579 Troy Schenectady RdLatham, NY 12110

Property Details for 579 Troy Schenectady Rd

Year built

1993

Lot size

89.34 AC

Property size (Sq ft)

154,580 SF

Zone code

16

Property type

Retail properties

Property subtype

Super regional malls

APN

012689 19.1-2-8

APU

1268919128

Description

Latham Farms, a thriving 629,575 square foot neighborhood retail center in Latham, NY (12110), offers exceptional opportunities for businesses seeking high-traffic locations. Situated on 132.12 acres at 579 Troy Schenectady Rd, this established center boasts a strong tenant mix including national retailers such as Home Depot, Dick's Sporting Goods, Hannaford, Sam's Club, and Ollie's. The property is conveniently located on the I-87 corridor in the New York Capital District, with additional major retailers like Lowe's, Target, and Walmart nearby. Currently, there are multiple spaces available, with a minimum divisible space of 1,482 square feet and a maximum contiguous space of 9,878 square feet. A total of 41,546 square feet is currently vacant. The center features ample parking with 3,312 spaces, built in 1994. This property presents a unique chance to establish or expand your business within a well-established and highly visible retail environment in Albany County. Note that availability is subject to prior rental or withdrawal from the market without notice.

• CAP approach

  CAP return

  Valuation

  6%

  $56,448,100

  6.5%

  $52,105,940

  7%

  $48,384,084

• Comparable approach

  Method

  Valuation

  Relative Method

  $51,239,624

  Geo Method

  $50,897,504

• Alternative Use

  Use

  Valuation

  Residential

  $43,953,308

  Hospitality

  $40,260,996

  Educational

  $33,496,674

  Medical

  $34,648,676

  Retail

  $52,105,940

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.7553

Longitude

-73.7626

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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