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

    590 Titus Ave Rochester, NY 14617-3919

    • Investment properties
    • 2,171 SF
    • 0.34 lot acres
    OFF-MARKET
    Last Sale
    Nov 29, 2023
    $330,000
    Value Estimations
    $355,000
    Show details
    Cap Rate Potential
    7.4%
    Investment properties
    Location Intelligence
    Property ID
    US63-2440901
    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

    • Discoveries Counseling / Counselor / Marriage Or Relationship Counselor
    • Sarah Bowman Davila, LCSW / Social Worker
    • Irondequoit Counseling Associates / Family Counselor
    • Kaminski Ellen / Counselor / Doctor
    • The Renna Hynes Team at eXp Realty / Real Estate Agent

    Property Details for 590 Titus Ave

    Year built
    1894
    Lot size
    0.34 lot acres
    Property size
    2,171 SF
    Zone code
    07 - MIXED
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    263400 076.14-4-56
    APU
    26340007614456

    Description

    This exceptional mixed-use property at 590 Titus Ave, Rochester, NY 14617, presents a unique investment opportunity or live-work solution. Spanning 2,941 square feet on a 0.34-acre lot, this well-maintained building currently functions as office space, perfectly suited for professional services like legal or financial firms. The adaptable layout allows for seamless conversion back to residential use, creating a desirable live/work environment. Its prime location in Monroe County offers easy access to Rochester's amenities and transportation networks. The asking price is $395,000. The property's versatility makes it an attractive option for a variety of uses, catering to both business and residential needs. Its current configuration as office space is complemented by the potential for residential conversion, offering flexibility for the discerning buyer. The substantial square footage and generous lot size provide ample space for expansion or customization. This property represents a compelling investment in a thriving Rochester neighborhood. Serious inquiries are encouraged to explore this exciting opportunity further. The property is classified as both Creative and Traditional Office space. Broker co-op is available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $355,000
      ML approach
      $345,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $440,000
      6.5%
      $405,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $216,000
      Market price range: $69.7k - $217k
      AI Estimate
      $229,000
      Market price range: $128k - $230k

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.6009
    Latitude
    43.211
    CBSA code
    40380
    CBSA name
    ROCHESTER, 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
    $78,900
    $211,100
    $290,000
    -
    $78,900
    $211,100
    $290,000

    Comparable in this City

    • Value Estimation
      $255,000
      2,893 SF

      3708 Saint Paul Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,893 SF
      3708 Saint Paul Blvd, Rochester, NY 14617-2735
      View Details
    • Value Estimation
      $245,000
      2,332 SF

      2017 Hudson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,332 SF
      2017 Hudson Ave, Rochester, NY 14617-4303
      View Details
    • Value Estimation
      $250,000
      2,771 SF

      451 Cooper Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,771 SF
      451 Cooper Rd, Rochester, NY 14617-3054
      View Details
    • Value Estimation
      $125,000
      2,280 SF

      70 Cooper Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,280 SF
      70 Cooper Rd, Rochester, NY 14617-3004
      View Details
    • Value Estimation
      $540,000
      22,805 SF

      645 Titus Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 22,805 SF
      645 Titus Ave, Rochester, NY 14617-3933
      View Details
    • Value Estimation
      $150,000
      2,536 SF

      2305 Portland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,536 SF
      2305 Portland Ave, Rochester, NY 14617-4044
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,532 SF

      Irondequoit Mixed-Use Redevelopment

      Prime Retail Center Location, High Traffic
      850 Ridge Rd, Irondequoit, NY 14617
      View Details
    • $695,000
      0.77 Acres

      Prime Rochester Commercial Land

      0.77-acre parcel, high-traffic location.
      2190 Hudson Ave, Rochester, NY 14617
      View Details
    • $695,000
      0.65 Acres

      Irondequoit Grocery Store Land

      Prime 0.65-acre commercial lot, ideal grocery store.
      2194 Hudson Ave, Irondequoit, NY 14617
      View Details
    • $595,000
      0.78 Acres

      Hudson Ave Retail Opportunity

      Prime Retail Land & Building in Rochester, NY
      2194 Hudson Ave, Irondequoit, NY 14617
      View Details
    • $350,000
      2,280 SF

      Converted Residential Building in Rochester

      Professional space suitable for various business uses.
      70 Cooper Rd, Rochester, NY 14617
      View Details
    • $399,000
      4,624 SF

      Irondequoit Commercial Building - Prime Location

      Versatile 4,624 sq ft building, ample parking.
      490 Titus Ave, Irondequoit, NY 14617
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Irondequoit Plaza Retail Space

      Premier shopping destination with high traffic and diverse tenants.
      525 Titus Ave Ave, Irondequoit, NY 14617
      View Details
    • $16 SF/Yr
      3,500 SF

      Hudson Ave Retail Space

      Prime Irondequoit Retail Opportunity
      2194 Hudson Ave, Irondequoit, NY 14617
      View Details
    • $590,000
      8,320 SF

      Versatile Office Building in Rochester

      8320 sq ft office building with flexible leasing options.
      1171 Titus Avenue Ext, Rochester, NY 14617
      View Details
    • $1,200 /Mo
      1,176 SF

      Second Floor Office Space Available

      1,176 SF office space in attractive brick building.
      572 Titus Ave, Rochester, NY 14617
      View Details
    • $590,000

      Versatile Office Building in Irondequoit

      Unique office building with flexible space and ample parking.
      1171 Titus Ave, Irondequoit, NY 14617
      View Details
    • Contact for pricing
      3,390 SF

      Freestanding Medical Office Near Wegmans

      Medical office near Wegmans Irondequoit Plaza, West Irondequoit, NY.
      490 Titus Ave, Rochester, NY 14617
      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.
    590 Titus Ave
    Rochester, NY 14617-3919
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    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.