Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21 Salerno Dr Hudson, NY 12534-3526

    • Warehouses
    • 4,000 SF
    • 5.63 lot acres
    OFF-MARKET
    Last Sale
    Aug 03, 2021
    $576,910
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    9.2%
    Warehouses
    Location Intelligence
    Property ID
    US63-3447521
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 21 Salerno Dr

    Year built
    1993
    Lot size
    5.63 lot acres
    Property size
    4,000 SF
    Zone code
    07 - MIXED
    Property type
    Warehouses
    APN
    102889 101.-2-2.120
    APU
    10288910122120

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $730,000
      ML approach
      $725,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $401,000
      Market price range: $110k - $402k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $420,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Columbia
    State
    New York
    Longitude
    -73.7194
    Latitude
    42.2757
    CBSA code
    26460
    CBSA name
    HUDSON, NY MICROPOLITAN 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
    2021
    $4,095
    $58,200
    $641,800
    $700,000
    -
    $76,579
    $844,474
    $921,053

    Comparable in this City

    • Value Estimation by Request
      51,448 SF

      2990 Us-9

      Refrigerated & Cold Storages • 51,448 SF
      2990 Us-9, Hudson, NY 12534
      View Details
    • Value Estimation by Request
      2,320 SF

      Rt 25

      WAREHOUSE, STORAGE • 2,320 SF
      Rt 25, Hudson, NY 12534
      View Details
    • Value Estimation
      $4,390,000
      305,070 SF

      99 3rd St

      WAREHOUSE, STORAGE • 305,070 SF
      99 3rd St, Hudson, NY 12534-2172
      View Details
    • Value Estimation by Request
      5,144 SF

      10-14 Allen St

      WAREHOUSE, STORAGE • 5,144 SF
      10-14 Allen St, Hudson, NY 12534
      View Details
    • Value Estimation by Request
      2,000 SF

      90 Healy Blvd

      BULK STORAGE, TANKS • 2,000 SF
      90 Healy Blvd, Hudson, NY 12534-1511
      View Details
    • Value Estimation by Request
      6,400 SF

      76 Industrial Tract Anx

      BULK STORAGE, TANKS • 6,400 SF
      76 Industrial Tract Anx, Hudson, NY 12534
      View Details

    Similar Nearby for Sale

    • $2,975,000
      51,448 SF

      Prime Hudson Cold Storage Facility

      51,448 SF Cold Storage Warehouse - $2.975M
      2990 Us-9, Hudson, NY 12534
      View Details
    • $549,000
      14.33 Acres

      Livingston Commercial Acreage on Route 9

      13.95 acres on Route 9 with self-storage units.
      3927 Rte 9, Livingston, NY 12534
      View Details
    • $1,495,000
      3,900 SF

      8 Park Pl, Hudson, NY 12534

      Commercial real estate • 3,900 SF
      8 Park Pl, Hudson, NY 12534
      View Details
    • $574,900
      2,156 SF

      Hudson Two-Family Near Warren Street

      Two-family property in prime Hudson location near amenities.
      544 State St, Hudson, NY 12534
      View Details
    • Contact for pricing

      Claverack Commercial Property with Residence

      Established garage with apartment, equipment, and business included in sale.
      753 Route 217, Hudson, NY 12534
      View Details
    • $1,575,000
      3,936 SF

      Warren Street Multi-Use Building

      Renovated mixed-use building in Hudson's prime location.
      508 Warren St, Hudson, NY 12534
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      51,448 SF

      Hudson NY Cold Storage Facility

      Prime Cold Storage Warehouse - 51,448 SF
      2990 Us-9, Hudson, NY 12534
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space with Excellent Visibility

      Inline retail space available for rent with abundant parking.
      2827 Us Route 9, Hudson, NY 12534
      View Details
    • Contact for pricing
      4,125 SF

      Retail Space in Shopping Center

      Retail spaces available in Columbia County's large shopping center.
      149 Fairview Ave, Hudson, NY 12534
      View Details
    • $5,000 /Mo
      1,520 SF

      New Hudson Depot Lofts Retail

      Prime retail/hospitality/office spaces in Hudson's Depot District.
      76 North 7Th St, Hudson, NY 12534
      View Details
    • $1.00 SF/Yr
      152,600 SF

      Retail Space on Fairview Avenue

      Retail spaces available for lease in Hudson, NY.
      350 Fairview Ave, Hudson, NY 12534
      View Details
    • Contact for pricing
      1,000 SF

      Renovated Commercial Space on Warren

      Modern, renovated commercial unit with private outdoor space for lease.
      134 Warren St, Hudson, NY 12534
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 Salerno Dr
    Hudson, NY 12534-3526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!