New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,345,000
Hotels
1890 Rdg Rd, Rochester, NY 14615-2505
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2304107
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1985
Total area
129,096 SF
Lot
5.02 ac (218,671 SF)
Zoning code
05 - COMMERCIAL
APN
262800 074.16-3-20.1
UPID
US63-2304107
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
-
doubltree hotel Hotel & Motel
-
1890 Ridge Road West Parking Parking Lot & Garage
-
Rochester Airport Marriott Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.35M
Owner & transaction history
Bell Atlantic Mobile Systems LLC · 2 yrs held
Bell Atlantic Mobile Systems LLC
since 2024
7 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · 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
$49 / 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
$8,102,700
Assessed 2023
Previous assessed
$9,000,000
-10.0% YoY
Assessed land
$2,250,800
Assessed improvement
$5,851,900
Land market value
$2,617,209
Improvement market value
$6,804,535
Total market value
$9,421,744
Applied tax rate
262,801.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
7
Total area
129,096 SF
Lot
5.02 ac (218,671 SF)
Zoning code
05 - COMMERCIAL
APN
262800 074.16-3-20.1
UPID
US63-2304107
Jurisdiction
MONROE
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · 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
1985
Heating
NONE
Cooling
Yes
Stories
7
Buildings
1
Lot
5.02 ac
Current owner
From public records · entity-resolved
Bell Atlantic Mobile Systems LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1 VERIZON WAY, BASKING RIDGE, NJ 07920-1025
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Sai Global Investments LLC
—
Deed
related
$14,500,000 · Morgan Stanley Bank NA
Jan 16, 2024
—
Bell Atlantic Mobile Systems LLC
E J Delmonte Corporation
Lease
—
May 18, 2023
$8,500,000
Sai Global Investments LLC
Ej Del Monte Corp
Bargain And Sale Deed
$1,100,000 · Crestline Hotels & Resorts LLC
Feb 1, 2023
—
Canandaigua National Bank And Trust
1908 West Ridge Rd LLC
Assignment Of Lease (leasehold Sale)
—
Jun 2, 2017
—
E J Del Monte Corp
—
Deed
related
$2,087,311 · M&t Bk
Jul 20, 2016
—
Ej Del Monte Corp
—
Deed
related
$307,620 · M&t Bk
Apr 8, 2014
$300,000
1908 West Ridge Rd LLC
E J Del Monte Corp
Warranty Deed
—
—
—
Ej Del Monte Corp
—
Loan Modification, Consolidation And Extension
related
$307,620 · M&t Bk
—
—
Ej Del Monte Corp
—
Loan Modification
related
$7,000,000 · Manufacturers Traders & Trust
—
—
E J Del Monte Corp
—
Loan Modification
related
$2,087,311 · M&t Bk
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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