, Albany, NY 12203
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space on Western Avenue

      Retail space for lease in high-traffic Albany location.
      1617 Western Ave, Albany, NY 12203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 Jupiter Ln
    Albany, NY 12203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14 Jupiter Ln, Albany, NY, 12203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!