3 Kraft Ave, Albany, NY 12205-5419
This exceptional 0.45-acre commercial lot, located at 3 Kraft Ave Unit 3 in Colonie, NY, presents a unique investment opportunity. Priced at $875,000, this property offers significant potential for various commercial ventures. The expansive 0.45-acre parcel provides ample space for new construction or redevelopment, catering to a wide range of business needs. Its strategic location within Colonie ensures excellent visibility and accessibility, benefiting from established infrastructure and convenient access to major transportation routes. The property's zoning regulations should be independently verified to determine permissible uses. This is a blank canvas for a discerning investor or developer seeking to establish a strong presence in a thriving commercial area. The absence of existing structures allows for complete design flexibility, maximizing the potential return on investment. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable commercial property in a prime Colonie location.
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Buggy Bubble Bath Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
13 · Albany, NYAlbany. Always verify with local authorities before improvements.
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.