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    OFF-MARKET
    Warehouses

    254 Madison St, Troy, NY 12180

    5,000 SF 0.12 ac lot Built 1920
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-1315113
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 0.12-acre lot at 254 Madison Street in Troy, New York, 12180. Priced at $205,000, the property offers approximately 5,000 square feet of warehouse/storage space within a brick building. The building features a largely clear-span interior, providing versatile space for various business needs. Convenient access is provided via an overhead door directly from Madison Street. The interior is described as clean and well-maintained, ready for immediate occupancy. Ample street parking is available for employees and clients. The property's location in Troy, NY offers easy access to major transportation routes and a thriving local business community. This is an ideal opportunity for businesses seeking affordable and functional space in a desirable location. The property is zoned for office use and presents a strong potential for return on investment. The building's solid construction and convenient features make it an attractive option for a wide range of businesses. This is a rare opportunity to acquire a well-maintained commercial property in a prime location at an attractive price point. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1920
    Total area 5,000 SF
    Lot 0.12 ac (5,227 SF)
    Zoning code R4
    APN 381700 111.28-7-11
    UPID US63-1315113
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kasta LLC · 1 yrs held
    Kasta LLC
    since 2024
    Last sale
    $145,000
    2 recorded transactions
    2024
    $145,000
    2018
    $48,010
    Zoning & alternative use
    R4 · Troy, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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