Property profile

7 Thomas St Salem, NY 12865

OFF-MARKET
Warehouses
Property ID
US63-5415774
8,325 SF 5.93 ac lot Built 1950
Entity Owned 24-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 8,325 SF
Lot 5.93 ac (258,311 SF)
APN 534800 208.-2-86
UPID US63-5415774

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

7 Thomas St Salem, NY 12865-9710
Salem metro Census 90000 GLENS FALLS, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$960k
Comparable Approach Comparable
$723k
Blend (final) Blend
$840k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.1M +124.7%
Retail stores $1.0M +119.7%
Office building $855,000 +82.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Thomas St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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