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    Property profile & analytics
    OFF-MARKET Estimated value $2,080,000
    Warehouses

    14 Commercial Ave, Colonie, NY 12205-5704

    43,448 SF 2.1 ac lot Built 1960
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US63-3813153
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1960
    Total area 43,448 SF
    Lot 2.1 ac (91,476 SF)
    Zoning code 15
    APN 012689 53.5-4-21
    UPID US63-3813153
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · 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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.01M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.93M
    Blend (final) Blend
    $2.08M
    Owner & transaction history
    14 Commercial LLC · 5 yrs held
    14 Commercial LLC
    since 2020
    Last sale
    $2.3M
    4 recorded transactions
    2020
    $2.3M
    2020
    2019
    2015
    $2.3M
    Zoning & alternative use
    15 · Colonie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $3.4M +53.7%
    Office building $3.1M +40.8%
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