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    Property profile & analytics

    2131 5th Mile Line Rd Penfield, NY 14526-2210

    • Investment properties
    • 6,400 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Jul 07, 2022
    Location Intelligence
    Property ID
    US63-0340778
    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

    • Penfield Arts Center / Art Center
    • Performers Almanac / Music Publisher
    • ISI / School

    Property Details for 2131 5th Mile Line Rd

    Year built
    1891
    Lot size
    0.17 lot acres
    Property size
    6,400 SF
    Zone code
    FC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    264200 139.10-1-2
    APU
    2642001391012

    Description

    This exceptional single-tenant property, located at 2131 5 Mile Line Road in Penfield, NY 14526 (cross street: Rt:441), presents a unique opportunity. Situated within the Penfield Arts Center, this wellness studio boasts updated finishes within a historically significant building, circa 1890s. The lower-level space offers a captivating blend of modern amenities and charming architectural details. Features include exposed brick columns, attractive stone walls, and an open ceiling design enhanced by ample natural light from well-placed windows. The property is classified as Special Purpose, specifically a Wellness Studio, and is perfect for a variety of uses. The current owner is seeking a collaborative tenant whose business complements the existing artistic atmosphere of the building. This is a rare chance to acquire a distinctive commercial space in a thriving community, combining historical character with contemporary functionality. The property's location provides excellent visibility and accessibility. This is an exceptional opportunity for a wellness-focused business or an arts and crafts operation seeking a unique and inspiring environment.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $345,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $350,000
      Retail
      $355,000
      Mixed-Use
      $390,000
      Hospitality
      $310,000
      Educational
      $330,000
      Residential Income
      $310,000
      Energy
      $395,000
      Income-Based Land
      $410,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Penfield
    County
    Monroe
    State
    New York
    Longitude
    -77.4762
    Latitude
    43.1292
    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
    $69,600
    $93,900
    $163,500
    -
    $74,027
    $99,873
    $173,900

    Comparable in this City

    • Value Estimation
      $230,000
      6,080 SF

      1822 Penfield Rd, Unit 26

      OFFICE/RESIDENTIAL (MIXED USE) • 6,080 SF
      1822 Penfield Rd, Penfield, NY 14526-1410
      View Details
    • Value Estimation
      $290,000
      2,454 SF

      1793 Penfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,454 SF
      1793 Penfield Rd, Penfield, NY 14526-2103
      View Details
    • Value Estimation
      $290,000
      1,640 SF

      2221 Penfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,640 SF
      2221 Penfield Rd, Penfield, NY 14526-1921
      View Details
    • Value Estimation
      $365,000
      1,476 SF

      1805 Penfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,476 SF
      1805 Penfield Rd, Penfield, NY 14526-2105
      View Details
    • Value Estimation
      $1,110,000
      2,986 SF

      1790 Penfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,986 SF
      1790 Penfield Rd, Penfield, NY 14526-2154
      View Details
    • Value Estimation
      $220,000
      4,086 SF

      1758 Penfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,086 SF
      1758 Penfield Rd, Penfield, NY 14526-2138
      View Details

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    2131 5th Mile Line Rd
    Penfield, NY 14526-2210
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    Realmo Value Estimation

    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.

    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.

    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
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