$1,000,000
$2M PRICE DROP

Estimated payment $5,984/month

Total Views 11,660
1.28 Acres
$781,250 Price per Acre
55,757 Sq Ft Lot

About This Lot

Incredible Commercial Opportunity in Prime Albany Location! This listing includes 14, 16, and 18 Rapp Rd, totaling 1.28 acres of highly visible and accessible land located just off Washington Ave Ext and minutes from Crossgates Mall, I-87, and I-90. Zoned Commercial/General Business (GB), this property supports a wide variety of development options including retail, office, mixed-use, medical, or hospitality. The existing home at 14 Rapp is a tear-down, giving way to a clean redevelopment slate. With major national retailers, hotels, and offices nearby, this site is perfectly positioned to capitalize on high traffic and area growth. Municipal utilities available at the street. A true investment in Albany's future bring your site plan and start building!

Listing Agent

Scott Varley

KW Platform License #30VA0727304 Listed on: 05/01/2025

KW Platform

Co-Listing Agent

Chelsea Barraco

KW Platform License #10401388264

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,878

Lot Details

  • 1.28 Acre Lot

Home Design

  • Mixed Use

Schools

  • Albany High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 42.1 / 2
  • Assessor Parcel Number 010100 52.6-2-42.1

Property Details

Property Type

Land

Est. Annual Taxes

$7,878

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Mixed Use
  • Directions: At the traffic circle, take the 2nd exit onto Crossgates Mall Rd 0.7 mi Continue straight onto Rapp Rd
  • Financial Details General Taxes: 4332.43
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 3545.12
  • School Taxes Description: Estimated
  • Lot Size Acres: 1.28
  • Co List Office Mls Id: o2015A
  • Co List Office Phone: 518-724-5800
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Current Use: Other
  • Parcel #: 010100 52.6-2-42.1
  • Lot Size Sq Ft: 55756.8

Tax Info

  • Tax Annual Amount: 7877.55
  • Tax Block: 2
  • Tax Lot: 42.1
  • Tax Tract: 52.6

MLS Schools

  • HighSchool: Albany

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,090 $135,000 $27,000 $108,000
2023 $2,727 $82,500 $24,000 $58,500
2022 $1,810 $82,500 $24,000 $58,500
2021 $1,803 $82,500 $24,000 $58,500
2020 $1,886 $82,500 $24,000 $58,500
2019 $3,248 $82,500 $24,000 $58,500
2018 $1,768 $82,500 $24,000 $58,500
2017 $1,198 $82,500 $24,000 $58,500
2016 $1,726 $82,500 $24,000 $58,500
2015 $3,150 $121,000 $24,200 $96,800
2014 -- $121,000 $24,200 $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $1,000,000 -23.1% --
08/08/2025 08/08/25 Price Changed $1,300,000 -48.0% --
05/01/2025 05/01/25 For Sale $2,500,000 -- --
Source: Global MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,202 New Conventional
Open $100,000 New Conventional
Source: Public Records

Source: Global MLS

MLS Number: 202516455

Global MLS

APN: 010100-052-006-0002-042-001-0000