158 Railroad AveAlbany, NY 12205

  • Commercial land
  • 0.47 AC
For Lease
$7.95/SF/YR View listing

Property Details for 158 Railroad Ave

Year built
1980
Lot size
0.47 AC
Zone code
15
Property type
Commercial land
APN
012689 42.13-3-1.2
APU
126894213312

Description

This ±5,530 square foot warehouse is available for lease at 158 Railroad Avenue in Albany, New York, zip code 12205. The property is situated in the Railroad Avenue Business District of Colonie, NY, and is classified as an industrial property with a single-tenant occupancy. The building offers ample space ideal for various warehouse operations. Its location provides convenient access to major transportation routes, enhancing logistical efficiency for businesses requiring easy access to distribution networks. The property's single-tenant configuration offers a streamlined operational environment, minimizing complexities associated with multi-tenant properties. This presents a unique opportunity for a business seeking a dedicated and spacious warehouse facility in a well-established commercial area. The building's size is well-suited for a range of businesses, from storage and distribution to light manufacturing or assembly. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this property for their specific operational needs. The property's precise location within the Railroad Avenue Business District offers potential advantages in terms of visibility and accessibility. This single-tenant warehouse presents a straightforward and efficient solution for businesses requiring a dedicated space for their operations. The property's size and location make it a compelling option for companies seeking to establish or expand their presence in the Albany, New York area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,821,297
    Hospitality
    $5,332,276
    Educational
    $4,436,392
    Medical
    $4,588,966
    Retail
    $6,901,054

Location Insight

City
Colonie
County
Albany
State
New York
Latitude
42.7062
Longitude
-73.8262
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
-
$50,000
-
$50,000
-
$98,000
-
$98,000

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