Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Industrial land

    48 Corporate Cir, Albany, NY 12203

    5.49 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US63-1932468
    Property summary
    AI-generated overview

    This brand-new, 93,000-square-foot industrial warehouse, slated for completion in 2024, offers flexible space solutions in Albany, NY. Located at 48 Corporate Circle, with prominent frontage on both Corporate Circle and New Karner Road, this property boasts exceptional visibility and convenient access to major highways and amenities. The building features a single story with a 30-foot clear-span ceiling height, providing ample vertical space for various operational needs. Loading capabilities are robust, with 24 dock-high doors (9x10 feet) and 4 ground-level doors (10x14 feet), with potential for additional ground-level doors. The property includes 50 parking spaces and is equipped with 800-amp electrical service, forced hot air/AC HVAC, and city water/sewer utilities. The space is divisible, with a minimum leasable area of 15,000 square feet and a maximum contiguous space of 93,000 square feet, allowing for customization to suit diverse tenant requirements. The building's construction utilizes high-quality materials, and the C1 zoning allows for a wide range of industrial and manufacturing uses. The warehouse space can be adapted to include office areas based on tenant needs, making it ideal for businesses requiring both warehouse and showroom functionality. This is a build-to-suit opportunity, allowing qualified tenants to tailor the space to their specific operational needs. Contact us today to discuss your build-out plans.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 5.49 ac (239,144 SF)
    Zoning code CM
    APN 010100 41.00-2-63
    UPID US63-1932468
    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
    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
    Forty Eightcc LLC · 2 yrs held
    Forty Eightcc LLC
    since 2024
    3 recorded transactions
    2024
    2023
    2018
    Zoning & alternative use
    CM · Albany, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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