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    OFF-MARKET
    Strip malls

    471 Albany Shaker Rd, Loudonville, NY 12211-1583

    21,727 SF 1.7 ac lot Built 1980
    Entity Owned 14-yr Hold Free & Clear
    Property ID
    US63-3050411
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 471 Albany Shaker Road in Loudonville, New York, presents a unique investment opportunity. Situated on a generous 1.7-acre lot, this office building offers significant potential for a variety of uses. While the precise square footage is currently unavailable, the expansive land area allows for considerable flexibility in development or expansion. The property's address in Loudonville provides convenient access to major transportation routes, ensuring easy commutes for employees and clients alike. The strategic location within this thriving community offers strong visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence. This is a blank canvas for a discerning buyer to create a thriving commercial space tailored to their specific needs. The absence of a listed price reflects the opportunity for negotiation and allows for a tailored transaction to suit the buyer's financial objectives. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's size and location make it a highly desirable asset in the competitive Loudonville commercial real estate market. Further details regarding the building's specifications can be provided upon request. Don't miss this chance to acquire a substantial commercial property with significant upside potential.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1980
    Total area 21,727 SF
    Lot 1.7 ac (74,052 SF)
    Zoning code 13
    APN 012689 43.3-1-7
    UPID US63-3050411
    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
    • Pearl of the Orient Restaurant
    • The Little Gym Gym & Fitness Center
    • Howard Hanna Loudonville/Latham Loan Service Bank
    • Edward Barber, Better Homes & Gardens Tech Valley Real Estate Agency
    • Sandy Speranza, Howard Hanna Real Estate Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kimberly II Of Latham LLC · 14 yrs held
    Kimberly II Of Latham LLC
    since 2012
    3 recorded transactions
    2020
    2012
    $1.0M
    1969
    Zoning & alternative use
    13 · Loudonville, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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