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Property profile & analytics
OFF-MARKET Estimated value $645,000
Investment properties

2126 5th Mile Line Rd Penfield, NY 14526-2211

5,083 SF 0.19 ac lot Built 1880
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-2443945
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1880
Total area 5,083 SF
Lot 0.19 ac (8,276 SF)
Zoning code FC
APN 264200 139.06-4-1.1
UPID US63-2443945
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
  • Joe Gatt's Food & Cocktails Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$750k
Comparable Approach Comparable
$579k
Blend (final) Blend
$645k
Owner & transaction history
Diprima Properties II LLC · 14 yrs held
Diprima Properties II LLC
since 2012
3 recorded transactions
2012
$349,000
2012
$400,692
2006
$350,000
Zoning & alternative use
FC · Penfield, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Four Corners District (FC). Purpose and intent. The purpose of the Four Corners District is to encourage a mix of commercial and residential uses that preserves the historic character of the area and creates a walkable, village-like center. It is the intent of this district to encourage development patterns and uses that address the following priorities: Est…

Zone name Four Corners
General category UNKNOWN
Zone area 190.49 ac
Top alternative use upside
Restaurant $600,000 +13.1%
Auto repair, garage $575,000 +9.2%
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