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    Property profile & analytics

    130 Railroad Ave Colonie, NY 12205-5701

    • Warehouses
    • 34,640 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 31, 2024
    $1,475,000
    Location Intelligence
    Property ID
    US63-2332959
    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.

    Current Use by Public Records

    • VP Supply Corp / Kitchen Supply Store / Lighting Store
    • Innovations by VP / Kitchen Supply Store / Bathroom Supply Store

    Property Details for 130 Railroad Ave

    Year built
    1949
    Lot size
    1.70 lot acres
    Property size
    34,640 SF
    Zone code
    15
    Property type
    Warehouses
    APN
    012689 41.20-1-3
    APU
    12689412013

    Description

    This exceptional industrial property, located at 130 Railroad Ave in Albany, NY, presents a compelling investment opportunity. The 40,368 square foot building, constructed in 1949 with multiple renovations, sits on a 1.7-acre lot and is zoned for industrial use. The single-story structure boasts a ceiling height ranging from 12 to 16 feet, providing ample vertical space. The property features six loading docks, including four dock-high doors, ensuring efficient material handling. Currently occupied under a short-term sale leaseback agreement expiring Spring 2025, this property offers flexibility for future users. The existing configuration allows for potential redevelopment or value-add improvements. A portion of the outbuildings could be demolished to create additional outdoor storage or parking areas, enhancing the property's functionality and appeal. Its prime location within Albany's Railroad Ave industrial corridor makes this a highly desirable asset. The asking price is $1,500,000, translating to $37.16 per square foot. This presents a unique chance to acquire a well-situated industrial property with significant upside potential. The property's multiple loading options further enhance its operational efficiency and attractiveness to a wide range of potential tenants.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.8296
    Latitude
    42.7038
    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
    $127,500
    $958,500
    $1,086,000
    -
    $249,999
    $1,879,401
    $2,129,400

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    130 Railroad Ave
    Colonie, NY 12205-5701
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    Realmo Value Estimation

    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.

    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.

    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
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