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Financial
Distress signals
Property profile

1273 Chili Ave Gates, NY 14624

FOR SALE
Motels
Property ID
US63-6041680
80,537 SF 9.8 ac lot Built 1968
Last sale Feb 2023 · $3,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of restaurant and banquet facilities operating within the Motel 6 building located at 1273 Chili Ave in Gates, New York, with access from Route 390 and proximity to Rochester Airport. The event setup includes a primary event hall designed to accommodate up to 180 guests, a secondary hall designed for up to 120 guests, and an indoor dining area with seating for approximately 60. The facilities are configured for restaurant service, catering, and private functions,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$2.38M
Assessed land$445k
Assessed improvement$1.94M

Value estimate

· Oct 2026
$3.71M
$3.34M – $4.08M
AI approach$3.68M
Submarket $/SF estimate$3.55M
NOI build-up
Gross scheduled income$265k
Vacancy & credit loss−$27k
Operating expenses−$59k
NOI · 148.45% cap applied$178k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$34 – $169
Qualifying comparables5

Cap rate analysis

How does the asset earn?
148.45%
$178k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
05 - COMMERCIAL
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.7
Law Firm26.5
Dental Office25.0

Location

1273 Chili Ave Gates, NY 14624
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
395 Buell, Rochester, NY 14624-3123 $3,550,000 Dec 2022 27,145 SF
995 Buffalo, Rochester, NY 14624-1813 $130,000 Aug 2021 6,776 SF
155 Buell, Rochester, NY 14624-3119 $3,900,000 Jul 2019 38,952 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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