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Property profile & analytics
OFF-MARKET
Warehouses
1385 Empire Blvd Rochester, NY 14609-5915
Individually Owned
21-yr Hold
Free & Clear
Property ID
US63-0059533
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
1,920 SF
Lot
34.81 ac (1,516,324 SF)
Zoning code
LLD
APN
264200 108.10-1-2.11
UPID
US63-0059533
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
-
Direct Irrigation General Contractor Construction Company
-
Empire Metal Fabricators Inc Metal Fabrication Plant Factory
-
Dance Connection Training Center
-
Empire Storage & Gated Parking LLC Storage Facility
-
Lawrence Natural Stone Kitchen & Bath Showroom Hardware & Home Improvement
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
Empire Boulevard Assocs L 1385 · 21 yrs held
Empire Boulevard Assocs L 1385
since 2004
3 recorded transactions
Zoning & alternative use
LLD · Rochester, NY
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
$1,276,600
Assessed 2023
Previous assessed
$1,276,600
+0.0% YoY
Assessed land
$475,200
Assessed improvement
$801,400
Land market value
$505,537
Improvement market value
$852,563
Total market value
$1,358,100
Applied tax rate
265,401.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
CENTRAL
Buildings
8
Stories
2
Total area
1,920 SF
Lot
34.81 ac (1,516,324 SF)
Zoning code
LLD
APN
264200 108.10-1-2.11
UPID
US63-0059533
Jurisdiction
MONROE
Zoning & alternative use
LLD · Rochester, NY
Zoning LLD · permitted uses
LLD · 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.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Stories
2
Buildings
8
Lot
34.81 ac
Current owner
From public records · entity-resolved
Empire Boulevard Assocs L 1385
Individual
Free & Clear · 21 yrs held
Mailing address
1385 EMPIRE BLVD, ROCHESTER, NY 14609-5915
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2004
—
Empire Boulevard Assocs L 1385
1385 Empire Boulevard Assocs L
Quit Claim Deed
related
—
Dec 10, 2004
$60,000
1387 Empire Blvd INC
Pecora,feno A
Grant Deed
related
—
—
—
1385 Empire Boulevard Assocs L
—
Deed Of Trust
related
$512,500 · Robert Meli
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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