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    OFF-MARKET
    Land

    5 Albany Rd, Selkirk, NY 12158

    98.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 98.3-acre vacant commercial and industrial land parcel presents a unique investment opportunity in Selkirk, New York. Located at 5 S Albany Rd, Albany County, with APN 120.00-3-1, this property is zoned for vacant industrial use and offers significant potential for various manufacturing, warehouse, and distribution operations. Its strategic location adjacent to the CSX Northeast Hub provides unparalleled access to major transportation networks, significantly enhancing logistics and supply chain efficiency. The property is conveniently situated just 13 minutes from the New York State Thruway and 25 minutes from Albany, offering access to a robust and readily available workforce. The area boasts a strong industrial presence, with established businesses such as Owens Corning, Sabic, Iron Mountain, World Logistics, ADI, and Messar already operating nearby. The asking price for this expansive lot is $2,500,000. A possible railroad spur adds further logistical advantages. This property is ideal for businesses seeking a strategic location with excellent infrastructure and access to a skilled workforce within a thriving industrial community. The property's size and zoning make it suitable for large-scale development projects.

    Property profile
    Verified
    Property type Land
    Lot 98.3 ac (4,281,948 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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