Technical
Financial
Distress signals
Property profile

807 State Rte 40 Melrose, NY 12121

OFF-MARKET
Investment properties
Property ID
US63-3077096
2,767 SF 1.62 ac lot Built 1997
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1997
Total area 2,767 SF
Lot 1.62 ac (70,567 SF)
Zoning code RA
APN 384289 51.2-3-1.112
UPID US63-3077096

Cap rate & NOI

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

Location

807 State Rte 40 Melrose, NY 12121-9998
Melrose metro Census 51902 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2010
$248,000

Zoning & alternative use

RA · 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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