New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Golf courses & driving ranges
226 Mendon Ionia Rd, Honeoye Falls, NY 14472-9742
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US63-3287936
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1972
Total area
19,363 SF
Lot
153.4 ac (6,682,104 SF)
Zoning code
RA1
APN
263689 216.04-1-19
UPID
US63-3287936
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Mendon Golf Ents Ltd · 15 yrs held
Mendon Golf Ents Ltd
since 2011
7 recorded transactions
Zoning & alternative use
RA1 · Honeoye Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$855,000
+7.6%
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 Honeoye Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honeoye Falls 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$795,000
Current use
RETAIL STORES
$855,000
Change: +8% · Conversion: Difficult
WAREHOUSE, STORAGE
$660,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
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
$29 / 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
$1,800,000
Assessed 2023
Previous assessed
$1,800,000
+0.0% YoY
Assessed land
$397,400
Assessed improvement
$1,402,600
Land market value
$584,421
Improvement market value
$2,062,679
Total market value
$2,647,100
Applied tax rate
263,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1972
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
19,363 SF
Lot
153.4 ac (6,682,104 SF)
Zoning code
RA1
APN
263689 216.04-1-19
UPID
US63-3287936
Jurisdiction
MONROE
Zoning & alternative use
RA1 · Honeoye Falls, NY
Zoning RA1 · permitted uses
RA1 · Honeoye Falls, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honeoye Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$795,000
RETAIL STORES
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$660,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
153.4 ac
Current owner
From public records · entity-resolved
Mendon Golf Ents Ltd
Individual
Mailing address
226 MENDON IONIA RD, MENDON, NY 14506
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2011
—
Mendon Golf Ents Ltd
Green Hills Properties INC
Grant Deed
related
—
—
—
Mendon Golf Ents Ltd
—
Deed Of Trust
related
$100,000 · Genesee Regional Bank
—
—
Green Hills Properties INC
—
Deed Of Trust
related
$200,000 · Genesee Regional Bank
—
—
Green Hills Properties INC
—
Deed Of Trust
related
$76,802 · Genesee Regional Bank
—
—
Mendon Golf Ents Ltd
—
Loan Modification
related
$964,208 · Genesee Reg'l Bk
—
—
Mendon Golf Ents Ltd
—
Deed Of Trust
related
$85,714 · Genesee Regional Bank
—
—
Green Hills Properties INC
—
Deed Of Trust
related
$1,100,000 · Genesee Regional Bank
—
—
Green Hills Properties INC
—
Deed Of Trust
related
$200,000 · Genesee Regional Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 226 Mendon Ionia Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
