Property summary
This exceptional investment opportunity presents a prime 14,262 square foot car dealership assemblage situated on a 4.51-acre lot at 1769 and 1767 Central Avenue in Colonie, New York. The property includes two buildings totaling 14,262 square feet, recently renovated in 2012. The main building offers approximately 13,222 square feet of space, complemented by a 1,040 square foot annex. The property boasts ample parking with 231 spaces, including an additional 88 spaces provided by a 0.90-acre parking easement at 1730 Central Avenue. This strategically located property benefits from high visibility on Central Avenue, a major thoroughfare with approximately 41,769 cars passing daily. Its convenient access to I-87 and Wolf Road, coupled with its proximity to other dealerships and a strong residential and commercial population, makes it an ideal location for automotive businesses. The property features six service bays with in-ground lifts, one alignment rack, and four EV charging stations (with capacity for expansion). Four roll-up doors enhance operational efficiency. The property is zoned Commercial A & Residential A (split zoning), offering flexibility for future development. The buildings are two stories, constructed in 1991. This is a vacant, owner-user investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Dealership
-
Car Dealership
-
Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
45 · Albany, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 45 in Albany, NY.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.