2 Lear Jet LnLatham, NY 12110

  • Commercial land
  • 10.06 AC
For Lease
$14/SF/YR View listing

Property Details for 2 Lear Jet Ln

Lot size
10.06 AC
Zone code
12
Property type
Commercial land
APN
012689 19.3-1-37.11
APU
1268919313711

Description

This exceptional new industrial property in Latham, NY, offers 54,000 square feet of flexible space across three single-story buildings. Located at 2 Lear Jet Ln, this 10-acre site provides convenient access to I-87 and Route 7, placing businesses near major transportation arteries and a variety of retail and dining options. The property boasts energy-efficient design, including LED lighting and modern HVAC systems. Units range from 3,000 to 12,000 contiguous square feet, ideal for a variety of users, including storage facilities, small warehouse operations, and e-commerce businesses. Each unit is customizable, with build-to-suit office space featuring reception areas, kitchenettes, and bathrooms. Loading capabilities include drive-in doors and in-unit loading docks for larger spaces. Currently, 42,000 square feet is available for lease, with lease terms ranging from five to ten years. The property's location in Albany County offers high visibility near Albany International Airport and benefits from proximity to established professional and industrial tenants. This prime location provides easy access to a strong workforce and a thriving business community. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $124,601,856
    Hospitality
    $114,134,632
    Educational
    $94,958,672
    Medical
    $98,224,448
    Retail
    $147,713,488

Location Insight

City
Latham
County
Albany
State
New York
Latitude
42.7519
Longitude
-73.7816
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
-
$320,000
-
$320,000
-
$627,500
-
$627,500

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