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100 Broderick St Sta A Albany, NY 12205-4806

OFF-MARKET Commercial land Google Maps
6.2 ac lot
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US63-2356282

Property summary

AI-generated overview

This exceptional 57-acre development opportunity is situated in a prime Albany location, offering unparalleled access to major transportation arteries and industrial hubs. Neighboring the prominent Colonie Industrial Park and just blocks from Central Avenue, this site boasts convenient access to the region's busiest highways. It's a mere two miles from the intersection of the New York State Thruway and Interstate 87, and only three miles from Albany International Airport. The property comprises four parcels; three are located within the Village of Colonie and zoned Conservational Residential/Industrial, while one parcel in the Town of Colonie is zoned Industrial. The total acreage is approximately 57 acres, with 14.22 acres considered non-protected. A small, vacant single-family home situated on one parcel is excluded from this sale but may be available for separate negotiation. Detailed survey and feasibility maps are available upon request. This unique offering presents a compelling investment prospect for developers seeking a strategically positioned site with significant potential for various commercial and industrial uses. The address is 96 & 100 Broderick Street, Albany, NY 12205.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.2 ac (270,072 SF)
Zoning code 15
APN 012689 41.1-1-23
UPID US63-2356282

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Zoning & alternative use

15 · Albany, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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