Property profile

145 Wolf Rd Albany, NY 12205

FOR LEASE
Strip malls
Property ID
US63-2310509
14,000 SF 8.4 ac lot Built 1980
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This community retail center is located at 145 Wolf Rd in Albany, New York, and is positioned near the neighborhoods of Loudonville, Colonie, Latham, and Albany with convenient access to Interstate 90 and Interstate 87. The center is configured for retail use with a mix of national and regional tenants. A currently designated unit is described as 3,117 square feet. The site has been planned for exterior and site upgrades, including reimagined building facades and improvements to landscaping, lighting, painting, and hardscaping. The center is within walking distance of approximately 400 apartments, about 100,000 square feet of office space, and a 72,000 square foot community fitness center with more than 7,000 members.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Total area 14,000 SF
Lot 8.4 ac (365,904 SF)
Zoning code 12
APN 012689 42.2-6-1.2-2
UPID US63-2310509

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
  • Cafe & Coffee Shop
  • Shopping Center & Mall
  • Medical Clinic Skin Care Clinic
  • Crisis Center Medical Clinic
  • College

Location

145 Wolf Rd Albany, NY 12205
Albany metro Census 13708 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

12 · Albany, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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