Property profile

1200 Driving Park Ave Newark, NY 14513

OFF-MARKET
Office buildings
Property ID
US63-3616095
10,368 SF 2.33 ac lot Built 1988
Entity Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1988
Total area 10,368 SF
Lot 2.33 ac (101,495 SF)
Zoning code B1
APN 542001 68111-09-153528
UPID US63-3616095

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Atm
  • Medical Clinic
  • Medical Clinic
  • Pediatrician Medical Clinic

Location

1200 Driving Park Ave Newark, NY 14513-1090
Newark metro Census 21100 ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

Zoning & alternative use

B1 · Newark, NY
Top alternative use upside
Auto repair, garage $850,000 +51.5%
Commercial (general) $810,000 +45.0%
Retail stores $720,000 +28.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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