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    Property profile & analytics
    FOR SALE
    Commercial land

    14 Computer Dr East, Colonie, NY 12205

    0.04 ac lot
    Entity Owned 9-yr Hold Free & Clear
    Property ID
    US63-2678947
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully leased, 15,315 square foot Class B office building situated at 14 Computer Drive East in Albany, New York, 12205. The property, a two-story structure built in 1972, boasts 100% occupancy with a mix of local and national tenants, many of whom have long-term leases. The building is conveniently located directly off the Wolf Road corridor, within a multi-building office park, and benefits from its proximity to the vibrant Wolf Road Business District, which includes shopping centers, hotels, conference centers, and a variety of restaurants and retail establishments. The 0.89-acre site offers ample parking for approximately 60 vehicles. A passenger elevator serves both floors. The property includes cross easements with 19 and 21 Aviation Road, and is offered for sale as a stand-alone asset or as part of a larger portfolio. Financial details are available upon request. The gross lease structure simplifies management. This is a rare opportunity to acquire a stable, high-occupancy commercial property in a prime Albany location.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.04 ac (1,742 SF)
    Zoning code 12
    APN 012689 42.1-1-16
    UPID US63-2678947
    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
    • BioFit Personal Training Gym & Fitness Center
    • CADimensions, Inc. Electronics & Wireless Store
    • EMSI Medical Examiner Business Related
    • US Army Health Care Recruiting Military Base
    • Hunger Solutions New York Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    TOM BROWNLIE REALTY, LLC
    TOM BROWNLIE REALTY, LLC
    Zoning & alternative use
    12 · Colonie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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