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Property profile

1167 Troy-Schenectady Rd Latham, NY 12110

OFF-MARKET
Land
4.8 ac lot

Property summary

AI-generated overview

This exceptional 4.8-acre commercial land parcel presents a unique investment opportunity in Latham, New York. Strategically located at 1167-1171 Troy Schenectady Road, this property boasts a prime location at a highly visible, lighted intersection experiencing a daily traffic count of 40,000 vehicles. The site is zoned COR, offering considerable flexibility for development. The expansive lot size allows for the potential of subdivision, catering to a variety of commercial uses. This single-tenant property is ideal for businesses seeking high visibility and accessibility. Its location in Albany County, New York, provides easy access to major transportation routes and a thriving local economy. The property's size and zoning make it suitable for a wide range of commercial projects, from retail establishments to office buildings or other commercial ventures. The high traffic volume ensures significant exposure for any business established on this site. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with excellent development potential. The property's address is 1167-1171 Troy-Schenectady Rd, Latham, NY 12110.

Property profile

Verified
Property type Land
Lot 4.8 ac (209,088 SF)

Cap rate & NOI

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

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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