Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2022 Empire Blvd Webster, NY 14580-1900

    • Investment properties
    • 1,633 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $230,000
    Show details
    Cap Rate Potential
    6%
    Investment properties
    Location Intelligence
    Property ID
    US63-0143942
    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

    • J Q Cigar Hut / Tobacco Shop / Cigar Shop
    • Hair For All Reasons / Hair Salon

    Property Details for 2022 Empire Blvd

    Year built
    1950
    Lot size
    0.33 lot acres
    Property size
    1,633 SF
    Zone code
    LB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    264200 093.02-1-4
    APU
    2642000930214

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $260,000
      6.5%
      $240,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $180,000
      Market price range: $109k - $180k
      AI Estimate
      $240,000
      Market price range: $94.1k - $241k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $185,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Monroe
    State
    New York
    Longitude
    -77.5004
    Latitude
    43.1957
    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
    $117,800
    $75,500
    $193,300
    -
    $125,296
    $80,304
    $205,600

    Comparable in this City

    • Value Estimation
      $260,000
      1,689 SF

      1019 Gravel Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,689 SF
      1019 Gravel Rd, Webster, NY 14580-1742
      View Details
    • Value Estimation
      $235,000
      1,752 SF

      847 Rdg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,752 SF
      847 Rdg Rd, Webster, NY 14580-2550
      View Details
    • Value Estimation by Request
      1,848 SF

      1043 Gravel Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,848 SF
      1043 Gravel Rd, Webster, NY 14580-1743
      View Details
    • Value Estimation
      $255,000
      2,142 SF

      49 Ss Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,142 SF
      49 Ss Ave, Webster, NY 14580-3529
      View Details
    • Value Estimation
      $270,000
      2,498 SF

      173-175 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,498 SF
      173-175 Main St, Webster, NY 14580
      View Details
    • Value Estimation
      $235,000
      1,365 SF

      656 Rdg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,365 SF
      656 Rdg Rd, Webster, NY 14580-2350
      View Details

    Similar Nearby for Sale

    • $299,900

      Mixed-Use Building on Ridge Road

      Mixed-use property with commercial space and residential apartment.
      768 Ridge Rd, Webster, NY 14580
      View Details
    • $850,000
      3,176 SF

      Webster, NY Medical Office Building

      Thriving Veterinary Practice for Sale
      729 Ridge Rd, Webster, NY 14580
      View Details
    • Contact for pricing
      7.94 Acres

      Webster NY Development Land

      Prime Hunting/Recreational Land, Excellent Location
      0 Webster Development Site, Webster, NY 14580
      View Details
    • $159,900
      3.30 Acres

      Approved Building Lot in Webster

      3.5-acre building lot ready for your dream home!
      1830 Lake Rd, Webster, NY 14580
      View Details
    • $450,000
      3,000 SF

      Webster Commercial Building For Sale

      Commercial building with high traffic exposure in Webster, New York.
      729 Ridge Rd, Webster, NY 14580
      View Details
    • $990,000

      Commercial Land For Sale

      Commercial land available for sale.
      55 E Main St, Webster, NY 14580
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,549 SF

      Prime Monroe County Medical Space

      8,549 SF Medical/Restaurant Building, 100 Parking Spaces
      602 Ridge Rd, Webster, NY 14580
      View Details
    • Contact for pricing

      Land for Lease in Webster

      Land available for lease in Webster, New York.
      5 Five Mile Line Rd, Webster, NY 14580
      View Details
    • Contact for pricing
      9,000 SF

      Medical Office Building in Webster, NY

      Turn-key medical office space, 6,000-9,000 sq ft
      85 Sovran Dr, Webster, NY 14580
      View Details
    • Contact for pricing
      953,092 SF

      Webster, NY Commercial Land Parcel

      21.88 Acres, Build-to-Suit Opportunity
      991 Ridge Rd, Webster, NY 14580
      View Details
    • $8 SF/Yr
      11,956 SF

      Webster Warehouse - 6,000 SF Available

      Prime Webster warehouse space for lease. Ideal for distribution or retail.
      191 Main St, Webster, NY 14580
      View Details
    • Contact for pricing
      152,501 SF

      980 Ridge Rd

      Power centers • 152,501 SF
      980 Ridge Rd, Webster, NY 14580
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2022 Empire Blvd
    Webster, NY 14580-1900
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.