4 Avis DrLatham, NY 12110

Property Details for 4 Avis Dr

Year built

1968

Lot size

2.85 AC

Property size (Sq ft)

20,256 SF

Zone code

17

Property type

Office buildings

APN

012689 19.3-1-10.3

APU

126891931103

Description

This exceptional commercial property, located at 4 Avis Drive in Latham, NY 12110, offers a unique opportunity to lease office or medical space. The building totals approximately 20,256 square feet and sits on a 2.85-acre lot, providing ample parking with 90 spaces. Currently, there is approximately 5,884 square feet of vacant space available for lease. The building features two available suites: Suite 101, offering approximately 5,425 rentable square feet, and Suite 107, offering approximately 459 rentable square feet. Both suites are ideal for a variety of office or medical uses. The building boasts a 9-foot ceiling height and a robust 1200-amp power supply. The property is categorized as a single-tenant building, although the available space is divisible to accommodate multiple tenants. This property is conveniently located in Latham, offering easy access to major transportation routes and amenities. The building's size and features make it suitable for a range of businesses seeking a well-maintained and functional workspace in a desirable location. Inquire today to learn more about leasing options and explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $5,031,904

  6.5%

  $4,644,835

  7%

  $4,313,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,664,439

  Geo Method

  $2,646,649

• Alternative Use

  Use

  Valuation

  Residential

  $5,759,595

  Hospitality

  $5,275,758

  Educational

  $4,389,369

  Medical

  $4,540,326

  Retail

  $6,827,907

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.7534

Longitude

-73.7772

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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