Warehouses for sale in Albany offer a unique opportunity for investors to tap into the city's rich history, cultural attractions, and strong economy. As the capital of New York, Albany boasts a diverse range of industries, including finance, technology, and state government, making it an attractive location for businesses and entrepreneurs. Warehouses in Albany can represent a variety of investments, from storage and distribution facilities to light industrial and manufacturing spaces. With its strategic location along the Hudson River, Albany offers easy access to major transportation hubs, including Albany International Airport, the Capital District Transportation Authority, and the Port of Albany-Rensselaer. The city's infrastructure, including the Northway, Interstate 90, and Interstate 787, makes it an ideal location for businesses that require easy transportation and logistics. Additionally, Albany is home to several institutions of higher education, including Albany Medical College, Albany Law School, and the University at Albany, providing a skilled and educated workforce. With its unique blend of history, culture, and economic opportunities, Albany is an attractive location for businesses and investors alike.
With 5 warehouses for sale in Albany, investors have a range of options to choose from. These warehouses offer a variety of characteristics, including amenities such as loading docks, cranes, and office spaces, as well as proximity to major transportation hubs and institutions of higher education. In addition to warehouses, Albany also offers a range of other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Albany offer opportunities for light manufacturing and distribution, while land provides a blank canvas for development. Residential income homes offer a steady stream of revenue, and commercial real estate provides opportunities for retail and office space. With its diverse range of property types and strong economy, Albany is an attractive location for investors and businesses alike.
What are the key features investors look for in warehouses in Albany?
When searching for warehouses in Albany, investors typically look for properties that offer a strategic location, convenient access to major transportation hubs, and a range of amenities that support their business operations.
- Proximity to major transportation facilities such as Albany International Airport, the Albany-Rensselaer Amtrak station, and the Port of Albany-Rensselaer, which provide easy access to regional and national markets.
- Average cap rate of 7.41%, which indicates a strong potential for returns on investment, and average price per square foot of $109 USD, which can help investors determine the overall value of the property.
- Warehouse sizes ranging from 18,143 square feet to 54,704 square feet, which can accommodate a variety of business needs and operations, and with 5 available listings, investors have a range of options to choose from.
What size warehouses are available to buy in Albany?
When it comes to warehouses for sale in Albany, you'll find a range of sizes to suit your needs, with an average size of 18,143 square feet and a maximum size of 54,704 square feet, among the 5 available listings.
How much does it cost to buy a warehouse in Albany?
Currently, there are 5 warehouse listings available for sale in Albany, with an average price per square foot of $109 USD and an average size of 18,143 square feet, ranging from smaller facilities to larger ones that span up to 54,704 square feet, and offering an average cap rate of 7.41%.
