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    Property profile & analytics

    1507 Monroe Ave Rochester, NY 14618-1408

    • Investment properties
    • 2,852 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US63-4174835
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Brian DeCarolis, Esq., Nobles & DeCarolis / Attorney / Criminal Justice Attorney
    • Nobles & DeCarolis / Criminal Justice Attorney / Attorney
    • Patrick K. Russi Esq. / Attorney / Criminal Justice Attorney
    • Jacob Ark Law / Criminal Justice Attorney / General Practice Attorney

    Property Details for 1507 Monroe Ave

    Year built
    1929
    Lot size
    0.20 lot acres
    Property size
    2,852 SF
    Zone code
    05 - COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    262000 137.05-5-78
    APU
    26200013705578

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $180,000
      6.5%
      $180,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $215,000
      Retail
      $185,000
      Mixed-Use
      $180,000
      Hospitality
      $195,000
      Educational
      $190,000
      Residential Income
      $165,000
      Energy
      $195,000
      Income-Based Land
      $180,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.5725
    Latitude
    43.133
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $108,000
    $129,500
    $237,500
    -
    $154,292
    $185,008
    $339,300

    Comparable in this City

    • Value Estimation by Request
      3,583 SF

      1551 Winton S Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,583 SF
      1551 Winton S Rd, Rochester, NY 14618-3909
      View Details
    • Value Estimation
      $270,000
      3,824 SF

      1531 Monroe Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,824 SF
      1531 Monroe Ave, Rochester, NY 14618-1410
      View Details
    • Value Estimation
      $225,000
      3,034 SF

      2150 Monroe Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,034 SF
      2150 Monroe Ave, Rochester, NY 14618-2408
      View Details
    • Value Estimation
      $405,000
      2,170 SF

      2217 Monroe Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,170 SF
      2217 Monroe Ave, Rochester, NY 14618-2417
      View Details
    • Value Estimation
      $265,000
      2,192 SF

      1551 Monroe Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,192 SF
      1551 Monroe Ave, Rochester, NY 14618-1438
      View Details
    • Value Estimation
      $310,000
      2,242 SF

      1688 Monroe Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,242 SF
      1688 Monroe Ave, Rochester, NY 14618-1417
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Prime Office Space Available

      Office space for rent in a busy Rochester location.
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      Clinton Crossing Medical Office Space

      Prime Rochester medical office suites available.
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      Prime Rochester Office Space Available

      Office space for rent in a busy Rochester location.
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    • $275 SF/Yr
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      Updated Office Space in Brighton

      Updated offices with utilities included near the 590 expressway.
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    • $600 /Mo
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      Updated Office Space in Brighton

      Updated office space with included utilities and amenities in Brighton.
      919 Winton Rd S, Rochester, NY 14618
      View Details
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    1507 Monroe Ave
    Rochester, NY 14618-1408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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