14 Commercial AveAlbany, NY 12205

  • Warehouses
  • 43,448 SF
For Lease
$6.95/SF/YR View listing

Property Details for 14 Commercial Ave

Year built
1960
Lot size
2.10 AC
Property size (Sq ft)
43,448 SF
Zone code
15
Property type
Warehouses
APN
012689 53.5-4-21
APU
12689535421

Description

This ±43,829 square foot industrial warehouse in Colonie, NY, offers a ±32,119 square foot space currently available for lease. The single-story building features a ceiling height ranging from 16 to 20 feet, providing ample vertical space. Loading capabilities include one 14-foot overhead grade-level door, one 8x8-foot loading dock, and a three-spot loading dock canopy with levelor. The property also boasts an in-place racking system with shelving, ideal for storage and organization. Additional features include 25 total parking spaces, one drive-in door, and a robust power supply of 208 amp/800 volt/3-phase power. The building benefits from recent upgrades, including a new roof (2011), an updated warehouse heater, LED lighting, a wet sprinkler system, and a security and fire alarm system. Dual feed fiber and BIG ASS™ fans further enhance the property's functionality and efficiency. The property is zoned industrial and has an APN of 53.5-4-21. This well-maintained, clean space presents a significant opportunity for businesses seeking efficient and modern warehouse facilities. The available space includes approximately 29,819 square feet of warehouse space and 2,300 square feet of office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,354,013
    Hospitality
    $11,316,210
    Educational
    $9,414,954
    Medical
    $9,738,748
    Retail
    $14,645,483

Location Insight

City
Colonie
County
Albany
State
New York
Latitude
42.6972
Longitude
-73.823
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
-
$157,500
$1,150,200
$1,307,700
-
$308,821
$2,255,279
$2,564,100

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