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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Warehouses
27 Thatcher St, Albany, NY 12207-3003
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-0570427
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1840
Total area
37,110 SF
Lot
1.96 ac (85,377 SF)
Zoning code
M1
APN
010100 65.16-4-26.1
UPID
US63-0570427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.06M
Owner & transaction history
Mccuda LLC · 15 yrs held
Mccuda LLC
since 2010
5 recorded transactions
Zoning & alternative use
M1 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$28 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$839,000
Assessed 2023
Previous assessed
$839,000
+0.0% YoY
Assessed land
$832,400
Assessed improvement
$6,600
Land market value
$1,175,208
Improvement market value
$9,318
Total market value
$1,184,526
Applied tax rate
10,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1840
Heating
NONE
Buildings
1
Stories
2
Total area
37,110 SF
Lot
1.96 ac (85,377 SF)
Zoning code
M1
APN
010100 65.16-4-26.1
UPID
US63-0570427
Jurisdiction
ALBANY
Zoning & alternative use
M1 · Albany, NY
Zoning M1 · permitted uses
M1 · Albany, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Albany. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1840
Heating
NONE
Stories
2
Buildings
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
Mccuda LLC
Entity
Mailing address
27 THATCHER ST, ALBANY, NY 12207-3003
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2017
—
All Lifts Realty LLC
—
Loan Modification, Consolidation And Extension
related
$1,200,000 · Keybank USA
Sep 16, 2010
$75,000
Mccuda LLC
All-lifts Realty LLC
Quit Claim Deed
related
—
—
—
All Lifts Realty LLC
—
Loan Modification
related
$940,183 · First Niagara Bank
—
—
All Lifts Realty LLC
—
Deed Of Trust
related
$150,000 · First Niagara Bank
—
—
All Lifts Realty LLC
—
Deed Of Trust
related
$570,816 · Keybank USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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