Entity Owned 
For Lease
1 / 3
$18.50 SF/Yr
11 Century Hill Dr, Latham, NY 12110
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Property summary
AI-generated overview
This exceptional Class A office space, located at 11 Century Hill Drive in Latham, NY 12110, offers a unique leasing opportunity. Situated within the Century Hill Office Park, this property boasts a total of 23,364 square feet across a two-story building constructed in 1990 and extensively renovated in 2019. The building is zoned CO: Commercial Office (APN: 9.4-1-8.34) and currently features multiple tenants. This listing presents a contiguous space ranging from 1,792 to 2,530 square feet, ideal for a variety of businesses. The available space is located on the second floor. The building itself comprises a single structure with a total of one suite. Currently, 4,322 square feet of space is vacant. This presents a chance to secure a well-maintained, modern office space in a desirable Latham location. The property's convenient location and ample square footage make it an attractive option for businesses seeking a professional and efficient workspace. The building's recent renovation ensures modern amenities and a comfortable environment for employees. This is a rare opportunity to lease high-quality office space in a thriving commercial area. Interested parties should inquire promptly to secure this exceptional space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
23,364 SF
Lot
1.5 ac (65,340 SF)
Zoning code
14
APN
012689 9.4-1-8.34
UPID
US63-1963392
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Financial Advisor
-
Physician
-
Dental Office
-
Engineering Consultant
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$408k
Blend (final)
Blend
$670k
Owner & transaction history
since 2018
5 recorded transactions
Zoning & alternative use
14 · Latham, NY
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$670k
Value range
$603k – $737k
±10% around blend
Estimated value / SF
$29 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$603k
blend $670k
$737k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,364 SF
Lot area
1.5 ac
Year built
1989
Stories
2
APN
012689 9.4-1-8.34
Zoning
14
Assessed value
$1,415,538
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$408k
Range $300k – $805k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$670k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 48 sales
$64
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $29/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$558k
Move the market yield to see immediate price impact.
Value / SF
$24
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$35k
$703k
$502k
$391k
$39k
$781k
$558k
$434k
$43k
$860k
$614k
$478k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Property tax & assessments
Assessed value
$1,415,538
Assessed 2023
Previous assessed
$1,415,538
+0.0% YoY
Assessed land
$150,000
Assessed improvement
$1,265,538
Land market value
$294,121
Improvement market value
$2,481,479
Total market value
$2,775,600
Applied tax rate
12,605.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1989
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
2
Total area
23,364 SF
Lot
1.5 ac (65,340 SF)
Zoning code
14
APN
012689 9.4-1-8.34
UPID
US63-1963392
Jurisdiction
ALBANY
Zoning & alternative use
14 · Latham, NYZoning 14 · permitted uses
14 · Latham, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
1.5 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
14
Jurisdiction
Latham, NY
Recorded code
14
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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