New search
Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Golf courses & driving ranges
2387 Baird Rd, Penfield, NY 14526-2304
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-3313300
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1951
Total area
11,769 SF
Lot
144.4 ac (6,290,064 SF)
Zoning code
RES B
APN
264489 139.15-1-1
UPID
US63-3313300
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
-
Midvale Country Club Bar & Pub Golf Course
-
Midvale Pro Shop Golf Course (Bike/Boat/Book/etc) Store
-
canalside trailblazers Business Networking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$930k
Blend (final)
Blend
$680k
Owner & transaction history
Midvale Golf And Country Club INC · 4 yrs held
Midvale Golf And Country Club INC
since 2021
5 recorded transactions
Zoning & alternative use
RES B · Penfield, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+107.4%
Restaurant
$985,000
+103.7%
Office building
$780,000
+61.1%
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
by Request
ML approach
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$485,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +107% · Conversion: Difficult
RESTAURANT
$985,000
Change: +104% · Conversion: Difficult
OFFICE BUILDING
$780,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$740,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$520,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$58 / 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
$3,340,000
Assessed 2023
Previous assessed
$3,340,000
+0.0% YoY
Assessed land
$475,100
Assessed improvement
$2,864,900
Land market value
$669,151
Improvement market value
$4,035,049
Total market value
$4,704,200
Applied tax rate
264,401.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1951
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
11,769 SF
Lot
144.4 ac (6,290,064 SF)
Zoning code
RES B
APN
264489 139.15-1-1
UPID
US63-3313300
Jurisdiction
MONROE
Zoning & alternative use
RES B · Penfield, NY
Zoning RES B · permitted uses
RES B · 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.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RESTAURANT
Est. value
$985,000
OFFICE BUILDING
Est. value
$780,000
MEDICAL BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$520,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
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
1951
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
144.4 ac
Current owner
From public records · entity-resolved
Midvale Golf And Country Club INC
Entity
Mailing address
PO BOX 32762, CHARLOTTE, NC 28232-2762
Ownership since
2021
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
Oct 21, 2021
—
Midvale Golf And Country Club INC
—
Deed
related
$2,500,000 · The Lyons National Bank
Aug 29, 2018
—
Midvale Golf & Cc INC
—
Deed
related
$100,000 · Genesee Reg'l Bk
—
—
Midvale Golf & Cntry Club INC
—
Deed Of Trust
related
$1,226,624 · Genesee Regional Bank
—
—
Midvale Golf & Cntry Club INC
—
Deed Of Trust
related
$459,791 · Genesee Regional Bank
—
—
Midvale Golf & Cc INC
—
Deed Of Trust
related
$100,000 · Genesee Reg'l 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.
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 2387 Baird 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.
