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Property profile & analytics
OFF-MARKET
Estimated value
$4,335,000
Office buildings
2212 Penfield Rd, Penfield, NY 14526-1756
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-3981954
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2006
Total area
19,256 SF
Lot
2.9 ac (126,324 SF)
Zoning code
BN-R
APN
264200 140.01-1-6.2
UPID
US63-3981954
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
-
Laura Converse, PA Physician
-
Jenifer Jerome-Roberts, MD Physician
-
William Vaules, MD Physician
-
UR Medicine Primary Care – Panorama Internal Medicine Medical Clinic
-
UR Medicine Breast Imaging – Penfield Mammography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.34M
Owner & transaction history
Mmac Pix2 Penfield Ny Spe LLC · 4 yrs held
Mmac Pix2 Penfield Ny Spe LLC
since 2022
Last sale
$4.3M
5 recorded transactions
Zoning & alternative use
BN-R · Penfield, 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 Penfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Penfield 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
Method
Estimation
Statistic approach
$4,385,000
ML approach
$4,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.34M
Range $3.90M – $4.77M · ±10% · vs last sale $4.30M (May 4 2022)
Last sale anchor
$4.30M
May 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$225 / 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
$2,518,200
Assessed 2023
Previous assessed
$2,518,200
+0.0% YoY
Assessed land
$524,000
Assessed improvement
$1,994,200
Land market value
$557,439
Improvement market value
$2,121,461
Total market value
$2,678,900
Applied tax rate
264,201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
19,256 SF
Lot
2.9 ac (126,324 SF)
Zoning code
BN-R
APN
264200 140.01-1-6.2
UPID
US63-3981954
Jurisdiction
MONROE
Zoning & alternative use
BN-R · Penfield, NY
Zoning BN-R · permitted uses
BN-R · Penfield, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Penfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
2.9 ac
Current owner
From public records · entity-resolved
Mmac Pix2 Penfield Ny Spe LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2022
—
Mmac Pix2 Penfield Ny Spe LLC
—
Deed
related
$4,145,000 · Capital One Bank NA
May 4, 2022
$4,300,000
Mmac Pix2 Penfield Ny Spe LLC
Nine Mile Line Associates LLC
Bargain And Sale Deed
$2,722,879 · Aew Partners Real Estate Fund Ix LP
Dec 30, 2016
—
Nine Mile Line Associates LLC
—
Deed
related
$3,239,317 · M&t Bk
Mar 2, 2006
$580,380
Nine Mile Line Associates LLC
Comparato,anthony
Warranty Deed
$560,000 · Manufacturers Traders & Trust
—
—
Nine Mile Line Associates LLC
—
Loan Modification, Consolidation And Extension
related
$3,239,317 · 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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