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    Property profile & analytics

    553 Krumkill Rd Albany, NY 12203

    • Commercial real estate
    • 28.60 lot acres
    For Sale
    View listing
    $550,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-4845457
    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

    • Commercial real estate

    Property Details for 553 Krumkill Rd

    Lot size
    28.60 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 28.6-acre property located at 553 Krumkill Rd, Albany, NY 12203, presents a unique investment opportunity. Situated in Albany County within the Town of New Scotland, this land boasts stunning views of the surrounding rolling hills. Zoned MDR, the property offers considerable versatility. Potential uses include establishing horse stables, constructing a private estate, or pursuing residential development. The expansive acreage provides ample space for a variety of endeavors. The property's location within the highly regarded Guilderland school district adds significant value. This is a rare chance to acquire a substantial parcel of land with diverse potential in a desirable location. The asking price is $550,000. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. The property is conveniently located in Albany, New York.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.856747
    Latitude
    42.6681359

    Comparable in this City

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    Similar Nearby for Sale

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      Albany Two-Family Investment Opportunity

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    Similar Nearby for Lease

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    • Contact for pricing

      Guilderland Land Lease Opportunity

      Land lease opportunity with high traffic and visibility.
      2028 Western Ave, Albany, NY 12203
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      Office space available for lease in Albany, New York.
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      Versatile office and medical space in a prime location.
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    553 Krumkill Rd
    Albany, NY 12203
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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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