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Property profile & analytics
FOR LEASE
Manufacturing properties
10 Mount Read Blvd Rochester, NY 14611
Entity Owned
6-yr Hold
Free & Clear
Property ID
US63-1826337
For Lease
1 / 17
$1,800/Mo
10 Mount Read Blvd, Rochester, NY 14611
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
58,248 SF
Lot
2.28 ac (99,317 SF)
APN
261400 120.38-1-18.001
UPID
US63-1826337
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
-
Sundberg ATM Associates Atm
-
Old School Painting, LLC Painting Service Establishment
-
Officewerks of Rochester LLC Furniture & Home Goods
-
Per-Con Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Readmount LLC · 6 yrs held
Readmount LLC
since 2020
Last sale
$519,750
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$492,920
Assessed 2023
Previous assessed
$492,920
+0.0% YoY
Assessed land
$130,500
Assessed improvement
$362,420
Land market value
$157,229
Improvement market value
$436,651
Total market value
$593,880
Applied tax rate
261,400.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1950
Heating
NONE
Stories
1
Total area
58,248 SF
Lot
2.28 ac (99,317 SF)
APN
261400 120.38-1-18.001
UPID
US63-1826337
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
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Stories
1
Lot
2.28 ac
Current owner
From public records · entity-resolved
Readmount LLC
Entity
Free & Clear · 6 yrs held
Mailing address
15 EMERALD HL CIR, FAIRPORT, NY 14450-9504
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
—
Readmount LLC
—
Deed
related
$1,932,000 · Evans Bank NA
Jun 15, 2020
$519,750
Readmount LLC
Fargo Bk NA 2007-c5 Wells
Grant Deed
—
May 25, 2018
$470,000
Wells Fargo Bk NA 2007-c5 Tr
Referee Of Monroe County|encore Prop Manangement O
Trustees Deed
related
—
Aug 1, 2007
—
Encore Prop Mgmt Of Wstn New York
Encore Props Of Rochester LLC
Quit Claim Deed
related
—
Feb 3, 2006
$11,500,000
Platinum Dev & Mgmt Group Of Roch
Perticone Family
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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