Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    227 Shaker Runwvlt Colonie, NY 12205-2453

    • Commercial land
    • 16.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3445537
    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

    • Commercial land

    Property Details for 227 Shaker Runwvlt

    Lot size
    16.90 lot acres
    Zone code
    15
    Property type
    Commercial land
    APN
    012689 32.3-1-41
    APU
    12689323141

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.7196
    Latitude
    42.7246
    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
    $115,000
    $0.00
    $115,000
    -
    $225,500
    $0.00
    $225,500

    Comparable in this City

    • Value Estimation by Request
      0.52 Acres

      98 Albany Dr

      VACANT COMMERCIAL LAND • 0.52 Acres
      98 Albany Dr, Albany, NY 12205-1416
      View Details
    • Value Estimation by Request
      0.02 Acres

      11 Computer W Dr

      VACANT COMMERCIAL LAND • 0.02 Acres
      11 Computer W Dr, Albany, NY 12205-1677
      View Details
    • Value Estimation by Request
      0.08 Acres

      2 Corning St

      VACANT COMMERCIAL LAND • 0.08 Acres
      2 Corning St, Albany, NY 12205-3302
      View Details
    • Value Estimation by Request
      0.11 Acres

      4 Culver Ave

      VACANT COMMERCIAL LAND • 0.11 Acres
      4 Culver Ave, Albany, NY 12205-4112
      View Details
    • Value Estimation by Request
      0.16 Acres

      12 Culver Ave

      VACANT COMMERCIAL LAND • 0.16 Acres
      12 Culver Ave, Albany, NY 12205-4112
      View Details
    • Value Estimation by Request
      0.86 Acres

      Wvlt Shaker Rd

      VACANT COMMERCIAL LAND • 0.86 Acres
      Wvlt Shaker Rd, Albany, NY 12205
      View Details

    Similar Nearby for Sale

    • $2,100,000
      10,000 SF

      Central Avenue Development Opportunity

      1.96 acres of land for development on Central Avenue.
      1623-1627 Central Ave, Colonie, NY 12205
      View Details
    • $1,100,000
      1.53 Acres

      Commercial Property with Income Potential

      Four parcels with rentals and auto repair zoning in Colonie.
      2 Undine St, Colonie, NY 12205
      View Details
    • $295,000

      Vacant Commercial Lot on Central

      Vacant commercial lot with high visibility on Central Avenue.
      1169 Central Ave, Albany, NY 12205
      View Details
    • $1,450,000
      0.66 Acres

      1735 Central Avenue

      Land • 12,000 SF
      1735 Central Ave, Albany, NY 12205
      View Details
    • $1,422,000
      57.00 Acres

      Albany Industrial Land - 57 Acres

      Prime Albany location, 57 acres, development potential.
      100 Broderick St, Albany, NY 12205
      View Details
    • $1,200,000
      15,315 SF

      Albany Office Building: 15,315 SF

      Fully leased Class B office building in Albany, NY. Excellent investment opportunity.
      14 Computer Dr, Albany, NY 12205
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      6,500 SF

      Land for Rent

      Commercial land available for rent with highway access.
      244 Wolf Rd, Colonie, NY 12205
      View Details
    • $2,827,000

      Prime Corner Land for Lease

      8.1 acres on a prime corner with high visibility.
      365 Washington Avenue Ext, Albany, NY 12205
      View Details
    • Contact for pricing

      Prime Land for Lease/Sale

      Up to 12.7 acres available in retail epicenter.
      205 Wolf Rd, Albany, NY 12205
      View Details
    • Contact for pricing

      Prime Pad Sites on Wolf

      Pad sites available in high-traffic commercial area on Wolf Road.
      206 Wolf Rd, Albany, NY 12205
      View Details
    • $6 SF/Yr
      43,829 SF

      Colonie Warehouse Space Available

      ±32,119 SF Industrial Space for Lease
      14 Commercial Ave, Albany, NY 12205
      View Details
    • Contact for pricing
      24,007 SF

      Central Ave Retail Center

      Colonie, NY Shopping Center Space Available
      1839 Central Ave, Colonie, NY 12205
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    227 Shaker Runwvlt
    Colonie, NY 12205-2453
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.