Property profile

56 Hudson Riv Rd Waterford, NY 12188

OFF-MARKET
Distribution centers
Property ID
US63-5122577
10,170 SF 1.03 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,170 square foot office building at 56 Hudson River Rd in Waterford, NY, offers a variety of leasing options. The single-story, Class B building, constructed in 1990, features a traditional office layout, executive suites, and coworking space, making it ideal for diverse business needs. The property boasts convenient access with four drive-ins, situated on a M-2 zoned lot in Saratoga County. Currently, 1,500 square feet of space is immediately available for lease. The minimum leasable space is 2,100 square feet, with flexible configurations to accommodate various business sizes. The building comprises two suites in total. Potential tenants can choose between leasing the available 1,500 square feet for $1,500 per month plus utilities, or individual offices at $250 per month each (all-inclusive). This prime waterfront location offers a unique opportunity for businesses seeking a blend of functionality and desirable surroundings. The property's convenient access and flexible space options make it an attractive choice for a wide range of businesses. Inquire today to explore the possibilities of establishing your business in this exceptional Waterford location. The zip code is 12188.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1990
Total area 10,170 SF
Lot 1.03 ac (44,867 SF)
Zoning code 06 - INDUSTRIAL
APN 415489 291.-2-84
UPID US63-5122577

Cap rate & NOI

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

Location

56 Hudson Riv Rd Waterford, NY 12188-1906
Waterford metro Census 62700 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
by Request
Comparable Approach Comparable
$583k
Blend (final) Blend
$650k

Owner & transaction history

since 2021
Last sale
$600,000
5 recorded transactions
2021
$600,000
2013
$123,000
2013
$220,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

06 - INDUSTRIAL · Waterford, NY

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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