106 Foundry Rd Voorheesville, NY 12186
- Manufacturing properties
- 1,620 SF
- 50.00 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 106 Foundry Rd
- Year built
- 1950
- Lot size
- 50.00 lot acres
- Property size
- 1,620 SF
- Zone code
- V7
- Property type
- Manufacturing properties
- APN
- 013401 61.19-2-2.1
- APU
- 134016119221
Description
This exceptional 53-acre parcel of land presents a unique investment opportunity in Voorheesville, New York. Located at 106 Foundry Road, zip code 12186, this property is ideally situated in Albany County and offers significant potential for a variety of commercial and industrial uses. The land is zoned MU-BR, a versatile zoning designation that permits a wide range of development options, including but not limited to light industrial facilities, manufacturing plants, mixed-use developments, and even school buildings. The expansive acreage provides ample space for large-scale projects, offering flexibility for developers seeking to build substantial facilities. The property's strategic location within Voorheesville offers convenient access to major transportation routes, ensuring seamless logistics and connectivity for any future development. With its generous size, flexible zoning, and prime location, this 53-acre site represents a compelling investment opportunity for businesses and developers seeking to establish a significant presence in the thriving Voorheesville area. The asking price for this exceptional property is $399,000. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a desirable location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $360,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $420,000
- Retail
- $410,000
- Mixed-Use
- $370,000
- Hospitality
- $400,000
- Educational
- $410,000
- Residential Income
- $395,000
- Energy
- $420,000
- Income-Based Land
- $310,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Voorheesville
- County
- Albany
- State
- New York
- Longitude
- -73.9359
- Latitude
- 42.6609
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
