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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Grocery and convenience stores
1730 Central Ave Albany, NY 12205-4701
Entity Owned
8-yr Hold
Free & Clear
Property ID
US63-3469756
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2013
Total area
79,544 SF
Lot
9.28 ac (404,237 SF)
Zoning code
45
APN
012601 29.19-2-43.1
UPID
US63-3469756
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
-
higi Physician
-
TNT Fireworks Discount Store Party Supply Store
-
ShopRite of Colonie Grocery & Convenience Store Food Market
-
Market 32 Specialty Food Shop Supermarket
-
B B L Construction Services LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Srs Colonie LLC · 8 yrs held
Srs Colonie LLC
since 2017
4 recorded transactions
Zoning & alternative use
45 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$6,350,000
Assessed 2023
Previous assessed
$6,350,000
+0.0% YoY
Assessed land
$2,784,000
Assessed improvement
$3,566,000
Land market value
$5,458,832
Improvement market value
$6,992,168
Total market value
$12,451,000
Applied tax rate
12,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
79,544 SF
Lot
9.28 ac (404,237 SF)
Zoning code
45
APN
012601 29.19-2-43.1
UPID
US63-3469756
Jurisdiction
ALBANY
Zoning & alternative use
45 · Albany, NY
Zoning 45 · permitted uses
45 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
9.28 ac
Current owner
From public records · entity-resolved
Srs Colonie LLC
Entity
Free & Clear · 8 yrs held
Mailing address
255 WASHINGTON AVE EXT, ALBANY, NY 12205-5548
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2017
—
Srs Colonie LLC
Srs Colonie LLC
Quit Claim Deed
related
—
Jul 31, 2012
$5,835,000
Srs Colonie LLC
Weo II LLC
Grant Deed
—
Jul 31, 2012
—
Srs Colonie LLC
—
Grant Deed
related
$11,111,000 · Berkshire Bank
—
—
Srs Colonie LLC
—
Deed Of Trust
related
$950,000 · Liberty Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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