For Sale
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Property summary
This exceptional ±34,197 square foot Class A office and warehouse building is offered for sale at $3,750,000. Located within the prestigious RPI Tech Park in Troy, New York (12180), this multi-tenant property sits on a 3.26-acre parcel with a land lease extending to May 2083 (pre-paid). The building boasts approximately 17,190 square feet of office space and 11,149 square feet of warehouse space, currently 100% occupied with a lease extending to November 30, 2033, offering significant long-term income potential. Features include three loading docks, an 18-foot ceiling height in the warehouse area, and approximately 78 parking spaces. The warehouse features an 8-inch reinforced concrete slab and robust electrical service (1600 amps, 480 volts, 3-phase). The property is zoned for technology park use and offers beautiful views and a full backup generator. There is potential to convert additional square footage back to warehouse space in the future. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable technology park setting. The property's location in Rensselaer County, NY, provides excellent access to major transportation routes and a skilled workforce. The building's strong tenant occupancy and long-term lease provide a stable investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Factory Production Facility
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Theater & Performing Art Venue Training Center
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Real Estate Agency
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Troy market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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