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Property profile & analytics
OFF-MARKET
Investment properties

34 Russell Rd Colonie, NY 12205-3313

1,312 SF 0.26 ac lot Built 1983
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US63-2655118
Property summary
AI-generated overview

This exceptional 0.26-acre commercial lot presents a unique investment opportunity in the thriving Colonie, NY market. Located at 34 Russell Rd Unit 34, this property offers significant potential for a variety of commercial ventures. The expansive land area provides ample space for development, allowing for flexibility in design and construction to suit specific business needs. Its strategic location within Colonie ensures high visibility and accessibility, attracting a substantial customer base. The property's zoning regulations should be independently verified to ensure compatibility with intended use. This is an ideal site for entrepreneurs and investors seeking to establish a strong presence in a dynamic and growing community. The asking price of $374,900 represents a compelling value proposition considering the property's size, location, and development potential. Serious inquiries are encouraged to explore the possibilities and secure this prime commercial land parcel. Further due diligence, including but not limited to environmental assessments and zoning verification, is recommended before any purchase commitment. The absence of square footage information in the provided data necessitates independent verification of the buildable area. This property is being offered as-is. All interested parties are responsible for conducting their own independent investigations and due diligence. This is a rare opportunity to acquire a well-situated commercial lot in a desirable location. Don't miss out on this chance to build your business success.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1983
Total area 1,312 SF
Lot 0.26 ac (11,326 SF)
Zoning code 13
APN 012689 53.16-1-2
UPID US63-2655118
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
  • HVW Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John R Guzzo · 6 yrs held
John R Guzzo
since 2020
4 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
13 · Colonie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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