1 Tibbits Ave, Troy, NY 12183
For Lease
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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.
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Veterans Memorial Stadium Sports Field & Court Sports School
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Ross Precision Manufacturing Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Troy, NYTroy. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.