267 Wolf RdColonie, NY 12205

Property Details for 267 Wolf Rd

Year built

1953

Lot size

0.80 AC

Property size (Sq ft)

2,169 SF

Zone code

17

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

012689 30.-4-23

APU

1268930423

Description

This exceptional commercial property located at 267 Wolf Road in Colonie, New York, presents a unique investment opportunity. Situated on a sizable 0.8-acre lot, the property offers significant potential for redevelopment or renovation. The existing structure is an office building, though precise square footage is currently unavailable. The property's location in Colonie provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The substantial lot size allows for ample parking and potential expansion, making it an attractive prospect for businesses seeking to establish a strong presence in the area. Given the absence of a listed price, serious inquiries are encouraged to discuss potential offers. This property is being offered as-is, and interested parties are responsible for conducting their own due diligence. The strategic location and generous land area make this a compelling opportunity for investors and developers alike. Don't miss the chance to acquire this prime Colonie commercial property. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $668,128

  6.5%

  $616,734

  7%

  $572,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $442,225

  Geo Method

  $439,272

• Alternative Use

  Use

  Valuation

  Residential

  $616,734

  Hospitality

  $564,925

  Educational

  $470,011

  Medical

  $486,175

  Retail

  $731,128

Location Insight

City

Albany

County

Albany

State

New York

Latitude

42.7304

Longitude

-73.7933

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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