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    1 Tibbits Ave Troy, NY 12183

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    1 Tibbits Ave Troy, NY 12183


    • Industrial properties
    • 44,800 SF
    • 6.44 lot acres
    Retail Space For Rent For Lease
    $1,035,000

    Retail Space For Rent

    Retail space available for rent.

    1 Tibbits Ave, Troy, NY 12183
    View Listing
    Property ID
    US63-2555982
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Veterans Memorial Stadium / Sports Field & Court / Sports School
    • Ross Precision Manufacturing / Industrial Manufacturer

    Property Details for 1 Tibbits Ave

    Year built
    1961
    Lot size
    6.44 lot acres
    Property size
    44,800 SF
    Zone code
    06 - INDUSTRIAL
    Property type
    Industrial properties
    APN
    012801 20.16-2-2.11
    APU
    1280120162211

    Description

    This exceptional two-acre commercial parcel presents a unique opportunity for retail development. Located at 1 Tibbits Avenue, this property boasts ±55.89 feet of frontage, offering significant highway visibility due to its proximity (±0.5 miles) to Exit 9W of I-787. The high traffic counts are a key advantage: 1,827 vehicles daily on Tibbits Avenue and a substantial 36,982 vehicles daily on I-787. This strategic location places the property in close proximity to major commercial and industrial establishments, including the Veterans Memorial Stadium, Honeywell, and Northeast Home Medical Equipment. The property is zoned for industrial use and identified by APN 29.3-1-21 (part of a larger parcel to be subdivided). The land is currently vacant, offering a blank canvas for a new retail development. With its excellent location, high visibility, and substantial traffic flow, this property represents a compelling investment opportunity for businesses seeking a prominent presence in a thriving area. The single-tenant zoning allows for focused development and streamlined operations. The two-acre lot size provides ample space for a variety of retail concepts. This is a rare opportunity to secure a prime retail location with exceptional visibility and access to a significant consumer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,375,000
      Current use
      RETAIL STORES
      $1,570,000
      Change: +14% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,330,000
      Change: -3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6964
    Latitude
    42.7501
    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
    $471,250
    $979,500
    $1,450,750
    -
    $604,167
    $1,255,769
    $1,859,936
    View Listing
    More about this property
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