Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    61 Maple Ave Schenectady, NY 12302
    Back to Search
    Property profile & analytics

    61 Maple Ave, Schenectady, NY 12302

    View on Map
    • Commercial real estate
    • 30.17 lot acres
    Off-Market
    Property ID
    US63-1992108
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 61 Maple Ave

    Lot size
    30.17 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 30.17-acre land parcel in Glenville, NY, presents a significant development opportunity. Located in Schenectady County, at 61 Maple Ave, zip code 12302, the property boasts Broad/RTD (Research, Development, Technology) zoning, allowing for diverse commercial and industrial uses. Its strategic location south of the Glenville Airport Business Park provides easy access to Route 50 and other major highways. The property includes a 2,800 square-foot brick single-family home, offering flexibility for renovation or demolition to maximize buildable area. Municipal water and sewer services are available at the roadside, simplifying utility integration for future projects. This online auction concludes December 5th. The property is being sold as a distressed asset. This represents a substantial investment opportunity with existing amenities and high future potential in a rapidly developing area. Further details are available at the provided online auction link. The property's latitude and longitude coordinates are 42.84336220109581 and -73.92658241760708 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.926582417607
    Latitude
    42.843362201096

    Comparable in this City

    • Contact for pricing
      59,642 SF

      Industrial Complex Near Airport

      59,642± SF industrial complex with expansion potential near highways.
      13 Airport Rd, Scotia, NY 12302
      View Details
    • $1,400,000
      23,754 SF

      Office/Warehouse Building in Scotia, NY

      23,754 SF office/warehouse on 2.7 acres for sale.
      52 Market St, Scotia, NY 12302
      View Details
    • $2,500,000

      Industrial Building with 30-Ton Crane

      14,600 SF industrial building featuring a 30-ton crane.
      9 Tower Rd, Schenectady, NY 12302
      View Details
    • $595,000
      4,400 SF

      Established Distillery Business and Real Estate

      Operating distillery with equipment, business, and real estate for sale.
      3304 Amsterdam Rd, Schenectady, NY 12302
      View Details
    • $379,000
      4,400 SF

      Mixed-Use Retail/Warehouse Building For Sale

      Versatile 4,400 SF mixed-use building in high-traffic location.
      3304 Amsterdam Rd, Schenectady, NY 12302
      View Details
    • $625,000
      1,600 SF

      Glenville Flex Space For Sale

      Four-building flex space suitable for contractor or chemical manufacturer.
      37 Maple Ave, Glenville, NY 12302
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      59,642 SF

      Industrial Complex Near Airport

      59,642± SF industrial complex with expansion potential near highways.
      13 Airport Rd, Scotia, NY 12302
      View Details
    • $1,400,000
      23,754 SF

      Office/Warehouse Building in Scotia, NY

      23,754 SF office/warehouse on 2.7 acres for sale.
      52 Market St, Scotia, NY 12302
      View Details
    • $2,500,000

      Industrial Building with 30-Ton Crane

      14,600 SF industrial building featuring a 30-ton crane.
      9 Tower Rd, Schenectady, NY 12302
      View Details
    • $595,000
      4,400 SF

      Established Distillery Business and Real Estate

      Operating distillery with equipment, business, and real estate for sale.
      3304 Amsterdam Rd, Schenectady, NY 12302
      View Details
    • $379,000
      4,400 SF

      Mixed-Use Retail/Warehouse Building For Sale

      Versatile 4,400 SF mixed-use building in high-traffic location.
      3304 Amsterdam Rd, Schenectady, NY 12302
      View Details
    • $625,000
      1,600 SF

      Glenville Flex Space For Sale

      Four-building flex space suitable for contractor or chemical manufacturer.
      37 Maple Ave, Glenville, NY 12302
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,394 SF

      Versatile Commercial/Industrial Building For Lease

      Well-equipped commercial/industrial building with ample parking and modern amenities.
      16 Market St, Scotia, NY 12302
      View Details
    • $2,500 /Mo
      1,394 SF

      Versatile Commercial/Industrial Building For Lease

      Well-equipped commercial/industrial building with ample parking and modern amenities.
      16 Market St, Scotia, NY 12302
      View Details
    • New
      $3,200 /Mo
      2,481 SF

      Renovated Commercial Space Near Saratoga

      Turn-key, renovated commercial space on a large lot.
      135 Freemans Bridge Rd, Glenville, NY 12302
      View Details
    • Contact for pricing

      Restaurant Building with River Views

      Freestanding restaurant building with FF&E, shared parking, and docks.
      2 Freemans Bridge Rd, Schenectady, NY 12302
      View Details
    • $900 /Mo
      10,595 SF

      Retail Space with Convenient Parking

      Bite-sized retail space with parking in front, ready to occupy.
      165 Freemans Bridge Rd, Scotia, NY 12302
      View Details
    • Contact for pricing
      1,470 SF

      Glenville Office/Medical Suite for Lease

      1,470 SF suite suitable for office, medical, or retail.
      124 Saratoga Rd, Schenectady, NY 12302
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    61 Maple Ave
    Schenectady, NY 12302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    61 Maple Ave, Schenectady, NY, 12302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!