1182 Troy-Schenectady Rd, Latham, NY 12110
This exceptional Class A medical office building, totaling 32,997 square feet, is strategically located at 1182 Troy Schenectady Road in Latham, NY, offering unparalleled visibility and accessibility along the busy Route 7 corridor. Built in 2007 and extensively renovated in 2023, the three-story building boasts 12-foot ceilings and ample parking for 60 vehicles. Multiple suites are available, ranging from 1,937 to 4,319 contiguous square feet, ideal for a variety of medical or traditional office uses. Currently, 15,262 square feet is vacant, presenting a unique opportunity for expansion or new tenancy. The property features prominent pylon and building signage opportunities, enhancing visibility and brand recognition. Situated in a thriving plaza with nearby amenities including banking, restaurants, and hair salons, this location benefits from high traffic counts, with approximately 40,000 vehicles passing daily. The building's convenient location offers easy access to Albany International Airport and major highways (I-87, Highway 9, and Route 2), serving a substantial population base of over 520,000 residents within a 10-mile radius. The zoning is designated as 12, and the property sits on 2.88 acres in Albany County. Base rent excludes utilities, janitorial, and HVAC; tenants share pro-rata increases in operating expenses beyond the base year. This is a prime opportunity to establish or expand your practice in a high-demand location.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.