200 Northern Dr Troy, NY 12182
- Investment properties
- 3,024 SF
- 0.78 lot acres
Current Use by Public Records
- Barbara Lahey, FNP-C / Nurse Practitioner
- John O'bryan / Medical Clinic / Family Practice Physician
- Russell Wenacur, MD / Family Practice Physician
Property Details for 200 Northern Dr
- Year built
- 1980
- Lot size
- 0.78 lot acres
- Property size
- 3,024 SF
- Zone code
- B1
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 381700 80.28-4-1.1
- APU
- 3817008028411
Description
This exceptional 3,024 square foot office building, located at 200 Northern Drive in Troy, New York, presents a unique investment opportunity. Built in 1980, the single-story structure sits on a 0.78-acre lot and is zoned B1, offering versatility for a range of uses. Currently vacant, this property is ready for immediate occupancy and boasts a highly desirable location within a thriving community. The asking price is $389,900, translating to $128.94 per square foot. The building's adaptable design makes it suitable for various office configurations, including creative, medical, or traditional office spaces. Ample parking is available, ensuring convenient access for staff and clients. The property's excellent condition and convenient location make it an attractive option for businesses seeking a well-maintained and easily accessible space. The property's APN is 80.28-4-1.1. This turnkey solution offers immediate potential for growth and profitability in a desirable market. The property's single-story design and ample parking are key features that enhance its appeal. The location in Rensselaer County, New York, with a zip code of 12182, provides easy access to local amenities and transportation routes. This is an excellent opportunity to acquire a well-maintained and versatile office building in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $200,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $233,000
- AI Estimate
- $268,000
Market price range: $85.3k - $234kMarket price range: $78.8k - $269k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $160,000 Current use
- AUTO REPAIR, GARAGE
- $250,000 Change: +60% Conversion: Difficult
- OFFICE BUILDING
- $165,000 Change: +4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6531
- Latitude
- 42.7846
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA