Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.