Property profile

5 Albany Rd Selkirk, NY 12158

OFF-MARKET
Land
98.3 ac lot
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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

Location

5 Albany Rd Selkirk, NY 12158
Selkirk 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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