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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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