Property profile

300 Jordan Rd Troy, NY 12180

FOR SALE
Manufacturing properties
Property ID
US63-3474100
3.26 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Factory Production Facility
  • Theater & Performing Art Venue Training Center
  • Real Estate Agency
  • Construction Company General Contractor

Location

300 Jordan Rd Troy, NY 12180
Troy metro Census 52301 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2024
1 recorded transaction
2024
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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