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Financial
Distress signals
Property profile

2 Lear Jet Ln Latham, NY 12110

FOR LEASE
Commercial land
Property ID
US63-3647236
10.06 ac lot
Last sale May 2016 · $12,134,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
2 Lear Jet Ln, Latham, NY 12110 For Lease
$14 SF/Yr 54,000 SF available
2 Lear Jet Ln, Latham, NY 12110
View Listing

Property summary

AI-generated overview

This exceptional new industrial property in Latham, NY, offers 54,000 square feet of flexible space across three single-story buildings. Located at 2 Lear Jet Ln, this 10-acre site provides convenient access to I-87 and Route 7, placing businesses near major transportation arteries and a variety of retail and dining options. The property boasts energy-efficient design, including LED lighting and modern HVAC systems. Units range from 3,000 to 12,000 contiguous square feet, ideal for a variety…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$320k
Assessed land$320k

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$220k
NOI build-up
Gross scheduled income$810k
Vacancy & credit loss−$41k
Operating expenses−$269k
NOI · 3,572,678.57% cap applied$500k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$75/SF
County average, outlier-cleaned · 154 recorded sales of this use type
Observed band · Q1–Q3$41 – $108

Cap rate analysis

How does the asset earn?
3,572,678.57%
$500k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
12
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
HVAC Service11.6
Auto Parts Store11.1

Location

2 Lear Jet Ln Latham, NY 12110
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Kunker, Latham, NY 12110-3825 $112,500 May 2022 No data
15 Greenbush, Latham, NY 12110 $27,600 Jan 2022 No data
15 Rensselaer, Latham, NY 12110-2702 $200,000 Feb 2019 No data
50 Avis, Latham, NY 12110 $11,000 Dec 2018 No data
15 Northway, Latham, NY 12110-4810 $675,000 Dec 2018 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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