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Property profile & analytics
FOR SALE
Investment properties
14462 Ridge Rd W, Albion, NY 14411
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1076540
For Sale
1 / 2
$259,999
14462 Ridge Rd W, Albion, NY 14411
View Listing →
Property summary
AI-generated overview
This exceptional retail storefront, located at 14462 Ridge Rd W in Albion, NY 14411, presents a unique investment opportunity. The 3,644 square foot building sits on over 2.5 acres of land, offering excellent visibility and ample parking. Originally built in 1962 and extensively renovated in 2021, this Class C property boasts a 100% occupancy rate. The building features a spacious open floor plan, a private office, and a large ADA-accessible bathroom. Two HVAC units provide dual-zone climate control. Additional storage is available in the building and a hayloft attic. Exterior improvements include a new roof and a recently installed security system
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1962
Total area
3,600 SF
Lot
2.3 ac (100,188 SF)
APN
342889 51.-1-9.2
UPID
US63-1076540
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
-
Cobble-Ridge Co-Op Home Decor Store Department Store
-
Rustic Ridge Country Store Home Decor Store (Bike/Boat/Book/etc) Store
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
Laura Burgess · 3 yrs held
Laura Burgess
since 2022
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 Albion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albion 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
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$3,035
Tax year 2020
Assessed value
$59,800
Assessed 2023
Previous assessed
$59,800
+0.0% YoY
Effective rate
5.08%
On assessed value
Assessed land
$13,200
Assessed improvement
$46,600
Land market value
$15,893
Improvement market value
$56,107
Total market value
$72,000
Applied tax rate
342,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Sale
Year built
1962
Heating
NONE
Buildings
1
Stories
1
Total area
3,600 SF
Lot
2.3 ac (100,188 SF)
APN
342889 51.-1-9.2
UPID
US63-1076540
Jurisdiction
ORLEANS
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
1962
Heating
NONE
Stories
1
Buildings
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Laura Burgess
Individual
Mailing address
14462 RDG RD W, ALBION, NY 14411-9703
Ownership since
2022
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
Aug 5, 2022
—
Laura Burgess
Laura Burgess
Deed
related
$103,920 · Tompkins Community Bank
Dec 27, 2021
—
Ridge Holdings LLC
Robert Rowe
Warranty Deed
—
Nov 4, 2013
$80,000
Robert Rowe
John Hovanesian
Deed
—
May 31, 2011
$55,000
John Hovanesian
Lawrence A Spencer
Deed
—
Dec 12, 2007
$85,000
Lawrence Spencer
Donald P Mchale
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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