Property profile

504 3rd Ave Ext Rensselaer, NY 12144

OFF-MARKET
Industrial properties
Property ID
US63-3452612
61,355 SF 23.64 ac lot Built 1985
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 61,355 SF
Lot 23.64 ac (1,029,758 SF)
Zoning code OC
APN 382400 144.-4-59.1
UPID US63-3452612

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

504 3rd Ave Ext Rensselaer, NY 12144-5613
Rensselaer metro Census 52406 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.04M
Blend (final) Blend
$3.39M

Owner & transaction history

since 2020
Last sale
$6.2M
1 recorded transaction
2020
$6.2M

Zoning & alternative use

OC · Rensselaer, NY
Top alternative use upside
Auto repair, garage $5.7M +157.9%
Restaurant $4.8M +115.8%
Commercial (general) $4.4M +96.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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