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Property profile & analytics
OFF-MARKET
Strip malls

539 Pawling Ave Troy, NY 12180-5856

20,160 SF 1.14 ac lot Built 1940
Entity Owned 21-yr Hold Free & Clear
Property ID
US63-6005472
Property summary
AI-generated overview

This exceptional retail property, located at 539 Pawling Avenue in Troy, New York, presents a fantastic leasing opportunity. The building boasts a total of 20,160 square feet, with 1,600 square feet currently available for lease. This single-tenant space is ideal for a variety of retail businesses seeking a prominent location in Rensselaer County. The property sits on a sizable 1.14-acre lot, offering ample space and visibility. The address is conveniently located in Troy, NY, zip code 12180, providing easy access for customers and employees. The property is classified as Commercial Retail and is perfect for a business seeking a standalone location with high visibility. The building's size and lot size provide significant potential for expansion or outdoor display areas, depending on the tenant's needs. This is a single-tenant occupancy, ensuring a focused and independent business environment. The property is ready for immediate occupancy, allowing for a quick and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail location offers. The property is situated in a thriving area of Troy, offering excellent access to local amenities and a strong customer base. This is a rare opportunity to secure a well-positioned retail space in a desirable location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1940
Total area 20,160 SF
Lot 1.14 ac (49,658 SF)
Zoning code B2
APN 381700 112.66-13-1
UPID US63-6005472
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
  • Lee Lin Chinese Restaurant Restaurant
  • LEE LIN Restaurant
  • Turnkey Workplace Services Furniture & Home Goods
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
Pawling LLC · 21 yrs held
Pawling LLC
since 2005
1 recorded transaction
2005
$1.2M
Zoning & alternative use
B2 · Troy, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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