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Property profile & analytics
FOR LEASE
Strip malls
1000 Hylan Dr, Rochester, NY 14623
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US63-3329766
For Lease
1 / 13
$11,280,000
1000 Hylan Dr, Rochester, NY 14623
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Total area
131,591 SF
Lot
14.06 ac (612,454 SF)
Zoning code
06 - INDUSTRIAL
APN
263200 161.12-1-9.1
UPID
US63-3329766
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
-
Aspen Dental - Rochester, NY - Henrietta Dental Office
-
Metro Mattress - Henrietta Furniture & Home Goods
-
Anuj Malik Dental Office
-
Bowlers World @ 12 X Tech Bowling Supplies (Bike/Boat/Book/etc) Store Bowling Alley
-
Boot Barn Boot Store Western Apparel Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.91M
Blend (final)
Blend
$11.28M
Owner & transaction history
Real Mckeever LLC · 20 yrs held
Real Mckeever LLC
since 2005
2 recorded transactions
Zoning & alternative use
06 - INDUSTRIAL · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.7M
+83.6%
Auto repair, garage
$14.0M
+54.3%
Commercial (general)
$12.5M
+37.2%
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
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
NEIGHBORHOOD: SHOPPING CENTER
$9,095,000
Current use
RESTAURANT
$16,705,000
Change: +84% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,035,000
Change: +54% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,480,000
Change: +37% · Conversion: Easy
OFFICE BUILDING
$11,710,000
Change: +29% · Conversion: Moderate
Blend value · Realmo final
$11.28M
Range $10.15M – $12.41M · ±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
$86 / 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
$11,000,000
Assessed 2023
Previous assessed
$11,000,000
+0.0% YoY
Assessed land
$1,403,000
Assessed improvement
$9,597,000
Land market value
$1,403,000
Improvement market value
$9,597,000
Total market value
$11,000,000
Applied tax rate
265,001.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1993
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
131,591 SF
Lot
14.06 ac (612,454 SF)
Zoning code
06 - INDUSTRIAL
APN
263200 161.12-1-9.1
UPID
US63-3329766
Jurisdiction
MONROE
Zoning & alternative use
06 - INDUSTRIAL · Rochester, NY
Zoning 06 - INDUSTRIAL · permitted uses
06 - INDUSTRIAL · Rochester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rochester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$9.1M
RESTAURANT
Est. value
$16.7M
AUTO REPAIR, GARAGE
Est. value
$14.0M
COMMERCIAL (GENERAL)
Est. value
$12.5M
OFFICE BUILDING
Est. value
$11.7M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1993
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
14.06 ac
Current owner
From public records · entity-resolved
Real Mckeever LLC
Entity
Mailing address
1000 HYLAN DR, ROCHESTER, NY 14623-4218
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2005
—
Real Mckeever LLC
Scutti,fedele V
Quit Claim Deed
related
$1,335,123 · Ubs Real Estate Investment INC
—
—
Real Mckeever LLC
—
Loan Modification, Consolidation And Extension
related
$41,400,000 · Mc-five Mile Com'l Mtg Fin
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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