471 Albany Shaker RdLoudonville, NY 12211

Property Details for 471 Albany Shaker Rd

Year built

1980

Lot size

1.70 AC

Property size (Sq ft)

21,727 SF

Zone code

13

Property type

Retail properties

Property subtype

Strip malls

APN

012689 43.3-1-7

APU

1268943317

Description

This exceptional commercial property, located at 471 Albany Shaker Road in Loudonville, New York, presents a unique investment opportunity. Situated on a generous 1.7-acre lot, this office building offers significant potential for a variety of uses. While the precise square footage is currently unavailable, the expansive land area allows for considerable flexibility in development or expansion. The property's address in Loudonville provides convenient access to major transportation routes, ensuring easy commutes for employees and clients alike. The strategic location within this thriving community offers strong visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence. This is a blank canvas for a discerning buyer to create a thriving commercial space tailored to their specific needs. The absence of a listed price reflects the opportunity for negotiation and allows for a tailored transaction to suit the buyer's financial objectives. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property's size and location make it a highly desirable asset in the competitive Loudonville commercial real estate market. Further details regarding the building's specifications can be provided upon request. Don't miss this chance to acquire a substantial commercial property with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,934,066

  6.5%

  $7,323,753

  7%

  $6,800,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,201,988

  Geo Method

  $7,153,902

• Alternative Use

  Use

  Valuation

  Residential

  $6,177,860

  Hospitality

  $5,658,886

  Educational

  $4,708,127

  Medical

  $4,870,046

  Retail

  $7,323,753

Location Insight

City

Loudonville

County

Albany

State

New York

Latitude

42.7074

Longitude

-73.777

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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