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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
191 Main St Webster, NY 14580-2700
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-0576014
Property summary
AI-generated overview
This exceptional industrial property, located at 191 West Main Street in Webster, New York, offers 6,000 square feet of immediately available warehouse and distribution space within a larger 11,956 square foot building. The space is situated at the rear of a multi-tenant building and is currently configured for warehouse/distribution use, but its adaptable layout presents opportunities for retail applications as well. The property features one loading dock, providing convenient access for loading and unloading goods. Built in 1990, this Class B building sits on a 0.69-acre lot and is a two-story structure. While elevators are not present, the layout is designed for efficient material handling. The property enjoys excellent accessibility, with signalized access to West Main Street (Ridge Road) and proximity to Route 104 expressway (less than one mile away). The lease rate is $8.00 per square foot, plus utilities. The minimum divisible space is 6,000 square feet, making it an ideal solution for businesses seeking a functional and strategically located warehouse or retail space in the thriving Webster market. The property is located in Monroe County, New York, with a zip code of 14580, and its cross street is Barrett Drive.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1990
Total area
6,216 SF
Lot
0.69 ac (30,056 SF)
APN
265401 080.09-1-7
UPID
US63-0576014
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
Current use
Occupant on record · Public records
-
Simply Good Stuff (Bike/Boat/Book/etc) Store
-
Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
-
Wellness 360 Physical Therapy & Massage Therapy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$517k
Blend (final)
Blend
$580k
Owner & transaction history
191 West Main Street LLC · 5 yrs held
191 West Main Street LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$730,000
+33.9%
Auto repair, garage
$705,000
+29.3%
Office building
$560,000
+2.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Webster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Webster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$545,000
Current use
RESTAURANT
$730,000
Change: +34% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$93 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$443,800
Assessed 2023
Previous assessed
$443,800
+0.0% YoY
Assessed land
$97,600
Assessed improvement
$346,200
Land market value
$168,282
Improvement market value
$596,918
Total market value
$765,200
Applied tax rate
265,401.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
6,216 SF
Lot
0.69 ac (30,056 SF)
APN
265401 080.09-1-7
UPID
US63-0576014
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$545,000
RESTAURANT
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$705,000
OFFICE BUILDING
Est. value
$560,000
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
191 West Main Street LLC
Entity
Mailing address
PO BOX 1371, FAIRPORT, NY 14450-7371
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
60 Barrett Drive LLC
—
Deed
related
$200,000 · Genesee Regional Bank
Dec 27, 2021
—
60 Barrett Drive LLC
—
Deed
related
$80,000 · Genesee Regional Bank
Dec 30, 2020
—
191 West Main Street LLC
—
Deed
related
$350,000 · Robert R JR Colbert
Dec 28, 2020
—
191 West Main Street LLC
Webin Group LLC
Bargain And Sale Deed
$1,780,000 · Genesee Regional Bank
Nov 19, 2001
—
Webwin Group
Colbert,robert R JR
Warranty Deed
related
$231,968 · Savings Bk/the Finger Lks
—
—
Webwin Group LLC
—
Deed Of Trust
related
$46,385 · Elmira Savings Bank
—
—
Webwin Group LLC
—
Deed Of Trust
related
$450,000 · Elmira Savings Bank
—
—
191 West Main Street LLC
—
Deed Of Trust
related
$350,000 · Robert R JR Colbert
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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