12 Petra LnAlbany, NY 12205

Property Details for 12 Petra Ln

Year built

1994

Lot size

3.33 AC

Property size (Sq ft)

31,000 SF

Zone code

48

Property type

Industrial properties

Property subtype

Other warehouses

APN

012601 41.11-3-2.12

APU

1260141113212

Description

This exceptional 5,300 square foot executive office space is situated in a Class B building at 12 Petra Ln, Albany, NY 12205, within Albany County. The entire building comprises 31,000 square feet and is currently configured as a single suite, offering a unique opportunity for a single tenant to occupy the entire vacant space. Built in 1994, the property boasts a highly desirable location, just off Central Avenue in the Village of Colonie, offering convenient access to a wide range of amenities and services. Its strategic proximity to Exit 2 of I-87 provides unparalleled connectivity to major transportation arteries, making it an ideal location for businesses requiring easy access to regional and national transportation networks. The property's location is particularly well-suited for distributors, service-type businesses, and healthcare industries. The available space presents a blank canvas for customization, allowing businesses to design their ideal workspace to meet their specific operational needs. This is a rare opportunity to secure a significant amount of office space in a highly sought-after location. The property is available for multiple tenants.

• Alternative Use

  Use

  Valuation

  Residential

  $8,814,546

  Hospitality

  $8,074,077

  Educational

  $6,717,538

  Medical

  $6,948,564

  Retail

  $10,449,502

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.7122

Longitude

-73.8448

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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