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    Property profile & analytics

    709 Central Ave Albany, NY 12206-1604

    • Grocery and convenience stores
    • 65,488 SF
    • 5.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 25, 2020
    $22,850,000
    Location Intelligence
    Property ID
    US63-4233673
    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.

    Current Use by Public Records

    • ShopRite Pharmacy / Pharmacy
    • TNT Fireworks / Fireworks Store / Store
    • ShopRite Bottle Return / Bottle & Can Redemption Center
    • higi / Health Consultant

    Property Details for 709 Central Ave

    Year built
    2011
    Lot size
    5.48 lot acres
    Property size
    65,488 SF
    Zone code
    C2
    Property type
    Grocery and convenience stores
    APN
    010100 64.28-2-3.1
    APU
    101006428231

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7846
    Latitude
    42.677
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $1,496,000
    $7,009,000
    $8,505,000
    -
    $2,112,099
    $9,895,525
    $12,007,624

    Comparable in this City

    • Value Estimation by Request
      31,155 SF

      100 Watervliet Ave

      GROCERY, SUPERMARKET • 31,155 SF
      100 Watervliet Ave, Albany, NY 12206-2024
      View Details
    • Value Estimation
      $230,000
      9,608 SF

      22 Quail St

      GROCERY, SUPERMARKET • 9,608 SF
      22 Quail St, Albany, NY 12206-2412
      View Details
    • Value Estimation by Request
      22,428 SF

      612 Central Ave

      GROCERY, SUPERMARKET • 22,428 SF
      612 Central Ave, Albany, NY 12206
      View Details
    • Value Estimation by Request
      59,850 SF

      700 Patroon Crk Blvd

      FINANCIAL BUILDING • 59,850 SF
      700 Patroon Crk Blvd, Albany, NY 12206-5010
      View Details
    • Value Estimation
      $505,000
      59,310 SF

      476 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 59,310 SF
      476 Central Ave, Albany, NY 12206-2213
      View Details
    • Value Estimation
      $180,000
      3,736 SF

      212 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,736 SF
      212 Central Ave, Albany, NY 12206-2610
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Downtown Albany Retail Space

      High-traffic, NNN lease, multi-tenant.
      581 Central Ave, Albany, NY 12206
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    • $1,300,000
      0.51 Acres

      Versatile Commercial Property on Central Avenue

      43,520 sq ft commercial property with diverse spaces and parking.
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      Central Avenue Investment Opportunity

      Investment property with restaurant and apartment, high-traffic location.
      218 Central Ave, Albany, NY 12206
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    • $220,000
      750 SF

      Retail Property in Albany, NY

      Retail property for sale with 750 square feet in Albany.
      494 Washington Ave, Albany, NY 12206
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    • $1,800,000

      Albany Mixed-Use Development Site

      Approved development site with existing strip center in Albany.
      226 North Allen St, Albany, NY 12206
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    • $499,000
      5,145 SF

      Equipped Restaurant with Kitchen Infrastructure

      Fully equipped restaurant with substantial cooler/freezer space and infrastructure.
      15 Watervliet Ave, Albany, NY 12206
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    Similar Nearby for Lease

    • Contact for pricing
      900 SF

      Retail Space Near Home Depot

      Retail space shadow-anchored by Home Depot with signalized entrance.
      981 Central Ave, Albany, NY 12206
      View Details
    • $14 SF/Yr
      64,088 SF

      Retail Space in Westgate Plaza

      Retail space available in busy Albany shopping center.
      911 Central Ave, Albany, NY 12206
      View Details
    • $1.00 SF/Yr
      1 SF

      Central Avenue Retail Redevelopment Potential

      Retail property with high visibility and redevelopment potential on Central Avenue.
      1579 Central Ave, Albany, NY 12206
      View Details
    • Contact for pricing
      17,127 SF

      Hannaford Plaza: Retail Space Available

      Albany Retail Center, 13,627 SF Vacant
      900 Central Ave, Albany, NY 12206
      View Details
    • Contact for pricing
      101,616 SF

      Hannaford Plaza Retail Space Available

      Prime Albany retail space, multiple units.
      900 Central Ave, Albany, NY 12206
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    • $1.00 SF/Yr
      180,000 SF

      Medical Space on Washington Avenue

      Medical office space for lease in Albany's medical corridor.
      400 Patroon Creek Blvd, Albany, NY 12206
      View Details

    Property Visit Statistics

    • Visits by month
      25.1k
    • Visitors by month
      11.9k
    • Avg Time on site
      9 min
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    709 Central Ave
    Albany, NY 12206-1604
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    Realmo Value Estimation

    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.

    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.

    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
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