Property summary
This exceptional 8,566 square foot industrial property, located at 60 Loudonville Road in Albany, New York, presents a compelling owner-user opportunity. The building, situated on a 0.84-acre lot zoned M1, offers a versatile blend of distribution, flex, and warehouse space. The structure comprises one building with two stories, providing ample space for both operations and office functions. The upper floors feature updated office space, including a sizable conference room, ideal for administrative needs. The warehouse area is well-equipped with three loading docks, including one dock-high door, and two drive-in bays, ensuring efficient loading and unloading. A significant advantage is the large paved parking lot, providing ample space for both employee parking and potential outdoor storage. Its strategic location offers easy access to major transportation arteries, including Interstates 90 and 787, enhancing logistical efficiency and accessibility. This property is priced at $895,000 and represents a strong investment for businesses seeking a functional and well-situated industrial space in the Albany, NY market. The property's combination of office and warehouse space, along with its convenient location and ample parking, makes it an attractive option for a variety of businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Factory Industrial Manufacturer
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Engineering Consultant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Menands, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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