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Property profile & analytics

785 Delaware Ave Delmar, NY 12054-9713

  • Office buildings
  • 17,096 SF
  • 1.90 lot acres
OFF-MARKET
Last Sale
Apr 03, 2024
$725,000
Value Estimations
$725,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1536429
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

  • Broadway Bound Performing Arts Academy / Training Center
  • Dr. Rebecca J. Stetzer, MD / Pediatrician / Physician
  • Meuwissen Hilaire J MD / Physician / Medical Clinic
  • Sufrin Erica M / Physician / Medical Clinic
  • Unitec Laboratories / Drug Testing Service / Doctor

Property Details for 785 Delaware Ave

Year built
1970
Lot size
1.90 lot acres
Property size
17,096 SF
Zone code
RH
Property type
Office buildings
APN
012200 96.00-1-4
APU
12200960014

Description

This exceptional commercial property, located at 785 Delaware Avenue in the desirable Delmar, NY, presents a unique investment opportunity. Situated on a generous 1.9-acre lot, this office building offers significant potential for a variety of uses. While the precise square footage is currently unavailable, the expansive land area allows for considerable flexibility in development or expansion. The property's address in Delmar provides convenient access to major transportation routes, ensuring easy commutes for employees and clients. The location itself benefits from a strong local economy and a thriving business community, making it an attractive proposition for businesses seeking a prominent presence in the area. The absence of a listed price reflects the opportunity for negotiation and allows for a tailored transaction to meet the specific needs of the buyer. Serious inquiries are encouraged to explore the possibilities this substantial property offers. Given the size of the lot and the prime location, this property is ideal for a company seeking to establish a significant presence in the Delmar market or for an investor looking for a substantial land holding with development potential. Further details regarding the building's specifications and potential uses can be provided upon request. This is a rare opportunity to acquire a substantial commercial property in a highly sought-after location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $725,000
    ML approach
    $725,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $463,000
    Market price range: $387k - $1.78M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,100,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Delmar
County
Albany
State
New York
Longitude
-73.8635
Latitude
42.6117
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
$265,000
$585,000
$850,000
-
$353,333
$780,000
$1,133,333
More about this property
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