New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,010,000
Manufacturing properties
150 Elmgrove Park, Rochester, NY 14624-1383
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1915947
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
11,816 SF
Lot
1.41 ac (61,420 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
262600 103.18-1-19
UPID
US63-1915947
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
-
Moore Renovations Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$985k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Elmgrove Park 150 LLC · 4 yrs held
Elmgrove Park 150 LLC
since 2022
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
02 - SINGLE RESIDENCE · Rochester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+254.7%
Auto repair, garage
$1.3M
+198.0%
Office building
$975,000
+131.0%
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
$955,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,500,000
Change: +255% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,260,000
Change: +198% · Conversion: Easy
OFFICE BUILDING
$975,000
Change: +131% · Conversion: Difficult
COMMERCIAL (GENERAL)
$950,000
Change: +125% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +93% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.05M (Jun 3 2022)
Last sale anchor
$1.05M
Jun 3 2022
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
$85 / 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
$522,200
Assessed 2023
Previous assessed
$522,200
+0.0% YoY
Assessed land
$120,500
Assessed improvement
$401,700
Land market value
$145,191
Improvement market value
$484,009
Total market value
$629,200
Applied tax rate
263,801.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
11,816 SF
Lot
1.41 ac (61,420 SF)
Zoning code
02 - SINGLE RESIDENCE
APN
262600 103.18-1-19
UPID
US63-1915947
Jurisdiction
MONROE
Zoning & alternative use
02 - SINGLE RESIDENCE · Rochester, NY
Zoning 02 - SINGLE RESIDENCE · permitted uses
02 - SINGLE RESIDENCE · 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
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$975,000
COMMERCIAL (GENERAL)
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
Elmgrove Park 150 LLC
Entity
Mailing address
2025 DELAWARE AVE APT 3D, BUFFALO, NY 14216-3593
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$1,050,000
Elmgrove Park 150 LLC
Elmgrove Park Realty LLC
Bargain And Sale Deed
$1,612,500 · M & T Bank
Jun 3, 2022
—
Gerry L Gauer
Elmgrove Park Realty LLC
Warranty Deed
—
Jun 14, 2013
—
Elmgrove Park Realty LLC
—
Deed Of Trust
related
$2,000,000 · Cmfg Life Ins Co
Jun 11, 2007
$410,000
Elmgrove Park Realty LLC
Life Ins Co Of The Southwest
Warranty Deed
$1,537,000 · First Niagara Funding INC
—
—
Elmgrove Park Realty LLC
—
Deed Of Trust
related
$1,872,499 · First Niagara Funding INC
—
—
Elmgrove Park Realty LLC
—
Deed Of Trust
related
$294,999 · Cmfg Life Ins Co
—
—
Elmgrove Park Realty LLC
—
Deed Of Trust
related
$360,579 · First Niagara Funding INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 150 Elmgrove Park?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
