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    OFF-MARKET
    Commercial land

    158 Railroad Ave, Colonie, NY 12205-5769

    0.47 ac lot Built 1980
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-3179124
    Property summary
    AI-generated overview

    This ±5,530 square foot warehouse is available for lease at 158 Railroad Avenue in Albany, New York, zip code 12205. The property is situated in the Railroad Avenue Business District of Colonie, NY, and is classified as an industrial property with a single-tenant occupancy. The building offers ample space ideal for various warehouse operations. Its location provides convenient access to major transportation routes, enhancing logistical efficiency for businesses requiring easy access to distribution networks. The property's single-tenant configuration offers a streamlined operational environment, minimizing complexities associated with multi-tenant properties. This presents a unique opportunity for a business seeking a dedicated and spacious warehouse facility in a well-established commercial area. The building's size is well-suited for a range of businesses, from storage and distribution to light manufacturing or assembly. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this property for their specific operational needs. The property's precise location within the Railroad Avenue Business District offers potential advantages in terms of visibility and accessibility. This single-tenant warehouse presents a straightforward and efficient solution for businesses requiring a dedicated space for their operations. The property's size and location make it a compelling option for companies seeking to establish or expand their presence in the Albany, New York area.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1980
    Lot 0.47 ac (20,473 SF)
    Zoning code 15
    APN 012689 42.13-3-1.2
    UPID US63-3179124
    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
    • Dance Dimensions Training Center
    • Appliance Man Home Appliance Store Hardware & Home Improvement
    • Cocca's Appliances Home Appliance Store Hardware & Home Improvement
    • LL Flooring Carpet & Flooring Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    1222 Schodack LLC · 6 yrs held
    1222 Schodack LLC
    since 2020
    1 recorded transaction
    2020
    Zoning & alternative use
    15 · Colonie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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