Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    743 Pierce Rd Clifton Park, NY 12065-1302

    • Manufacturing properties
    • 23,688 SF
    • 5.00 lot acres
    OFF-MARKET
    Last Sale
    Nov 13, 2020
    Value Estimations
    $1,870,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3034499
    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

    • Mazzone Catering / Party Planner / Wedding Planner
    • Mazzone Hospitality / Caterer / Event Planner

    Property Details for 743 Pierce Rd

    Year built
    1977
    Lot size
    5.00 lot acres
    Property size
    23,688 SF
    Zone code
    06 - INDUSTRIAL
    Property type
    Manufacturing properties
    APN
    412400 259.-2-49.2
    APU
    4124002592492

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,440,000
      6.5%
      $2,255,000
      7%
      $2,095,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,917,000
      Market price range: $372k - $1.92M
      AI Estimate
      $1,431,000
      Market price range: $426k - $2.02M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,390,000
      Current use
      WAREHOUSE, STORAGE
      $2,115,000
      Change: +52% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clifton Park
    County
    Saratoga
    State
    New York
    Longitude
    -73.7862
    Latitude
    42.8957
    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
    $196,300
    $1,217,600
    $1,413,900
    -
    $503,333
    $3,122,052
    $3,625,385

    Comparable in this City

    • Value Estimation
      $4,215,000
      33,165 SF

      3 Enterprise Ave

      MANUFACTURING (LIGHT) • 33,165 SF
      3 Enterprise Ave, Halfmoon, NY 12065-3423
      View Details
    • Value Estimation by Request
      6,000 SF

      Hudson Riv Rd

      MANUFACTURING (LIGHT) • 6,000 SF
      Hudson Riv Rd, Clifton Park, NY 12065
      View Details
    • Value Estimation
      $1,035,000
      18,800 SF

      747 Pierce Rd

      MANUFACTURING (LIGHT) • 18,800 SF
      747 Pierce Rd, Clifton Park, NY 12065-1304
      View Details
    • Value Estimation
      $625,000
      10,005 SF

      5 Rexford Way

      MANUFACTURING (LIGHT) • 10,005 SF
      5 Rexford Way, Clifton Park, NY 12065
      View Details
    • Value Estimation
      $1,270,000
      24,262 SF

      20 Solar Dr

      MANUFACTURING (LIGHT) • 24,262 SF
      20 Solar Dr, Halfmoon, NY 12065-3427
      View Details
    • Value Estimation
      $755,000
      24,797 SF

      1 Farm To Market Rd

      MANUFACTURING (LIGHT) • 24,797 SF
      1 Farm To Market Rd, Clifton Park, NY 12065
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      150,000 SF

      Versatile Commercial/Industrial Park For Sale

      Commercial/Industrial park near I-87, offering flexible spaces and build options.
      587 Waite Rd, Clifton Park, NY 12065
      View Details
    • $9,000,000
      97,890 SF

      High-Bay Distribution Warehouse For Sale

      Conveniently located distribution warehouse with highway visibility and flexible access.
      767 Pierce Rd, Clifton Park, NY 12065
      View Details
    • $1,700,000
      Pending

      Clifton Park Office/Warehouse Building

      Office/warehouse building in excellent condition, moments from Exit 10.
      747 Pierce Rd, Clifton Park, NY 12065
      View Details
    • $165,000
      0.46 Acres

      Halfmoon, NY Approved Land

      Approved 0.46-acre corner lot in Halfmoon, NY.
      80 Mcbride Rd, Halfmoon, NY 12065
      View Details
    • $1,200,000
      1.24 Acres

      Halfmoon Office Building For Sale

      8,692 SF professional office building for sale in Halfmoon, NY.
      30 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $729,800
      3,815 SF

      Immaculate Duplex with Inground Pool

      Two-story brick duplex with pool and garages in Halfmoon, NY.
      54 Route 236, Halfmoon, NY 12065
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      79,625 SF

      Clifton Park Manufacturing/Warehouse Space

      Manufacturing/warehouse space with heavy power and outdoor storage.
      107 Pierce Rd, Clifton Park, NY 12065
      View Details
    • $14 SF/Yr
      16,356 SF

      Versatile Office and Storage Space

      Office suites with storage, conference rooms, and kitchen/breakrooms available.
      14 Corporate Dr, Halfmoon, NY 12065
      View Details
    • $9 SF/Yr
      50,000 SF

      Halfmoon Industrial Space For Lease

      50,000 square foot industrial space available for lease.
      5 Liebich Ln, Halfmoon, NY 12065
      View Details
    • $11 SF/Yr
      10,000 SF

      Flex Space Near I-87

      Flex space available for rent near I-87 and Luther Forest.
      5 Rexford Way, Halfmoon, NY 12065
      View Details
    • $3,950 /Mo
      52,000 SF

      Flex Suite Near I-87

      4,000 SF flex suite near I-87 Exit 10.
      3 Liebich Ln, Halfmoon, NY 12065
      View Details
    • $10 SF/Yr
      8,156 SF

      Executive Park Drive Storage and Office

      Heated storage and office space available for lease.
      5 Executive Park Dr, Halfmoon, NY 12065
      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.
    743 Pierce Rd
    Clifton Park, NY 12065-1302
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.