48 Corporate CirAlbany, NY 12203

Property Details for 48 Corporate Cir

Lot size

5.49 AC

Zone code

CM

Property type

Land

Property subtype

Other industrial land

APN

010100 41.00-2-63

APU

101004100263

Description

This brand-new, 93,000-square-foot industrial warehouse, slated for completion in 2024, offers flexible space solutions in Albany, NY. Located at 48 Corporate Circle, with prominent frontage on both Corporate Circle and New Karner Road, this property boasts exceptional visibility and convenient access to major highways and amenities. The building features a single story with a 30-foot clear-span ceiling height, providing ample vertical space for various operational needs. Loading capabilities are robust, with 24 dock-high doors (9x10 feet) and 4 ground-level doors (10x14 feet), with potential for additional ground-level doors. The property includes 50 parking spaces and is equipped with 800-amp electrical service, forced hot air/AC HVAC, and city water/sewer utilities. The space is divisible, with a minimum leasable area of 15,000 square feet and a maximum contiguous space of 93,000 square feet, allowing for customization to suit diverse tenant requirements. The building's construction utilizes high-quality materials, and the C1 zoning allows for a wide range of industrial and manufacturing uses. The warehouse space can be adapted to include office areas based on tenant needs, making it ideal for businesses requiring both warehouse and showroom functionality. This is a build-to-suit opportunity, allowing qualified tenants to tailor the space to their specific operational needs. Contact us today to discuss your build-out plans.

• Alternative Use

  Use

  Valuation

  Residential

  $67,998,256

  Hospitality

  $62,286,036

  Educational

  $51,821,248

  Medical

  $53,603,460

  Retail

  $80,610,832

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.7047

Longitude

-73.8797

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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