40 Media DrQueensbury, NY 12804

Property Details for 40 Media Dr

Year built

2007

Lot size

6.18 AC

Property size (Sq ft)

66,008 SF

Zone code

MS

Property type

Office buildings

APN

523400 309.10-1-82.1

APU

523400309101821

Description

This exceptional Class A office building at 40 Media Drive offers a rare opportunity for businesses seeking premium space. The single-tenant building, constructed in 2007, boasts a total of 66,060 square feet, with 41,234 square feet currently available. The property is situated on a generous 6.75-acre lot, providing ample space and visibility. The building features a two-story design with a 10-foot ceiling height, creating a bright and spacious environment. Parking is abundant, with 425 private spaces available for tenants and their guests. The building is equipped with robust power capabilities, including 480 Volts, 1600 Amp, 3-phase power. Its convenient location off Exit 18 of the Adirondack Northway (I-87) ensures easy access for employees and clients. The property is zoned for commercial use and offers excellent signage opportunities, both monument and building signage are available. This is an ideal location for a variety of businesses, from traditional office spaces to executive suites and medical offices. The flexible space allows for customization to meet specific business needs. Don't miss this chance to secure a prime location for your business's future growth.

• CAP approach

  CAP return

  Valuation

  6%

  $16,397,410

  6.5%

  $15,136,071

  7%

  $14,054,923

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,682,577

  Geo Method

  $8,624,605

• Alternative Use

  Use

  Valuation

  Residential

  $18,768,728

  Hospitality

  $17,192,054

  Educational

  $14,303,587

  Medical

  $14,795,509

  Retail

  $22,250,024

Location Insight

City

Queensbury

County

Warren

State

New York

Latitude

43.3012

Longitude

-73.6758

CBSA code

24020

CBSA name

GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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