Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    150 Owens Rd Brockport, NY 14420

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Outparcel to Lowe’s, close to SUNY Brockport and major retailers.

    Lot size:
    16.86 Acres

    Property Features for 150 Owens Rd

    General Information

    Lot size
    16.86 Acres

    We can help!

    Listing Contact
    Jacob Rivera
    Jacob Rivera
    Source: Moodyscre

    Listing Agent: Jacob Rivera

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Land Near SUNY Brockport

    This commercial land is an outparcel to Lowe’s, situated at a traffic light along Brockport-Spencerport Rd (Route 31). The property benefits from commercial zoning and is surrounded by major retailers, including Walmart, Wegmans, Aldi, Dollar Tree, and McDonald’s. It is also located close to SUNY Brockport. Previous site plan approval exists on a pad adjacent to the traffic light.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brockport
    County
    Monroe
    State
    New York
    Longitude
    -77.923322
    Latitude
    43.2057949

    Nearby Similar for Sale

    • $375,000
      3,400 SF

      Historic Schoolhouse with In-Law Apartment

      Charming, historic property with accessory in-law apartment on over one acre.
      1728 Clarkson Parma Tl Rd, Brockport, NY 14420
      View Details
    • $275,000
      1,602 SF

      Mixed-Use Property Near Canal

      Mixed-use property with office and apartment near the canal.
      56 Market St, Brockport, NY 14420
      View Details
    • $399,999

      Brockport Mixed-Use Redevelopment Opportunity

      Three-story mixed-use building with redevelopment potential in Brockport, NY.
      67-71 Main St, Brockport, NY 14420
      View Details
    • $39,900

      Established Grooming Business Opportunity

      Profitable grooming business for sale with equipment and inventory.
      4612 Lake Rd South, Brockport, NY 14420
      View Details
    • $749,000

      Highway Commercial Zoned Property

      High-traffic location with versatile potential for various commercial uses.
      3723 Sweden Walker Rd, Brockport, NY 14420
      View Details
    • $749,000

      Highway Commercial Zoned Property

      High-traffic location, versatile property with redevelopment potential.
      3723 Sweden Walker Rd, Brockport, NY 14420
      View Details
    • $190,000

      Brockport Two-Family Residential Property

      Two-unit property in Brockport, suitable for investors or owner-occupants.
      43-45 Fayette St, Brockport, NY 14420
      View Details
    • $518,715
      4,125 SF

      Multi-Tenant Flex Building For Sale

      4,125 SF multi-tenant building with flex/office and warehouse space.
      12 Liberty St, Brockport, NY 14420
      View Details
    • $349,900

      Brockport Multifamily Property for Sale

      Multifamily property in Brockport, NY, available for purchase.
      45 Chappell St, Brockport, NY 14420
      View Details
    • $625,000
      5,714 SF

      Lake Road Commercial Building

      Brockport, NY - 5,714 sq ft
      4617 Lake Rd, Brockport, NY 14420
      View Details
    • $499,000
      6,840 SF

      Brockport Canal-Front Multifamily

      Historic Brockport, 4 units, high ROI.
      80 Clinton St, Brockport, NY 14420
      View Details

    FAQs

    What type of property is this?
    Commercial land - Outparcel to Lowe’s, close to SUNY Brockport and major retailers.
    Where is this commercial land located?
    The property is located at 150 Owens Rd Brockport, NY.
    What are key features of this property?
    This property features: - Outparcel to Lowe’s; - Located at a traffic light along Brockport-Spencerport Rd (Route 31); - Surrounded by major retailers like Walmart, Wegmans, Aldi, Dollar Tree, and McDonald’s
    (585) 454-4500
    Request Owner's contact information
    150 Owens Rd Brockport, NY 14420
    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.
    150 Owens Rd
    Brockport, NY 14420
    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
    150 Owens Rd Brockport, NY 14420
    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

    We can help!
    Listing Contact
    Jacob Rivera
    Jacob Rivera
    (585) 454-4500
    Learn more
    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.