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    23 Computer Dr Albany, NY 12205

    • Office buildings
    • 4,836 SF
    • 0.50 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $260,000
    Location Intelligence
    Property ID
    US63-2153075
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Daniel F. Zal, Lac / Acupuncturist / Acupuncture Clinic
    • Hui (Grace) Gao Acupuncture & Traditional Chinese Medicine / Acupuncture Clinic / Acupuncturist
    • Hui Gao L.Ac / Acupuncturist
    • Acupuncture Health Care Center / Acupuncture Clinic / Sports Medicine Clinic
    • Bucher Architects & Planners / Architect

    Property Details for 23 Computer Dr

    Year built
    1973
    Lot size
    0.50 lot acres
    Property size
    4,836 SF
    Zone code
    12
    Property type
    Office buildings
    APN
    012689 42.1-2-11
    APU
    12689421211

    Description

    This exceptional ±4,400 square foot single-story office building in Colonie, NY, presents a unique opportunity for both sale and lease. Located at 23 Computer Dr E, zip code 12205, this traditional office building offers ±1,536 square feet of immediately available space, perfect for a growing business seeking expansion or a new owner-user. The building's flexible occupancy allows for a variety of configurations, accommodating businesses of different sizes. The current tenant occupancy allows for partial or full building acquisition. The building is situated in Albany County, providing easy access to major transportation routes and amenities. The asking price for the entire building is $392,700. Detailed lease terms are available upon request. This property offers a compelling investment opportunity with significant potential for return. The available space is ideal for a variety of office uses, and the building's location in Colonie, NY, provides excellent visibility and accessibility. Don't miss this chance to secure a prime office space in a thriving Albany County market. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8044
    Latitude
    42.7143
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $100,000
    $143,000
    $243,000
    -
    $196,091
    $280,409
    $476,500

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    23 Computer Dr
    Albany, NY 12205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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