263 S Pearl St Albany, NY 12202
This exceptional commercial property, located at 263 S Pearl St Unit 263 in Albany, NY, presents a unique investment opportunity. Situated on a 0.06-acre lot, this "Other" property type offers significant potential for redevelopment or adaptive reuse. The asking price is $279,999. The property's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for a variety of commercial ventures. Its central Albany location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The property's versatility allows for creative development plans, catering to a wide range of commercial uses. Given the limited availability of commercial land in this desirable location, this property represents a rare chance to acquire a strategically positioned asset with considerable upside. Serious inquiries are encouraged to explore the possibilities this unique offering presents. Further details regarding zoning regulations and potential development options are readily available upon request. This is an exceptional opportunity to secure a prime piece of Albany real estate with significant long-term growth potential. Don't miss out on this chance to acquire a valuable commercial property in a thriving urban setting.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.