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    Property profile & analytics

    2499 Browncroft Blvd Rochester, NY 14625

    • Gas stations
    • 0.88 lot acres
    For Sale
    View listing
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3507960
    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

    • Synergy Environmental Inc / Environmental Consultant

    Property Details for 2499 Browncroft Blvd

    Lot size
    0.88 lot acres
    Property type
    Gas stations

    Description

    This 0.88-acre commercial land parcel at 2499 Browncroft Blvd in Rochester, NY (zip code 14625), Monroe County, presents a unique investment opportunity. Located at a signalized intersection, this property boasts strong traffic counts and offers significant potential for redevelopment. Previously a gas station, the site features two curb cuts on each roadway and one additional curb cut accessing the parcel. The property is zoned for Limited Business use, making it suitable for a variety of commercial ventures, including a convenience store, gas station, or restaurant. Please note that there is an open case with the New York State Department of Environmental Conservation (NYSDEC) concerning a 20' x 20' area of the site. Environmental sampling is ongoing for the next six months. If the samples indicate further remediation is needed, the seller will cover all associated costs to obtain a closure letter from the NYSDEC. This remediation liability is limited to the specified small area. The asking price for this strategically located property is $250,000. This is a prime opportunity for an investor seeking a high-traffic location with redevelopment potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.505736
    Latitude
    43.153339

    Comparable in this City

    • $250,000

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      Land parcel suitable for office or restaurant with drive-through.
      2499 Browncroft Blvd, Rochester, NY 14625
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      Industrial Property in Pittsford, NY

      Industrial property available for sale in Pittsford, NY.
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    Similar Nearby for Sale

    • $250,000

      Land Parcel at Signalized Intersection

      Land parcel suitable for office or restaurant with drive-through.
      2499 Browncroft Blvd, Rochester, NY 14625
      View Details
    • $900,000

      Pittsford Industrial Development Site

      1.42-acre light industrial development site near I-490.
      727 Linden Ave, Rochester, NY 14625
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    • Contact for pricing
      0.68 Acres

      Rochester Commercial Land - 0.68 Acres

      Prime Commercial Lot, Shovel-Ready, High Visibility
      1600 Penfield Rd, Rochester, NY 14625
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    • $158,500
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      Upgraded Mobile Home in Penfield

      Four-bedroom, two-bath mobile home with upgrades and included amenities.
      2 Penview Dr, Rochester, NY 14625
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      Industrial Property in Pittsford, NY

      Industrial property available for sale in Pittsford, NY.
      736 Linden Ave, Rochester, NY 14625
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    Similar Nearby for Lease

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      24,000 SF

      Rochester Retail Opportunity

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      Retail Space Near Expressway

      2,100 SF retail space with high visibility and parking.
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      Prime Corner Land for Lease

      5.35 acre corner land with excellent development opportunity.
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      Commercial Lot in Prime Location

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    Rochester, NY 14625
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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