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    FOR SALE
    Industrial land

    681 Mariaville Rd, Schenectady, NY 12306

    11.1 ac lot
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-5553267
    Property summary
    AI-generated overview

    This exceptional 120,000-square-foot industrial property in Schenectady, New York, presents a unique opportunity. Located at 681 Mariaville Rd, this Class A building sits on an expansive 11.1-acre lot and is zoned for light industrial use. The property is ideally suited for distribution, manufacturing, or warehouse operations. A build-to-suit option is available, allowing for customization to meet specific business needs. The proposed building boasts a 32-foot clear ceiling height, providing ample vertical space for storage or operations. The layout includes a practical column spacing of 30' x 100', ensuring efficient use of the floor plan. Loading and unloading are facilitated by two grade-level doors and twenty-five dock-high doors. A state-of-the-art ESFR sprinkler system is incorporated for enhanced fire protection. This strategic location offers unparalleled access to major transportation arteries. It's conveniently situated just 1.5 miles from Exit 25A of the New York State Thruway (I-90) and the I-88 interchange, ensuring seamless logistics and distribution capabilities. This shovel-ready site is ready for immediate development, making it an attractive option for businesses seeking a modern, efficient, and strategically located industrial space in Schenectady County, NY, zip code 12306.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 11.1 ac (483,516 SF)
    Zoning code I-1
    APN 422800 47.-8-6.14
    UPID US63-5553267
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Carejo Realty LLC · 3 yrs held
    Carejo Realty LLC
    since 2022
    Last sale
    $325,000
    1 recorded transaction
    2022
    $325,000
    Zoning & alternative use
    I-1 · Schenectady, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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