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Property profile & analytics
FOR LEASE
Investment properties
211 W Ridge Rd Rochester, NY 14615
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-4190912
For Lease
1 / 39
$750,000 SF/Yr
211 W Ridge Rd, Rochester, NY 14615
View Listing →
Property summary
AI-generated overview
This 3,200 square foot medical office building, located at 211 West Ridge Road in Rochester, NY 14615, presents a unique investment opportunity. Situated on a highly visible corner lot across from Kodak's Performing Arts Center, this single-tenant property boasts a high traffic count exceeding 20,000 vehicles daily. Built in 1950 and extensively renovated in 2023, the building features a new roof, framing, electrical, plumbing, and storefront glass. The property offers eight parking spaces with additional parking available on the side street. The C-3 zoning allows for diverse uses, including general retail, cannabis dispensaries/micro-consumption licenses, liquor stores, restaurants, and bars. The building is offered in vanilla shell condition, providing flexibility for tenant build-out. Convenient access to Routes 104, 590, and 390 enhances its accessibility. The property's APN is 261400-090-350-0001-021-001-0000. This one-story building is a single-tenant space with no elevators. The cross street is Palm Street.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
4,146 SF
Lot
0.12 ac (5,227 SF)
APN
261400 090.35-1-21.001
UPID
US63-4190912
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
-
3 Latino Restaurant Inc Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
211 W Ridge Road LLC · 7 yrs held
211 W Ridge Road LLC
since 2019
6 recorded transactions
Zoning & alternative use
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
—
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
$100,000
Assessed 2023
Previous assessed
$100,000
+0.0% YoY
Assessed land
$14,300
Assessed improvement
$85,700
Land market value
$17,229
Improvement market value
$103,253
Total market value
$120,482
Applied tax rate
261,400.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1950
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
4,146 SF
Lot
0.12 ac (5,227 SF)
APN
261400 090.35-1-21.001
UPID
US63-4190912
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
211 W Ridge Road LLC
Entity
Mailing address
520 HELENDALE RD, ROCHESTER, NY 14609-3116
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2019
$70,000
211 W Ridge Road LLC
Rocstar Dev LLC
Warranty Deed
$75,000 · Joseph R Nacca
Nov 4, 2016
—
Rocstar Development LLC
—
Deed
related
$180,000 · Five Star Bank
Dec 22, 2015
$120,000
Rocstar Dev LLC
Pietrosante,samuel & Marilyn J
Warranty Deed
—
May 4, 2006
—
Samuel Pietrosante
Pietrosante,david
Quit Claim Deed
related
—
Jul 13, 2005
$120,000
David Pietrosante
Rubino Italian Submarine INC
Warranty Deed
$100,000 · Rubino Italian Submarine INC
May 7, 2004
$8,500
City Of Rochester
Rubino Italian Submarine INC
Warranty Deed
—
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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