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Property profile & analytics
FOR SALE
Specialty properties

1118 Long Pond Rd Greece, NY 14626

6,110 SF 4 ac lot Built 1983
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US63-2925150
Property summary
AI-generated overview

This exceptional 9,000 square foot property, located at 1118 Long Pond Road in Greece, NY, presents a unique investment opportunity. Previously used as a funeral home, the building has undergone a complete renovation and update. Currently zoned R1-E (single-family residential), it offers significant potential for repurposing. Ideal uses could include a church, spa, medical facility, or office space, subject to necessary rezoning. The property boasts a substantial oversized detached garage and sits on a generous 4-acre lot, providing ample space for expansion or additional development. Deed restrictions prohibit the use of the property as a funeral home or cremation facility. The site currently features 102 striped parking spaces, a significant asset for any commercial venture. Security is enhanced by existing video surveillance and recording devices. Owner financing is available, making this an attractive proposition for qualified buyers. This property offers a rare combination of size, location, and potential, making it an exceptional investment opportunity in a desirable area. The extensive parking and large lot size provide significant flexibility for future development. Serious inquiries are encouraged.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1983
Total area 6,110 SF
Lot 4 ac (174,240 SF)
Zoning code 05 - COMMERCIAL
APN 262800 074.06-2-10
UPID US63-2925150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k
Owner & transaction history
1118 Long Pond Road LLC · 5 yrs held
1118 Long Pond Road LLC
since 2020
Last sale
$600,000
1 recorded transaction
2020
$600,000
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $665,000 +169.9%
Auto repair, garage $605,000 +145.4%
Restaurant $535,000 +117.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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