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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
2351 Buffalo Rd Rochester, NY 14624-1305
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-5881798
Property summary
AI-generated overview
This exceptional commercial property, located at 2351 Buffalo Road in Gates, NY, presents a unique investment opportunity. The 4,348 square foot building sits on a 0.84-acre lot and offers high visibility at a busy signalized intersection near The Home Depot. Previously used as a restaurant, the space is currently vacant and features a fully equipped commercial kitchen, ready for immediate use. Ample parking is available, with over 70 spaces provided for customer convenience. Outdoor patio seating adds further appeal. The property's strategic location provides easy access to Interstates 390 and 490, placing it just 10 minutes from Downtown Rochester. This area boasts low vacancy rates, indicating a strong and thriving market. The property is being sold "AS IS" for $899,000. This represents a compelling opportunity for investors seeking a high-traffic location with significant potential for immediate return. The property's size, amenities, and location combine to create a highly desirable commercial space.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Total area
4,348 SF
Lot
0.84 ac (36,590 SF)
Zoning code
05 - COMMERCIAL
APN
262600 119.13-1-2
UPID
US63-5881798
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$525k
Owner & transaction history
D&d 2351 LLC · 2 yrs held
D&d 2351 LLC
since 2024
Last sale
$524,999
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Rochester, 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 Rochester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rochester 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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$550,000
Current use
AUTO REPAIR, GARAGE
$465,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (May 16 2024)
Last sale anchor
$525k
May 16 2024
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
$121 / 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
$1,007,300
Assessed 2023
Previous assessed
$1,007,300
+0.0% YoY
Assessed land
$264,600
Assessed improvement
$742,700
Land market value
$318,791
Improvement market value
$894,809
Total market value
$1,213,600
Applied tax rate
262,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
1
Total area
4,348 SF
Lot
0.84 ac (36,590 SF)
Zoning code
05 - COMMERCIAL
APN
262600 119.13-1-2
UPID
US63-5881798
Jurisdiction
MONROE
Zoning & alternative use
05 - COMMERCIAL · Rochester, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Rochester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rochester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$465,000
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1980
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
D&d 2351 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2351 BUFFALO RD, GATES, NY 14624-1305
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
$525,000
D&d 2351 LLC
Rochester Buffalo Road LLC
Bargain And Sale Deed
—
Nov 3, 2008
$1,050,000
Rochester-buffalo Road LLC
Street Holdings LLC
Grant Deed
$750,000 · Valley National Bank
Oct 4, 2007
$1,321,568
Sus Holding LLC
Ge Cap Franchise Finance Corp
Grant Deed
—
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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