611 Troy-Schenectady Rd, Latham, NY 12110
This exceptional 52,130 square foot commercial property, located at 611 Troy-Schenectady Road in Latham, NY (zip code 12110), presents a unique investment opportunity. Situated on a generous 4.9-acre lot, this property boasts an irreplaceable location with phenomenal visibility and exposure directly off Exit 6 of the Northway (I-87), experiencing high traffic volume (121,505 AADT). Currently housing a 134-room Quality Inn & Suites hotel, the property is zoned HCOR (Highway Commercial Office Residential), allowing for a diverse range of redevelopment possibilities, including hotel, office, retail, or residential uses. The property benefits from convenient access to Albany International Airport and features municipal water and sewer services. The asking price for this strategically located asset is $5,890,000. This is a rare chance to acquire a substantial property in a high-traffic area with significant redevelopment potential. The property's size and zoning provide flexibility for a variety of uses, making it an attractive investment for both experienced developers and long-term investors seeking a prime location in a thriving market. Don't miss this opportunity to secure a piece of Latham's commercial landscape.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.