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Property profile & analytics
OFF-MARKET
Estimated value
$9,095,000
Warehouses
1677 Penfield Rd Rochester, NY 14625-2560
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-1701062
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
32,115 SF
Lot
3.18 ac (138,521 SF)
Zoning code
GB
APN
264200 138.08-1-42.41
UPID
US63-1701062
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
-
Public Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.60M
CAP Approach
CAP
$6.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.10M
Owner & transaction history
Ps Northeast LLC · 2 yrs held
Ps Northeast LLC
since 2023
Last sale
$10.1M
7 recorded transactions
Zoning & alternative use
GB · 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
Method
Estimation
Statistic approach
$10,560,000
ML approach
$8,595,000
CAP Approach
CAP Return
Estimation
6%
$6,630,000
6.5%
$6,120,000
7%
$5,680,000
Blend value · Realmo final
$9.10M
Range $8.19M – $10.00M · ±10% · vs last sale $10.10M (Aug 16 2023)
Last sale anchor
$10.10M
Aug 16 2023
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
$283 / 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
$2,337,900
Assessed 2023
Previous assessed
$2,337,900
+0.0% YoY
Assessed land
$354,500
Assessed improvement
$1,983,400
Land market value
$377,123
Improvement market value
$2,109,977
Total market value
$2,487,100
Applied tax rate
264,201.0000
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
2021
Heating
NONE
Cooling
CENTRAL
Buildings
7
Stories
3
Total area
32,115 SF
Lot
3.18 ac (138,521 SF)
Zoning code
GB
APN
264200 138.08-1-42.41
UPID
US63-1701062
Jurisdiction
MONROE
Zoning & alternative use
GB · Rochester, NY
Zoning GB · permitted uses
GB · 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
2021
Heating
NONE
Cooling
Yes
Stories
3
Buildings
7
Lot
3.18 ac
Current owner
From public records · entity-resolved
Ps Northeast LLC
Entity
Free & Clear · 2 yrs held
Mailing address
900 TAYLOR RISE, VICTOR, NY 14564-8997
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
Ps Northeast LLC
Lynn Perry Properties LLC
Warranty Deed
—
Jan 21, 2020
—
Lynn Perry Properties LLC
—
Deed
related
$4,099,220 · Community Bk NA
Apr 19, 2018
—
Lynn Perry Properties LLC
—
Loan Modification
related
$1,182,500 · Canandaigua Nat'l Bk&tr
Dec 18, 2015
$185,000
Lynn Perry Properties LLC
Raymond Pizzillo
Warranty Deed
—
—
—
Lynn Perry Properties LLC
—
Deed Of Trust
related
$4,099,220 · Community Bk NA
—
—
Lynn Perry Properties LLC
—
Loan Modification
related
$1,760,779 · Community Bk NA
—
—
Lynn Perry Properties LLC
—
Deed Of Trust
related
$4,099,220 · Community Bk NA
—
—
Lynn Perry Properties LLC
—
Deed Of Trust
related
$166,212 · Canandaigua Nat'l Bk&tr
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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