Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    704 Pearl St Menands, NY 12204

    • Turn key restaurants
    • 2,940 SF
    • 0.23 lot acres
    For Sale
    View listing
    $499,900
    Value Estimation
    Last Sale
    Feb 19, 2025
    $475,000
    Location Intelligence
    Property ID
    US63-2074116
    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

    • Turn key restaurants

    Property Details for 704 Pearl St

    Year built
    1920
    Lot size
    0.23 lot acres
    Property size
    2,940 SF
    Zone code
    81
    Property type
    Turn key restaurants
    APN
    012603 54.20-3-37
    APU
    126035420337

    Description

    This exceptional commercial property, located at 704 N Pearl St Unit 704 in Menands, NY, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this "Other" property type offers significant potential for a variety of commercial uses. The asking price is $499,900. The property's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for development or expansion. Its Menands location offers easy access to major transportation routes, providing excellent connectivity for businesses. The property's versatility makes it suitable for a range of commercial ventures, from retail to office space, or potentially even a mixed-use development. Given the strategic location and the size of the land parcel, this property represents a compelling investment prospect for those seeking a foothold in the thriving Menands commercial market. Further due diligence is encouraged to fully assess the property's potential and suitability for specific business plans. Interested parties should conduct their own independent investigation to confirm all aspects of the property and its suitability for their intended use. The property is offered as-is.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $545,000
      6.5%
      $520,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $595,000
      Mixed-Use
      $535,000
      Hospitality
      $590,000
      Educational
      $545,000
      Residential Income
      $495,000
      Energy
      $450,000
      Income-Based Land
      $450,000
      Food Service
      $575,000

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.7372
    Latitude
    42.6777
    CBSA code
    10580
    CBSA name
    ALBANY-SCHENECTADY-TROY, NY METROPOLITAN 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
    $19,600
    $109,400
    $129,000
    -
    $38,425
    $214,475
    $252,900

    Comparable in this City

    • Value Estimation by Request
      800 SF

      1144 Broadway

      RESTAURANT • 800 SF
      1144 Broadway, Menands, NY 12204-2621
      View Details
    • Value Estimation
      $210,000
      1,876 SF

      327 Broadway

      RESTAURANT • 1,876 SF
      327 Broadway, Menands, NY 12204-2707
      View Details
    • Value Estimation by Request
      2,948 SF

      578 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,948 SF
      578 Broadway, Menands, NY 12204-2802
      View Details
    • Value Estimation by Request
      1,156 SF

      79 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,156 SF
      79 Broadway, Menands, NY 12204-2728
      View Details
    • Value Estimation by Request
      3,629 SF

      54 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,629 SF
      54 Broadway, Menands, NY 12204-2702
      View Details
    • Value Estimation
      $265,000
      2,400 SF

      112 Broadway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,400 SF
      112 Broadway, Menands, NY 12204-2702
      View Details

    Similar Nearby for Sale

    • $550,000
      1,876 SF

      Established Restaurant and Bar

      Profitable 2,000 sqft restaurant and bar with strong recurring sales.
      327 Broadway, Menands, NY 12204
      View Details
    • $975,000
      5,273 SF

      17 Erie St

      Distribution properties • 5,273 SF
      17 Erie St, Albany, NY 12204
      View Details
    • $499,900
      0.23 Acres

      Menands Commercial Building Opportunity

      Prime 0.23-acre Menands location. High potential investment.
      704 Pearl St, Menands, NY 12204
      View Details
    • $339,900
      Pending

      Charming Albany Duplex Investment Opportunity

      Twin-home duplex in Menands, ideal for investors or owner-occupants.
      19-21 Bonheim St, Albany, NY 12204
      View Details
    • $300,000

      Residential Land in Menands Community

      2.2 acres to build your dream home.
      112 Woods Ln, Menands, NY 12204
      View Details
    • $199,000
      4.40 Acres

      Prime Menands Land Opportunity

      4.4 Acres, Ideal Development Site
      21 Irving Pl, Menands, NY 12204
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      6,226 SF

      Albany Retail Space: Prime Location

      High-traffic retail space near Samaritan Hospital.
      500 Northern Blvd, Albany, NY 12204
      View Details
    • $8 SF/Yr
      43,200 SF

      Renovated Retail Suites Available

      Retail suites available in renovated Mid City Plaza.
      90 Broadway, Menands, NY 12204
      View Details
    • $8 SF/Yr
      43,200 SF

      Renovated Retail Suites in Mid City Plaza

      Retail suites available in renovated plaza with high foot traffic.
      90 Broadway, Menands, NY 12204
      View Details
    • $8 SF/Yr

      Renovated Retail Suites Available

      Retail suites available in recently renovated Mid City Plaza.
      90 Broadway, Menands, NY 12204
      View Details
    • $16 SF/Yr
      7,996 SF

      Remodeled Loudon Plaza Suites Available

      Office and retail suites available in Loudon Plaza.
      350 Northern Blvd, Albany, NY 12204
      View Details
    • $3,500 /Mo
      2,500 SF

      Storefront Space with Outdoor Patio

      2500 SF storefront with open layout and outdoor patio.
      575 Broadway, Albany, NY 12204
      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.
    704 Pearl St
    Menands, NY 12204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.