Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3098 Guilderland Ave Schenectady, NY 12306-3655
    Back to Search
    Property profile & analytics

    3098 Guilderland Ave, Schenectady, NY 12306-3655

    View on Map
    • Drive through restaurants
    • 2,064 SF
    • 0.25 lot acres
    Off-Market
    Property ID
    US63-6271516
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Girgenti’s Cafe & More / Restaurant
    • Agnes Eats / Restaurant

    Property Details for 3098 Guilderland Ave

    Year built
    1960
    Lot size
    0.25 lot acres
    Zone code
    B-1
    Property type
    Drive through restaurants
    APN
    422800 58.12-5-5.1
    APU
    4228005812551

    Description

    This exceptional commercial property at 3098 Guilderland Avenue in Rotterdam, New York, presents a unique investment opportunity. Priced at $299,000, this 2,064 square foot retail space sits on a desirable 5,663 square foot corner lot, offering excellent visibility and ample parking. The property's location in the heart of Rotterdam ensures high traffic and exposure to a substantial customer base. Ideal for a restaurant or similar business, this property is ready for immediate occupancy. The building's size and layout provide flexibility for various commercial uses. The property is zoned for commercial use within Schenectady County, New York, zip code 12306. Its prime location and substantial lot size make it an attractive option for entrepreneurs and established businesses alike. This is a rare opportunity to acquire a well-situated commercial property in a thriving area. The property's features make it an excellent choice for those seeking a high-traffic location with ample parking and visibility. Don't miss this chance to secure a prime commercial space in a bustling community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9719
    Latitude
    42.7789
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $34,800
    $190,200
    $225,000
    -
    $45,797
    $250,303
    $296,100

    Comparable in this City

    • Value Estimation
      $700,000
      5,080 SF

      504 Curry Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      504 Curry Rd, Schenectady, NY 12306
      View Details
    • Value Estimation by Request
      1,904 SF

      3045 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD
      3045 Broadway, Schenectady, NY 12306-2131
      View Details
    • Value Estimation by Request
      2,800 SF

      1001 Curry Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1001 Curry Rd, Schenectady, NY 12306-3703
      View Details
    • Value Estimation by Request
      2,135 SF

      135 Campbell Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      135 Campbell Rd, Rotterdam, NY 12306-6801
      View Details
    • Value Estimation by Request
      1,770 SF

      1900 Curry Rd

      DRIVE-THRU RESTAURANT, FAST FOOD
      1900 Curry Rd, Schenectady, NY 12306-4208
      View Details
    • Value Estimation by Request
      2,732 SF

      1420 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD
      1420 Broadway, Schenectady, NY 12306-5030
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,837 SF

      Mixed-Use Commercial Property For Sale

      High-traffic location with diversified income potential in a growing corridor.
      671 Mariaville Rd, Rotterdam, NY 12306
      View Details
    • Contact for pricing
      4,610 SF

      Established Restaurant/Catering Opportunity

      Thriving restaurant with two kitchens, dining area, and banquet room.
      126 Mariaville Rd, Rotterdam, NY 12306
      View Details
    • $1,600,000
      0.81 Acres

      Prime Rotterdam Retail Opportunity

      High-traffic retail space, 0.81 acres.
      671 Mariaville Rd, Rotterdam, NY 12306
      View Details
    • Contact for pricing
      13,225 SF

      Freestanding CVS Investment Property

      NNN leased CVS in Rotterdam, NY with 20 years remaining.
      2801 Guilderland Ave, Rotterdam, NY 12306
      View Details
    • New
      $325,000
      1,287 SF

      Turnkey Commercial Property in Rotterdam

      Highly visible commercial property suitable for various small business uses.
      2639 Guilderland Ave, Rotterdam, NY 12306
      View Details
    • Contact for pricing
      18,000 SF

      Service-Oriented Strip Plaza For Sale

      Class A retail space with strong leasing history and high visibility.
      90 West Campbell Rd, Schenectady, NY 12306
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      9,020 SF

      Retail Space Ready for Design

      5,000 square feet of retail space available for rent.
      647 Mariaville Rd, Rotterdam, NY 12306
      View Details
    • $2.00 SF/Yr
      3,360 SF

      Retail Space on Curry Road

      Meticulously maintained commercial building with high visibility and ample parking.
      1225 Curry Rd, Rotterdam, NY 12306
      View Details
    • Contact for pricing
      3,360 SF

      Retail Space on Curry Road

      Meticulously maintained retail space with high visibility and full basement.
      1225 Curry Rd, Rotterdam, NY 12306
      View Details
    • $6,000 /Mo
      8,920 SF

      Versatile Mixed-Use Commercial Space

      7,000 sqft Rotterdam commercial space suitable for office or retail.
      2603 Guilderland Ave, Rotterdam, NY 12306
      View Details
    • $6,000 /Mo
      8,920 SF

      Versatile Mixed-Use Commercial Space

      7,000 sqft commercial space suitable for office or retail.
      2603 Guilderland Ave, Rotterdam, NY 12306
      View Details
    • $2,850 /Mo

      Broadway Retail Space For Rent

      Retail space on Broadway with ample parking and storage.
      1471 Broadway, Schenectady, NY 12306
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3098 Guilderland Ave
    Schenectady, NY 12306-3655
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3098 Guilderland Ave, Schenectady, NY, 12306
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!