601 Troy Schenectady RdLatham, NY 12110

Property Details for 601 Troy Schenectady Rd

Year built

1995

Lot size

9.92 AC

Property size (Sq ft)

6,904 SF

Zone code

16

Property type

Super regional malls

APN

012689 19.3-3-4

APU

1268919334

Description

This exceptional 5,000 square foot retail space is available for lease in the vibrant Latham, New York market. Located at 601 Troy Schenectady Road, this property offers a prime location with ample parking for customers and employees. The building is classified as a commercial strip center, providing excellent visibility and accessibility. The entire 5,000 square feet is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence or for multiple tenants to create a thriving retail hub. The property is situated in Albany County, New York, with a convenient zip code of 12110. Its strategic location within Latham ensures high traffic volume and exposure to a diverse customer base. This is an ideal opportunity for businesses seeking a well-maintained, spacious retail space in a bustling commercial area. The property's size and layout offer considerable flexibility for various retail concepts. The ample parking ensures convenient access for customers, enhancing the overall shopping experience. This turnkey retail space is ready for immediate occupancy, allowing businesses to quickly establish their operations and capitalize on the prime location. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property is conveniently located in Latham, NY, offering easy access to major transportation routes and a thriving local community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,521,139

  6.5%

  $2,327,205

  7%

  $2,160,976

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,288,513

  Geo Method

  $2,273,233

• Alternative Use

  Use

  Valuation

  Residential

  $1,963,085

  Hospitality

  $1,798,175

  Educational

  $1,496,061

  Medical

  $1,547,512

  Retail

  $2,327,205

Location Insight

City

Latham

County

Albany

State

New York

Latitude

42.754

Longitude

-73.7664

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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