34 Russell Rd Colonie, NY 12205-3313
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.
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HVW Mobile Phone Store Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
13 · Colonie, NYColonie. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.