10 Glenridge RdGlenville, NY 12302

  • Retail space
  • 32,169 SF
For Lease

Property Details for 10 Glenridge Rd

Lot size
3.57 AC
Property size (Sq ft)
32,169 SF
Zone code
CON
Property type
Retail space
APN
422289 22.11-4-15.121
APU
4222892211415121

Description

This 36,000 square foot shopping center in Glenville, NY, offers three available retail spaces ranging from 1,425 to 1,900 contiguous square feet, with a total of 3,325 square feet currently vacant. The property is situated on a 3.57-acre lot at the high-traffic intersection of Route 50 and Glenridge Road, boasting combined daily traffic counts of approximately 30,000 vehicles. This prime location draws customers from Glenville, Scotia, and surrounding communities in Schenectady and Saratoga counties. The center benefits from strong co-tenancy with established businesses including Target, Panera Bread, Visionworks, Mattress Firm, Pet Supplies Plus, T-Mobile, H&R Block, ZoomTan, Hair Studio One, and SuperNail & Spa. Ample parking is provided with 728 spaces. The property is zoned for General Business use within Schenectady County and offers a minimum divisible space of 1,425 square feet. This presents a unique opportunity for retailers seeking high visibility and access to a substantial customer base in a thriving commercial area. The address is 10 Glenridge Rd, Glenville, NY 12302.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,747,179
    6.5%
    $10,843,550
    7%
    $10,069,011
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,663,265
    Geo Method
    $10,592,068
  • Alternative Use

    Use
    Valuation
    Residential
    $9,146,940
    Hospitality
    $8,378,548
    Educational
    $6,970,854
    Medical
    $7,210,592
    Retail
    $10,843,550
10 Glenridge Rd, Glenville, New York

Location Insight

City
Schenectady
County
Schenectady
State
New York
Latitude
42.868
Longitude
-73.93
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
-
$512,000
$3,449,995
$3,961,995
-
$752,941
$5,073,522
$5,826,463

FAQs

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