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Property profile & analytics
FOR SALE
Distribution centers

178 Columbia Tpke Rensselaer, NY 12144

1,480 SF 0.15 ac lot Built 1960
Individually Owned 3-yr Hold Free & Clear
Property ID
US63-2068417
Property summary
AI-generated overview

This 0.15-acre commercial lot at 178 Columbia Turnpike in Rensselaer, NY, presents a significant opportunity for entrepreneurs. The property, built in 1960, boasts a total of 1,480 square feet, including 758 square feet of completely remodeled office space, a 573-square-foot two-bay garage, and a 331-square-foot storage room. The lot size is 6,534 square feet, providing ample space for operations and parking. Six parking spaces are available on-site. The property features vinyl siding, block exterior, public sewer, and public water. Its location on Columbia Turnpike offers high visibility and accessibility, with an average daily traffic count of 17,051. This versatile property is well-suited for a variety of businesses, including service garages, used car lots, auto detailing shops, or small contractors needing space for vehicles and equipment. The asking price is $300,000. Columbia High School is nearby. This is a rare opportunity to acquire a well-maintained commercial property in a high-traffic area.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1960
Total area 1,480 SF
Lot 0.15 ac (6,534 SF)
Zoning code B-2
APN 382400 155.13-21-15
UPID US63-2068417
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
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Owner & transaction history
Mohammad Sajid · 3 yrs held
Mohammad Sajid
since 2022
Last sale
$132,500
1 recorded transaction
2022
$132,500
Zoning & alternative use
B-2 · Rensselaer, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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