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Albany, NY 12203
Asking Price
$900K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large commercial land parcel spans 217.13 acres in Albany.
  • Property is listed for sale at a price of $900,000.
  • Located within the 12203 zip code of New York.
  • Site supports diverse potential commercial or corporate use cases.
  • Region offers strong economic ties to government and technology.

What's Special

This 217.13-acre commercial land parcel occupies a strategic position in Albany, New York. Positioned within the Capital District, the property benefits from the region's diverse economic base, which is anchored by state government operations, higher education institutions, and a growing technology sector. The scale of this acreage provides substantial flexibility for developers or investors looking to establish a large-scale commercial project within the zip code 12203. The expanse of the site allows for varied development configurations, ranging from corporate campus facilities to logistics hubs or mixed-use commercial ventures, supported by the area's established regional connectivity and access to primary transportation corridors. Its location within the greater Albany market ensures proximity to key infrastructure and a robust regional workforce, making it a viable candidate for long-term commercial investment.

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NOI
$80,000
Cap Rate
8.89%
DSCR
1.50
Strong
Cash-on-Cash
9.84%
Monthly Payment
$4,452.709
Annual Cash Flow
$26,567.493

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