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Property profile

8 Northway Ln Latham, NY 12110

FOR LEASE
Other warehouses
Property ID
US63-2140482
2,400 SF 1.1 ac lot Built 1978
Last sale Jan 2020 · $50,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Industrial/warehouse facility located adjacent to Albany International Airport in Latham, NY. Built in 2013, the site comprises two buildings on an approximately 1.1-acre lot. One single-story building provides approximately 6,000 square feet of space arranged for distribution, logistics, storage, or light manufacturing uses. The property includes ample on-site parking and provides truck-friendly access for loading and operations. The site is positioned with access to Route 7 and I-87…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$270k
Assessed land$83k
Assessed improvement$188k

Value estimate

· Oct 2026
$165k
$149k – $182k
AI approach$165k
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$6k
Operating expenses−$42k
NOI · 778,050.00% cap applied$78k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$43/SF
County average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$22 – $64

Cap rate analysis

How does the asset earn?
778,050.00%
$78k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
17
JurisdictionALBANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
Pharmacy9.6
Auto Parts Store9.2

Location

8 Northway Ln Latham, NY 12110
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
881 Old Albany Shaker, Latham, NY 12110-1408 $1,100,000 Apr 2022 27,520 SF
17 Northway, Latham, NY 12110-4810 $1,000,000 Feb 2021 12,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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