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    14 Commercial Ave Colonie, NY 12205-5704
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    Property profile & analytics

    14 Commercial Ave Colonie, NY 12205-5704


    • Warehouses
    • 43,448 SF
    • 2.10 lot acres
    Off-Market
    Last Sale Oct 2, 2020
    $2,300,000
    Property ID
    US63-3813153
    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
    $2,080,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Steam Plant and CHX Systems, Inc. / Power Plant Equipment Supplier / Electrical Engineer
    • Albany Medical Center - Purchasing Department / Hospital
    • ETO Planet / Power Plant Equipment Supplier
    • CHX Condensing Heat Exchanger / Industrial Manufacturer
    • Steam Plant and CHX Systems / Electronics & Wireless Store

    Property Details for 14 Commercial Ave

    Year built
    1960
    Lot size
    2.10 lot acres
    Property size
    43,448 SF
    Zone code
    15
    Property type
    Warehouses
    APN
    012689 53.5-4-21
    APU
    12689535421

    Description

    This ±43,829 square foot industrial warehouse in Colonie, NY, offers a ±32,119 square foot space currently available for lease. The single-story building features a ceiling height ranging from 16 to 20 feet, providing ample vertical space. Loading capabilities include one 14-foot overhead grade-level door, one 8x8-foot loading dock, and a three-spot loading dock canopy with levelor. The property also boasts an in-place racking system with shelving, ideal for storage and organization. Additional features include 25 total parking spaces, one drive-in door, and a robust power supply of 208 amp/800 volt/3-phase power. The building benefits from recent upgrades, including a new roof (2011), an updated warehouse heater, LED lighting, a wet sprinkler system, and a security and fire alarm system. Dual feed fiber and BIG ASS™ fans further enhance the property's functionality and efficiency. The property is zoned industrial and has an APN of 53.5-4-21. This well-maintained, clean space presents a significant opportunity for businesses seeking efficient and modern warehouse facilities. The available space includes approximately 29,819 square feet of warehouse space and 2,300 square feet of office space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,850,000
      ML approach
      $2,010,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,928,000
      Market price range: $1.27M - $3.09M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,215,000
      Current use
      COMMERCIAL (GENERAL)
      $3,405,000
      Change: +54% Conversion: Difficult
      OFFICE BUILDING
      $3,120,000
      Change: +41% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.823
    Latitude
    42.6972
    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
    $157,500
    $1,150,200
    $1,307,700
    -
    $308,821
    $2,255,279
    $2,564,100
    More about this property
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