Add Listing
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

    7990 Main St, Unit 8000 Troy, NY 12180

    • Warehouses
    • 25,953 SF
    • 16.16 lot acres
    OFF-MARKET
    Value Estimations
    $1,680,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3254053
    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

    • Warehouses

    Property Details for 7990 Main St

    Year built
    1940
    Lot size
    16.16 lot acres
    Property size
    25,953 SF
    Zone code
    WTD
    Property type
    Warehouses
    APN
    381700 111.75-1-1./1
    APU
    38170011175111

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,720,000
      Market price range: $356k - $2.04M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,040,000
      Current use
      RESTAURANT
      $1,885,000
      Change: +81% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,835,000
      Change: +76% Conversion: Easy
      OFFICE BUILDING
      $1,405,000
      Change: +35% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,270,000
      Change: +22% Conversion: Difficult
      RETAIL STORES
      $1,215,000
      Change: +16% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Rensselaer
    State
    New York
    Longitude
    -73.7008
    Latitude
    42.704
    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
    $870,000
    $240,000
    $1,110,000
    -
    $1,242,846
    $342,854
    $1,585,700

    Comparable in this City

    • Value Estimation by Request
      2,460 SF

      2001 Main St

      WAREHOUSE, STORAGE • 2,460 SF
      2001 Main St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      1,155 SF

      203 4th St

      WAREHOUSE, STORAGE • 1,155 SF
      203 4th St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      2,600 SF

      102 Earl St

      WAREHOUSE, STORAGE • 2,600 SF
      102 Earl St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      1,557 SF

      1 102nd St

      WAREHOUSE, STORAGE • 1,557 SF
      1 102nd St, Troy, NY 12180-1118
      View Details
    • Value Estimation by Request
      1,850 SF

      585 Riv St

      WAREHOUSE, STORAGE • 1,850 SF
      585 Riv St, Troy, NY 12180
      View Details
    • Value Estimation by Request
      33,300 SF

      669 Riv St

      WAREHOUSE, STORAGE • 33,300 SF
      669 Riv St, Troy, NY 12180-1504
      View Details

    Similar Nearby for Sale

    • $999,999
      41,174 SF

      Troy Warehouse with Mixed-Use Potential

      Warehouse with apartments, retail spaces, and parking in Troy.
      474-484 4Th St, Troy, NY 12180
      View Details
    • $1,800,000
      17,100 SF

      Rare Clear Span Warehouse Space

      Warehouse space on railroad tracks spanning one city block.
      7 Madison St, Troy, NY 12180
      View Details
    • $999,999
      41,174 SF

      Mixed-Use Property with Development Potential

      Warehouse with apartments, office/retail spaces, and development potential.
      474-484 4Th St, Troy, NY 12180
      View Details
    • $489,900
      2,768 SF

      Modernized Mixed-Use Commercial Opportunity

      Unique, modernized mixed-use property with two buildings and flexible usage.
      1011-1015 Hoosick Rd, Troy, NY 12180
      View Details
    • Contact for pricing

      Versatile Property with Multiple Buildings

      18 acres with office and warehouse space near Albany.
      150 Brick Church Rd, Troy, NY 12180
      View Details
    • Contact for pricing
      1,216 SF

      Troy Warehouse Space Available

      Clean warehouse space in Troy, convenient location, 1216 square feet.
      650 River St, Troy, NY 12180
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      54,731 SF

      Downtown Troy Commercial Space Rental

      Versatile commercial space in downtown Troy, ideal for various uses.
      5 Broadway, Troy, NY 12180
      View Details
    • $12 SF/Yr
      14,840 SF

      Office and Warehouse Space Available

      27,040 SF office and warehouse space for lease.
      79 102Nd St, Troy, NY 12180
      View Details
    • $1,625 /Mo
      1,300 SF

      Retail Space in Historic Troy

      1,300 SF retail space for lease in Troy, NY.
      342 Congress St, Troy, NY 12180
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Troy, New York.
      720 Hoosick Rd, Troy, NY 12180
      View Details
    • Contact for pricing

      Downtown Office Space For Lease

      Full floor office spaces available in downtown Troy, NY.
      500 Federal St, Troy, NY 12180
      View Details
    • Contact for pricing
      2,600 SF

      Prime Retail/Office Space Available

      Retail/office spaces with high visibility, 1680-2600 sq ft.
      48-52 N Greenbush Rd, Troy, NY 12180
      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.
    7990 Main St, Unit 8000
    Troy, NY 12180
    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.
    Sign Up Successful!
    You now have access to more from Realmo!