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Property profile & analytics
OFF-MARKET
Turn key restaurants

10596 Rte 19 Fillmore, NY 14735-8703

3,240 SF 1.2 ac lot Built 1950
Individually Owned 11-yr Hold Free & Clear
Property ID
US63-0562390
Property summary
AI-generated overview

This exceptional investment opportunity in Fillmore, NY, presents a unique mixed-use property spanning 8,842 square feet on a 1.2-acre lot along Route 19. The property comprises an eleven-unit motel (eight doubles, three singles), currently catering to short-to-medium-term tenants. Units 1 through 6 offer significant potential for renovation, including kitchenettes, to transition into longer-term rentals, boosting income streams. A separate single-family residence provides additional living space, ideal for an owner-operator or as a rental unit. The existing restaurant building offers remarkable versatility, adaptable for conversion into office space, retail, a medical office, or additional housing, catering to diverse business or residential needs. The property boasts ample on-site parking. Situated directly on Route 19, this property benefits from high visibility and convenient access. Its location above the banks of the Genesee River adds to its unique appeal and potential for future development. This multi-faceted property presents a rare chance to capitalize on a prime location and diverse income streams. Don't miss this chance to acquire a truly unique investment property in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 3,240 SF
Lot 1.2 ac (52,272 SF)
APN 025800 40.-1-24
UPID US63-0562390
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
David L Derock · 11 yrs held
David L Derock
since 2015
2 recorded transactions
2015
Price N/A
2009
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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