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    Property profile & analytics

    8 Computer W Dr Colonie, NY 12205-1607

    • Office buildings
    • 15,034 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-1749012
    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

    • State Insurance Fund DC / Insurance Agency
    • LiveWell Insurance NY / Health Insurance Agency / Insurance Broker

    Property Details for 8 Computer W Dr

    Year built
    1975
    Lot size
    1.14 lot acres
    Property size
    15,034 SF
    Zone code
    12
    Property type
    Office buildings
    APN
    012689 42.1-1-14
    APU
    12689421114

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colonie
    County
    Albany
    State
    New York
    Longitude
    -73.8105
    Latitude
    42.7198
    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
    $228,000
    $838,000
    $1,066,000
    -
    $447,060
    $1,643,140
    $2,090,200

    Comparable in this City

    • Value Estimation by Request
      11,200 SF

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    • Value Estimation by Request
      30,400 SF

      2 Palisades Dr

      PROFESSIONAL BUILDING • 30,400 SF
      2 Palisades Dr, Albany, NY 12205-1438
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    • Value Estimation by Request
      14,400 SF

      1 United Way

      OFFICE BUILDING • 14,400 SF
      1 United Way, Albany, NY 12205-5584
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    • Value Estimation by Request
      43,876 SF

      1762 Central Ave

      OFFICE BUILDING • 43,876 SF
      1762 Central Ave, Albany, NY 12205-4773
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    • Value Estimation by Request
      1,344 SF

      1718 Central Ave

      OFFICE BUILDING • 1,344 SF
      1718 Central Ave, Albany, NY 12205-4701
      View Details
    • Value Estimation by Request
      31,960 SF

      1 Marcus Blvd

      OFFICE BUILDING • 31,960 SF
      1 Marcus Blvd, Albany, NY 12205-5953
      View Details

    Similar Nearby for Sale

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      Multi-Tenant Office Building For Sale

      Multi-tenant office building with established tenants and updated systems.
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      View Details
    • $3,199,000
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      Mixed-Use Property with High-End Finishes

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    • $1,200,000
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      Albany Office Building: 15,315 SF

      Fully leased Class B office building in Albany, NY. Excellent investment opportunity.
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    • $997,500
      1,430 SF

      Albany Office Building: Prime Location

      1,430 SF Office, $997,500
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    • $1,450,000
      0.66 Acres

      1735 Central Avenue

      Land • 12,000 SF
      1735 Central Ave, Albany, NY 12205
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      59,136 SF

      Albany Office Building For Rent

      Office building with on-site parking and public transportation access.
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    • $1.00 SF/Yr
      28,836 SF

      Class A Office Building For Lease

      Professionally managed Class A office building with customizable full-floor suites.
      26 Computer Dr W, Colonie, NY 12205
      View Details
    • $15 SF/Yr
      11,256 SF

      Renovated Office Building For Lease

      Renovated office building in excellent condition, suitable for owner occupancy.
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    • $16 SF/Yr
      22,000 SF

      High Visibility Office Building

      22,000 SF office building near Albany Airport available for rent.
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    • $3,277 /Mo
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      Well-Appointed Office Building for Lease

      Office building with amenities and convenient access to transportation.
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    • Contact for pricing
      19,838 SF

      Four-Story Office Building For Lease

      Four-story office building in Albany's Wolf Road submarket.
      1 Park Pl, Colonie, NY 12205
      View Details
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    8 Computer W Dr
    Colonie, NY 12205-1607
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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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