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    Property profile & analytics

    405 2nd Ave Troy, NY 12182-3018

    • Community centers
    • 12,200 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-5989089
    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.

    Current Use by Public Records

    • Advance Auto Parts / Truck Accessories Store / Auto Parts Store

    Property Details for 405 2nd Ave

    Year built
    1964
    Lot size
    1.37 lot acres
    Property size
    12,200 SF
    Zone code
    MULTI
    Property type
    Community centers
    APN
    381700 80.71-5-4
    APU
    381700807154

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.6807
    Latitude
    42.7686
    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
    $350,000
    $330,000
    $680,000
    -
    $499,985
    $471,415
    $971,400

    Comparable in this City

    • Value Estimation by Request
      13,800 SF

      351 5th Ave, Unit 353

      MINI-MALL • 13,800 SF
      351 5th Ave, Troy, NY 12182-3119
      View Details
    • Value Estimation by Request
      16,281 SF

      849 2nd Ave

      SHOPPING CENTER, STRIP CENTER • 16,281 SF
      849 2nd Ave, Troy, NY 12182-2085
      View Details
    • Value Estimation by Request
      31,313 SF

      7 Northern Dr

      SHOPPING CENTER, STRIP CENTER • 31,313 SF
      7 Northern Dr, Troy, NY 12182-1800
      View Details
    • Value Estimation by Request
      4,326 SF

      1 Northern Dr

      SHOPPING CENTER, STRIP CENTER • 4,326 SF
      1 Northern Dr, Troy, NY 12182-1841
      View Details
    • Value Estimation by Request
      0.21 Acres

      372 2nd Ave

      PARKING LOT • 0.21 Acres
      372 2nd Ave, Troy, NY 12182
      View Details
    • Value Estimation by Request
      0.18 Acres

      4th Ave

      PARKING LOT • 0.18 Acres
      4th Ave, Troy, NY 12182
      View Details

    Similar Nearby for Sale

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      Mixed-Use Property on Corner Lot

      Mixed-use property with commercial storefront and two rental units.
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      Troy Retail Property For Sale

      Retail property with long-term tenant in Troy, NY.
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      Salon with modern atmosphere, seasoned clientele, and off-street parking.
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    Similar Nearby for Lease

    • $1,250 /Mo
      31,313 SF

      Troy Retail Space For Lease

      Prime retail space in busy Troy shopping plaza.
      7 Northern Dr, Troy, NY 12182
      View Details
    • $3,000 /Mo
      3,596 SF

      Former Bank with Drive-Thru

      Former bank with drive-thru, office space, and full basement.
      600 2Nd Ave, Troy, NY 12182
      View Details
    • $12 SF/Yr
      10,455 SF

      Retail Space in High-Traffic Location

      Retail or office space available in a convenient, accessible location.
      369 2Nd Ave, Troy, NY 12182
      View Details
    • $2,500 /Mo
      2,000 SF

      Retail Space in Troy

      2000 sq ft retail space available for rent.
      7 Northern Dr, Troy, NY 12182
      View Details
    • Contact for pricing
      2,500 SF

      Oakwood Ave Warehouse Space Available

      Large Warehouse, High Traffic Area
      211 Oakwood Ave, Troy, NY 12182
      View Details

    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      3.7k
    • Avg Time on site
      14 min
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    405 2nd Ave
    Troy, NY 12182-3018
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    Realmo Value Estimation

    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.

    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.

    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
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