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Property profile & analytics

1975 Central Ave Albany, NY 12205-4501

  • Turn key restaurants
  • 4,380 SF
  • 0.85 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US63-2584357
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Farmer Boy Diner & Restaurant / American Restaurant / Diner

Property Details for 1975 Central Ave

Year built
1990
Lot size
0.85 lot acres
Property size
4,380 SF
Zone code
12
Property type
Turn key restaurants
APN
012689 29.6-1-2
APU
1268929612

Description

This exceptional 0.85-acre commercial lot presents a unique investment opportunity in the thriving Colonie, NY market. Situated at 1975 Central Avenue, this property boasts a highly visible location with excellent access to major roadways and a substantial daily traffic count, ensuring maximum exposure for any future development. The expansive lot size offers considerable flexibility for a variety of commercial projects, from retail spaces and restaurants to office buildings or light industrial uses. The property's zoning designation allows for a range of possibilities, making it an attractive prospect for both established businesses seeking expansion and entrepreneurs looking to build from the ground up. Its strategic location within Colonie provides easy access to a diverse and growing population base, offering a strong potential customer pool. The asking price of $1,275,000 reflects the significant value and development potential inherent in this prime commercial land parcel. Serious inquiries are encouraged to explore the possibilities and secure this exceptional opportunity to establish a thriving business in a highly desirable location. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a piece of Colonie's vibrant commercial landscape.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.8605
Latitude
42.7425
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$130,000
$470,000
$600,000
-
$254,908
$921,592
$1,176,500
More about this property
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