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    FOR SALE
    Manufacturing properties

    300 Jordan Rd, Troy, NY 12180-8346

    3.26 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-3474100
    Property summary
    AI-generated overview

    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
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Lot 3.26 ac (142,006 SF)
    APN 383200 122.-1-4.91
    UPID US63-3474100
    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
    Current use
    Occupant on record · Public records
    • United Group of Companies Construction Company General Contractor
    • Raith America, Inc., International Applications Center Factory Production Facility
    • Jennifer Volpe Dance Co Theater & Performing Art Venue Training Center
    • IREM Capital Region! Real Estate Agency
    • United Development Corporation Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $635k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $635k
    Owner & transaction history
    300 Jordan Road LLC · 2 yrs held
    300 Jordan Road LLC
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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