Property profile

661 Albany Shaker Rd Colonie, NY 12205

OFF-MARKET
Office Spaces
10,000 SF
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Property summary

AI-generated overview

This exceptional 10,000-square-foot medical office building, located at 661 Albany Shaker Road in Colonie, New York, presents a unique investment opportunity. The entire building is currently vacant, offering a blank canvas for a single tenant to customize the space to their exact specifications. Situated in Albany County, with a 12205 zip code, this two-story building is zoned ABA - Airport Business Area, providing convenient access to major transportation routes. The property boasts a total of 10,000 square feet, all of which is available for lease. This presents a rare chance to secure a substantial, single-tenant medical office space in a desirable location. The building's layout allows for flexible design and configuration, catering to a wide range of medical practices. Its strategic location within the Airport Business Area offers excellent visibility and accessibility for patients and staff. The property's size and zoning make it ideal for a variety of medical uses, from general practice to specialized clinics. Interested parties are encouraged to explore the potential of this prime medical office space and its significant advantages. The property is ready for immediate occupancy, allowing for a swift and efficient transition for the new tenant. This is a remarkable opportunity to establish a thriving medical practice in a highly sought-after area.

Property profile

Verified
Property type Office Spaces
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Homestay

Location

661 Albany Shaker Rd Colonie, NY 12205
Colonie metro
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Value estimations

Realmo proprietary · 4 methods
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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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