Property profile

31 Old Route 146 Clifton Park, NY 12065

FOR LEASE
Showrooms
Property ID
US63-1999468
8,188 SF 1.26 ac lot Built 1969
Entity Owned 25-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Clifton Park retail property, located at 31 Old Route 146, offers 8,188 square feet of versatile space in a high-traffic location at the intersection of Route 9 and Old Route 146. Built in 1969 and extensively renovated in 2017, this single-tenant building features a two-story design with a convenient drive-in door, perfect for efficient loading and unloading. The spacious interior boasts a large open floor plan and impressive 14-foot ceilings, creating a bright and airy atmosphere ideal for a variety of retail uses, including showroom or restaurant applications. Ample parking is provided with approximately 21 spaces. The property sits on 1.26 acres of land and is zoned for commercial use, allowing for flexibility and potential expansion. Building signage is available, enhancing visibility and attracting customers. The property's convenient location and attractive features make it an excellent investment opportunity. Note that the current business operating within the space is also available for sale, including existing inventory, parts, fixtures, and displays. A floor plan line of credit is easily transferable to a new owner. The property's APN is 272.9-1-37.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1969
Total area 8,188 SF
Lot 1.26 ac (54,886 SF)
Zoning code 05 - COMMERCIAL
APN 412400 272.9-1-37
UPID US63-1999468

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
  • Motorcycle Shop

Location

31 Old Route 146 Clifton Park, NY 12065
Clifton Park metro Census 62508 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$235k

Owner & transaction history

Zoning & alternative use

05 - COMMERCIAL · Halfmoon, NY

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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