Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    2240 Penfield Rd Penfield, NY 14526

    • Commercial real estate
    • 1.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3302794
    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

    • Commercial real estate

    Property Details for 2240 Penfield Rd

    Lot size
    1.62 lot acres
    Property type
    Commercial real estate
    APN
    264200 140.01-1-9

    Description

    This exceptional 1.62-acre commercial land parcel, located at 2240 Penfield Road in Penfield, New York, presents a unique investment opportunity. Zoned LB-Limited Business District, this property is ideally suited for a variety of development projects, including retail, office, mixed-use, or residential construction. Situated in a densely populated residential area near the intersection of routes 441 and 250, the site benefits from high visibility and convenient access to a substantial customer base. Its proximity to shopping centers and other retail establishments ensures a consistent flow of foot traffic, enhancing the potential for success. Utilities are readily available on-site, simplifying the development process. The asking price for this rare and desirable property is $750,000. The property's APN is 264200 140.01-1-9. This prime Penfield location offers exceptional potential for developers seeking a strategic investment in a thriving community. Don't miss this chance to acquire a highly sought-after development site in a bustling area with a strong residential base.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penfield
    County
    Monroe
    State
    New York
    Longitude
    -77.43600064
    Latitude
    43.13063933

    Comparable in this City

    • $979,900
      5.12 Acres

      Temecula Equestrian Estate Lot

      5.12 Acres, Prime Location, No HOA
      1 Winners Cir, Penfield, NY 14526
      View Details
    • $750,000

      Prime Commercial Land in Penfield

      High-visibility 0.66-acre lot in Penfield's four corners district.
      1798 Penfield Rd, Penfield, NY 14526
      View Details
    • $2,300,000
      18.30 Acres

      Penfield, NY Mixed-Use Land

      18.3 Acres, Prime Development Opportunity
      1810 Fairport Nine Mile Point Rd, Penfield, NY 14526
      View Details
    • $825,000
      12.88 Acres

      Penfield Agricultural Land Investment

      12.88 Acres, Greenhouse, Commercial Space
      1345 Penfield Center Rd, Penfield, NY 14526
      View Details
    • Contact for pricing
      3,119 SF

      Penfield Office Complex - Owner/User

      Two-building office complex, ideal owner-user or investor.
      2570 Baird Rd, Penfield, NY 14526
      View Details
    • $3,083,000
      3,500 SF

      Fairport Retail Property For Sale

      Retail property with a new 20-year lease in Penfield, NY.
      2146 Fairport Nine Mile Point Rd, Penfield, NY 14526
      View Details

    Similar Nearby for Sale

    • $979,900
      5.12 Acres

      Temecula Equestrian Estate Lot

      5.12 Acres, Prime Location, No HOA
      1 Winners Cir, Penfield, NY 14526
      View Details
    • $750,000

      Prime Commercial Land in Penfield

      High-visibility 0.66-acre lot in Penfield's four corners district.
      1798 Penfield Rd, Penfield, NY 14526
      View Details
    • $2,300,000
      18.30 Acres

      Penfield, NY Mixed-Use Land

      18.3 Acres, Prime Development Opportunity
      1810 Fairport Nine Mile Point Rd, Penfield, NY 14526
      View Details
    • $825,000
      12.88 Acres

      Penfield Agricultural Land Investment

      12.88 Acres, Greenhouse, Commercial Space
      1345 Penfield Center Rd, Penfield, NY 14526
      View Details
    • Contact for pricing
      3,119 SF

      Penfield Office Complex - Owner/User

      Two-building office complex, ideal owner-user or investor.
      2570 Baird Rd, Penfield, NY 14526
      View Details
    • $3,083,000
      3,500 SF

      Fairport Retail Property For Sale

      Retail property with a new 20-year lease in Penfield, NY.
      2146 Fairport Nine Mile Point Rd, Penfield, NY 14526
      View Details

    Similar Nearby for Lease

    • $6,658 /Mo

      Prime Land Lease Opportunity

      1.62-acre lot for retail, office, mixed-use, or residential development.
      2240 Penfield Rd, Penfield, NY 14526
      View Details
    • Contact for pricing

      Two-Acre Development Site Available

      Two-acre development site with high visibility and traffic counts.
      3286 Atlantic Ave, Penfield, NY 14526
      View Details
    • Contact for pricing

      5.1 Acres Commercial Land Available

      Two parcels totaling 5.1 acres for lease or build-to-suit.
      2195 Penfield Rd, Penfield, NY 14526
      View Details
    • $825,000
      3,200 SF

      Penfield Commercial Greenhouse & Cultivation Site

      12.88-acre commercial greenhouse and cultivation site with 25,000 SF greenhouse.
      1345 Penfield Center Rd, Penfield, NY 14526
      View Details
    • $19 SF/Yr
      1,922 SF

      Penfield Office Space Available

      Office space for rent in Penfield, move-in ready.
      481 Penbrooke Dr, Penfield, NY 14526
      View Details
    • $1,499,000

      Perinton Specialty Property for Rent

      Specialty property available for rent in Perinton, New York.
      400 Whitney Rd, Penfield, NY 14526
      View Details

    Property Visit Statistics

    • Visits by month
      21.0k
    • Visitors by month
      9.5k
    • Avg Time on site
      10 min
    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.
    2240 Penfield Rd
    Penfield, NY 14526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    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.