Property summary
This exceptional commercial land parcel, located at 226 N Allen Street in Albany County, presents a unique build-to-suit opportunity. The property is designated as Special Purpose land with a single-tenant occupancy. Currently undeveloped, this raw space offers unparalleled flexibility for a variety of commercial uses, ideal for a small office or retail establishment. The asking price is a competitive $13.50 per square foot, based on a gross lease structure with utilities paid separately by the tenant. This attractive pricing makes it an excellent investment for businesses seeking a customizable space to meet their specific needs. The property benefits from its strategic location within a thriving area, offering convenient access to a range of amenities, and surrounded by a mix of residential and commercial properties, ensuring high visibility and foot traffic potential. The single-suite building allows for a streamlined and efficient development process, minimizing complexities and maximizing return on investment. This is a rare chance to acquire a prime piece of commercial real estate in a desirable location, ready for immediate development. Don't miss this opportunity to create your ideal commercial space in a vibrant and growing community. Contact us today to learn more and schedule a site visit.
Property profile
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Discount Store
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
C1 · 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 C1 in Albany, NY.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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