Technical
Financial
Distress signals
Property profile

751 State Rte 40 Melrose, NY 12121

OFF-MARKET
Gas stations
Property ID
US63-2674903
5,100 SF 0.42 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1960
Total area 5,100 SF
Lot 0.42 ac (18,295 SF)
Zoning code HD
APN 384289 51.3-1-6
UPID US63-2674903

Cap rate & NOI

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

Location

751 State Rte 40 Melrose, NY 12121
Melrose metro Census 51902 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2026
2 recorded transactions
2026
$180,000
2025
$180,000

Zoning & alternative use

HD · Melrose, NY

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
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