Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10 Industrial Pkwy Troy, NY 12180-5942
    Back to Search
    Property profile & analytics

    10 Industrial Pkwy Troy, NY 12180-5942

    View on Map
    • Truck terminals
    • 33,543 SF
    • 7.00 lot acres
    Off-Market
    Property ID
    US63-2853840
    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

    • R+L Carriers / Shipping Company / Freight Service
    • New Penn / Trucking Company

    Property Details for 10 Industrial Pkwy

    Year built
    2010
    Lot size
    7.00 lot acres
    Property size
    33,543 SF
    Zone code
    WCD
    Property type
    Truck terminals
    APN
    381700 111.51-1-1
    APU
    3817001115111

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.6999
    Latitude
    42.7127
    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
    $340,000
    $2,510,000
    $2,850,000
    -
    $485,711
    $3,585,689
    $4,071,400

    Comparable in this City

    • Value Estimation
      $705,000
      8,627 SF

      2112-2124 Ny 7th 7

      TRUCK TERMINAL (MOTOR FREIGHT) • 8,627 SF
      2112-2124 Ny 7th 7, Troy, NY 12180
      View Details
    • Value Estimation by Request
      25,500 SF

      40-42 Brick Church Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 25,500 SF
      40-42 Brick Church Rd, Troy, NY 12180
      View Details
    • Value Estimation
      $640,000
      13,950 SF

      245 1st St

      TRUCK TERMINAL (MOTOR FREIGHT) • 13,950 SF
      245 1st St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      22,200 SF

      831-835 Hoosick Rd

      DISTRIBUTION WAREHOUSE • 22,200 SF
      831-835 Hoosick Rd, Troy, NY 12180
      View Details
    • Value Estimation by Request
      6,695 SF

      76 Congress St

      Distribution properties • 6,695 SF
      76 Congress St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      9,927 SF

      12 Industrial Park Rd

      INDUSTRIAL (GENERAL) • 9,927 SF
      12 Industrial Park Rd, Troy, NY 12180-6197
      View Details

    Similar Nearby for Sale

    • $999,999
      41,174 SF

      Troy Warehouse with Mixed-Use Potential

      Warehouse with apartments, retail spaces, and parking in Troy.
      474-484 4Th St, Troy, NY 12180
      View Details
    • $1,800,000
      17,100 SF

      Rare Clear Span Warehouse Space

      Warehouse space on railroad tracks spanning one city block.
      7 Madison St, Troy, NY 12180
      View Details
    • $489,900
      2,768 SF

      Modernized Mixed-Use Commercial Opportunity

      Unique, modernized mixed-use property with two buildings and flexible usage.
      1011-1015 Hoosick Rd, Troy, NY 12180
      View Details
    • Contact for pricing

      Manufacturing Space Near Waterfront Development

      Flexible manufacturing space with mezzanine and courtyard near upcoming development.
      36 River St, Troy, NY 12180
      View Details
    • Contact for pricing

      Versatile Property with Multiple Buildings

      18 acres with office and warehouse space near Albany.
      150 Brick Church Rd, Troy, NY 12180
      View Details
    • $549,000
      19,000 SF

      Troy Warehouse with Office Space

      19,000 SF warehouse with office space for sale.
      351-361 2Nd St, Troy, NY 12180
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      54,731 SF

      Downtown Troy Commercial Space Rental

      Versatile commercial space in downtown Troy, ideal for various uses.
      5 Broadway, Troy, NY 12180
      View Details
    • $12 SF/Yr
      14,840 SF

      Office and Warehouse Space Available

      27,040 SF office and warehouse space for lease.
      79 102Nd St, Troy, NY 12180
      View Details
    • $2,700 /Mo

      Downtown Troy Retail/Restaurant Space

      Prime downtown Troy location suitable for retail or restaurant.
      74-76 Congress St, Troy, NY 12180
      View Details
    • $3,200 /Mo
      16,280 SF

      Versatile Space with Ample Parking

      Adaptable 3200SF space suitable for various business types.
      2113 State Highway 7, Troy, NY 12180
      View Details
    • $1,749 /Mo
      114,198 SF

      Historic Downtown Office Space Available

      Third-floor office space with period features and high ceilings.
      2 3Rd St, Troy, NY 12180
      View Details
    • $1,750 /Mo
      8,066 SF

      Retail Space with Open Layout

      Retail space featuring an open layout and central air.
      105 Congress St, Troy, NY 12180
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10 Industrial Pkwy
    Troy, NY 12180-5942
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10 Industrial Pkwy, Troy, NY, 12180
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!