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

    267 Andrews St Massena, NY 13662-3401

    • Medical Office Space
    • 6,750 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1658654
    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

    • Mrs. Roxanne Roberts / Physician

    Property Details for 267 Andrews St

    Year built
    2001
    Lot size
    0.93 lot acres
    Property size
    6,750 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    405201 9.073-6-5.2
    APU
    4052019073652

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $695,000
      Market price range: $232k - $778k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $545,000
      Current use
      RETAIL STORES
      $745,000
      Change: +37% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $670,000
      Change: +23% Conversion: Easy
      RESTAURANT
      $610,000
      Change: +13% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $595,000
      Change: +10% Conversion: Difficult
      OFFICE BUILDING
      $525,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Massena
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.9152
    Latitude
    44.9228
    CBSA code
    36300
    CBSA name
    OGDENSBURG-MASSENA, 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
    0
    $0.00
    $100,000
    $624,600
    $724,600
    -
    $153,846
    $960,923
    $1,114,769

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      190 Harte Hvn Plz

      MEDICAL CLINIC • 3,500 SF
      190 Harte Hvn Plz, Massena, NY 13662-2618
      View Details
    • Value Estimation
      $945,000
      8,160 SF

      271 Andrews St, Unit 273

      MEDICAL CLINIC • 8,160 SF
      271 Andrews St, Massena, NY 13662-3401
      View Details
    • Value Estimation
      $1,650,000
      14,688 SF

      100 County Rte 43

      MEDICAL CLINIC • 14,688 SF
      100 County Rte 43, Massena, NY 13662-4104
      View Details
    • Value Estimation
      $1,140,000
      9,935 SF

      181 Maple St

      MEDICAL CLINIC • 9,935 SF
      181 Maple St, Massena, NY 13662-1012
      View Details
    • Value Estimation
      $2,280,000
      120,000 SF

      89 Grv St

      MEDICAL CLINIC • 120,000 SF
      89 Grv St, Massena, NY 13662-2615
      View Details
    • Value Estimation
      $670,000
      5,132 SF

      290 Main St

      MEDICAL CLINIC • 5,132 SF
      290 Main St, Massena, NY 13662-1901
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      New Retail Property For Sale

      Recently built retail property with attractive annual rental increases.
      190 Harte Haven Plz, Massena, NY 13662
      View Details
    • New
      $399,000
      6,366 SF

      Massena Medical Building Opportunity

      Multi-family/commercial building in downtown Massena, near Canadian border.
      72 Main St, Massena, NY 13662
      View Details
    • $159,000
      1,280 SF

      Massena Office Building For Sale

      Well-maintained office building in downtown Massena, suitable for various uses.
      1 Garvin Ave, Massena, NY 13662
      View Details
    • $275,000

      Versatile Commercial Property in Massena

      7000 sqft warehouse, office, kitchen, and garage space in Massena.
      52 Center St, Massena, NY 13662
      View Details
    • $400,000
      6,000 SF

      Commercial Building in Massena, NY

      6000 sq ft commercial building in the heart of Massena.
      35 Glenn St, Massena, NY 13662
      View Details
    • $350,000
      0.74 Acres

      Commercial Land Near Canadian Border

      Commercial property near the Canadian border and proposed data center location.
      527 County Route 42, Massena, NY 13662
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,638 SF

      Prime Medical Office Near Hospital

      Well-maintained commercial property across from Massena Hospital, suitable for medical/professional use.
      2 Hospital Dr, Massena, NY 13662
      View Details
    • $6 SF/Yr
      56,717 SF

      Massena Industrial Property

      56,717 SF Manufacturing/Warehouse
      6102 Ny-37, Massena, NY 13662
      View Details
    • Contact for pricing
      548,856 SF

      Massena Commercial Land Opportunity

      Prime 12.6-acre commercial lot, build-to-suit.
      6200 Ny-37, Massena, NY 13662
      View Details
    • Contact for pricing
      11,130 SF

      Former Pharmacy in Downtown Massena

      High-visibility corner lot available for lease or redevelopment.
      87 Main St, Massena, NY 13662
      View Details
    • $6 SF/Yr
      56,717 SF

      Massena Retail Space - 56,717 SF

      High-traffic grocery store, prime location.
      6100 Ny-37, Massena, NY 13662
      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.
    267 Andrews St
    Massena, NY 13662-3401
    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!