65 Rifle Range Rd, Albany, NY 12205-5565
This exceptional mixed-use property presents a unique investment opportunity in the thriving Colonie, NY market. Situated on a generous two-acre lot at 65 Rifle Range Road, this property offers significant potential for a variety of commercial ventures. The existing structure's size and configuration are currently undetermined, providing a blank canvas for creative redevelopment or adaptive reuse. The expansive lot size allows for ample parking, expansion possibilities, or even the development of additional structures, subject to local zoning regulations. Colonie's robust economy and strategic location within the Capital Region offer strong prospects for rental income and future appreciation. This property is ideally suited for an investor seeking a flexible asset with significant upside potential. The absence of existing building specifications allows for complete customization to meet the needs of a diverse range of businesses. Given the size of the lot and the mixed-use designation, possibilities include retail, office, light industrial, or a combination thereof. Serious inquiries are encouraged to explore the full potential of this remarkable investment opportunity. Further due diligence is recommended to confirm zoning regulations and development possibilities. This property is being offered as-is.
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KYCCK Auto Auto Repair Shop
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R&R Performance Auto Repair Shop Auto Parts Store
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Schuyler Builders Construction Company General Contractor
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Schuyler Homes Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
15 · Albany, NYAlbany. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.